National News

Ending 1031s hurts land conservation, farmers

The land conservation and farming communities need to come together and let Congress know how vital the like-kind exchange is to the future of our land and that it must continue.

Could vaccines boost listings ahead of the spring market?

Zillow survey finds growth in homeowners finally comfortable to move after widespread vaccination distribution.

Buyers show renewed interest in city living as vaccines bring hope

For the first time since March 2020, home-price growth in urban areas surpassed that of suburban and rural locations.

Boston home price increase nearly doubles national average

The median price of a home in the U.S. reached its highest point in 13 years last month as inventory continued to fall.

Millennials dominate homebuyer market as Gen Z enters

Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.

Homeownership rising for single women, despite pandemic ‘she-session’

It is not “first comes love, then comes marriage,” but for many women, “first comes homeownership,” according to First American Chief Economist Odeta Kushi.

New residential mortgages hit 14-year high

Lenders issued $1.06 trillion worth of mortgages in the fourth quarter of 2020 with refis contributing to the boost.

Housing observers expect February job gains to continue

“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day,” National Association of Realtors chief economist Lawrence Yun said in a release.

How will the stimulus bill help real estate?

The stimulus bill includes aid for state and local governments, new homeowners, small businesses and renters.

U.S. House passes Equality Act to prohibit discrimination

The House of Representatives has approved the Equality Act, which establishes legal safeguards to prevent discrimination in housing based on sexual orientation.

Black Knight: Mortgage forbearances finish February with weekly increase

The increase follows a decline earlier in February that cut the number of homeowners in forbearance plans to less than 2.7 million, the first dip below that threshold since April 2020.

RE/MAX, NAREB take on homeownership racial gap

The National Association of Real Estate Brokers has joined the RE/MAX Strategic Alliances program to help grow homeownership among minority groups.

Boston brokers skeptical of Zillow deal

The news that Zillow is purchasing ShowingTime for $500 million sent shockwaves through the residential real estate industry in February. See what readers had to say in our latest survey.

Median home sales price nears record-high

The median sales price in the first month of 2021 was up 11.8% from January 2020 to $285,000, nearly matching the record high of $290,000 set last August.

Boston among few cities where low-income housing hurts home prices

The study largely dispels a long-held belief that nearby homes lose value once low-income housing is built in an area.

Rate of homebuyers who are outbid doubles

The top reason long-time searchers have not purchased a home is because 40% say they were outbid.

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