National News

Single women build less home equity over time than single men, report finds

A new Redfin report shows that since 2012 single women have earned about 92 cents for every dollar of home equity earned by single men. In an analysis of 79,517 homes purchased in 18 of the largest cities by

New data shows national home prices jump to all-time high

The latest S&P Dow Jones Indices shows that in June 2017, home prices around the country continued to increase, marking a year of gains. Prices jumped 5.8 percent over May 2017, according to the data released Aug. 29. The

National Association of Realtors urges reauthorization of federal flood insurance program

In the aftermath of Hurricane Harvey, the National Association of Realtors (NAR) has created a petition encouraging members to support the reauthorization of the National Flood Insurance Program (NFIP), which is set to expire Sept. 30. The NFIP was

Study: FSBOs sell for less than agent sales

With ample technology available today, many homeowners who are looking to sell might think they can go it alone and still net the same price as they would when working with a real estate agent, but a recent study

Foreclosure rates lowest in a decade

Are we seeing the light at the end of the tunnel? For the first time since February 2007, foreclosure inventory has fallen below 400,000. Black Knight Financial Services released a report showing that in July 2017 the number of

Millennial confidence in homebuying dipped to lowest point in 18 months

The millennial reputation is often one of rebelling against tradition. However, there appears to be at least one that is important to them. A recent survey shows that most millennials still want to buy and own a home —

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Judge dismisses Zillow ‘Zestimates’ lawsuit

On Wednesday, a U.S. district court judge dismissed the Illinois lawsuit against Zillow’s Zestimate tool — a win for the Seattle-based real estate company. The original lawsuit was filed in May by a Glenview homeowner who claimed that the

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July new home sales dip after a successful June

According to new data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in July fell 9.4 percent to a rate of 571,000. “The year-to-date growth shows that

Everybody wants to be a millionaire: 346 new millionaire neighborhoods in U.S.

What would you do with a (couple) million dollars? If you are in the U.S., it looks like people are using it to buy homes. A report from Zillow shows that since 2014, 346 more neighborhoods have reached millionaire

The top five risks Americans consider when buying a home

As with any major investment, there is much to worry about when it comes to purchasing a home. For many potential buyers, the road to ownership is often blocked by personal hazards such as growing student loan debt, limited

Nearly one in four homes with a mortgage is equity rich

More than 14 million properties were equity rich at the end of the second quarter of 2017, according to the Q2 2017 U.S. Home Equity & Underwater Report from ATTOM Data Solutions. This makes up 24.6 percent of all

The hottest new trend in house hunting is…nature?

In today’s digital age, homeowners seem to be most keenly interested in one thing: getting in touch with the outdoors. According to new research most of them would even downsize their square footage to do so.  A recent survey conducted

July home sales fall as inventory continues to constrict, Redfin reports

While home prices increased nationally in July, overall home sales declined, according to the latest report from Redfin. The median sale price in July rose to $293,000, a 6.8 percent increase from last year, but a slight 0.3 percent drop

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Redfin: Boston-area neighborhood one of country’s hottest

The Lawrence neighborhood in Medford is one of the top 10 Hottest Neighborhoods in the country, according to Redfin. The list is based on recent growth in home listing page views and favorites on Redfin.com. The median sales price of a home in

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See which interior design style is preferred by Massachusetts residents

Dust off that gaudy chandelier and break out the lace: Victorian interiors are back in style at last, at least for some Americans. Though it may be surprising, a recent report from custom furniture brand Joybird reveals that Victorian-era designs are

U.S. home prices jump in Q2, surpassing 2016 high

High demand and low supply continues to push up home prices across the country, according to the latest quarterly report from the National Association of Realtors. The national median single-family home price increased 6.2 percent from $240,700 in Q2 2016

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