National News

Severe weather shakes builders’ confidence

After hurricanes rocked the South and Southeast in the past month, builder confidence dipped due to the storms’ impact on labor and materials. The Housing Market Index from the National Association of Home Builders and Wells Fargo shows confidence

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Home flippers move toward more affordable markets as profits plateau

Less homes are being flipped, for less of a profit, and for those who do, the cost is the most expensive it’s been in nearly 10 years according to a new report from ATTOM Data Solutions. Flipping trend on

Boston is one of the best cities for single women homeowners

Boston is the 12th best market for single female homeowners, according to a new study from Owners.com. The online real estate brokerage ranked the 20 best MSAs for single women to buy a home. A number of factors were

Zillow: Housing market not safe from climate change effects

With Hurricanes Harvey and Irma still fresh on the minds of government officials and residents around the country, many are focused on the issues immediately at hand: rebuilding and cleaning up. However, scientists and weather officials are looking at

Student loan debt delays millennial homeownership by 7 years

As many millennials age and start to consider homeownership, student loan debt continues to be a major hurdle. According to the 2017 Student Loan Debt and Housing Report, the majority of millennials with student debt currently do not own

Homebuyers are prioritizing family when looking for their new homes

Homebuyers are focusing on family over their dream homes, according to a study from Bank of America. The Homebuyer Insights Report shows that homebuyers are prioritizing family members with around four in 10 first-time homebuyers planning to move closer

Realtors weigh in on workplace safety in new survey

According to a recent National Association of Realtors survey, 38 percent of Realtors have experienced a situation that made them fear for their personal safety or safety of their personal information on the job. Women and those in suburban

Hispanic buyers account for more of the homeowner population than ever before

As population demographics continue to change, so too does the fate — and face — of the average American homebuyer. Accounting for nearly 17 percent of the U.S. population, the typical homeowner is more likely than ever to be

Housing prices keep going up amidst national inventory shortages

Housing prices increased 7.7 percent in August, according to a recent report from Redfin. This new hike in costs represents the greatest uptick in year-over-year home prices since May 2015. Nationally, the median sale price rested at $293,000, indicating

Housing confidence up overall as rising home prices continue to divide the market

Fannie Mae released a report showing overall confidence increase in the housing market yet homebuyer confidence dips to an all time low, creating a split housing market. Fannie Mae’s 2017 Home Purchase Sentiment Index (HPSI) increased to 88.0 which is three percentage points

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National Flood Insurance Program gets extension

Originally set to expire on Sept. 30, the National Flood Insurance Program was recently extended to Dec. 8 while Congress mulls reform of the law, which is overseen by the Federal Emergency Management Association. The extension comes at a

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Redfin’s growing profits spur stock growth

In the second quarter of 2017, Redfin Corporation’s revenue increased 35 percent from the same time last year to $104.9 million, the company recently announced. The remarkable profit growth is causing Redfin stock to continue rising less than two

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See how much Boston residents need to earn to buy a home in the area

A new study by HSH.com reveals what salary Americans must earn in order to afford a median-priced home in any given metro. For Boston residents, the cost of homeownership rings in at $98,518.71 a year, a 9.78 percent increase

PhysicianLoans increases lending ceiling to $750,000 for doctors, veterinarians

PhysicianLoans recently announced that it will now offer zero-down loans of up to $750,000 for medical professionals. As a part of the company’s Doctor Loan program, the financing rate will be available to dentists and veterinarians in addition to

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Median down payment percentage is highest in three years

A recent report from ATTOM Data Solutions shows that the national median down payment percentage is at its highest in three years. ATTOM Data Solutions recently released its Q2 2017 Residential Property Loan Origination Report, which found that homes purchased with

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CoreLogic HPI: Home prices are up across the board

According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average

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