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Meanwhile, the seasonally adjusted purchase index declined 6% from the previous week, the Mortgage Bankers Association reported.
Matt Marra has been tapped to lead Knox Financial’s national expansion as chief growth officer, the company recently announced.
A new residential property in Billerica has opened its doors to its first occupants.
Privately owned housing units authorized by building permits in June came in at a seasonally adjusted annual rate of
1,598,000, down 5.1 % from the revised May rate of 1,683,000, but 23.3% above the year-ago rate of 1,296,000.
July’s reading of 80 was down one point from June, but still signaled strong demand for housing, the National Association of Home Builders said.
Developers have filed a letter of intent to bring more than 90 residential units to a former seafood processing plant in South Boston.
During the four-week period ended July 11, the average weekly share of homes for sale with a price drop passed 4% for the first time since September 2020.
How luxurious is the American real estate market? You may be surprised.
Meanwhile, the Mortgage Bankers Association’s seasonally adjusted purchase index rose 8% from the previous week.
Adjectives reflecting the desire for privacy and physical isolation gained a place of prominence: “private,” “covered,” “quiet,” “separate” and “enclosed” were among the top 100 most-used description terms.
The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago.
Two of the largest leaders in the real estate market are joining forces to form a new mortgage origination company.
It could take Boston-area renters more than a decade to save for a down payment in today’s market.
This passive-solar structure will have its new owner giving a high-five to Mother Earth, due to the structure’s energy-efficient design.
Boston rents rose sharply last month, the sixth straight month of rent increases across the city.
Boston wasn’t the only Massachusetts city or town on the list. Seven other Massachusetts locales were ranked in the report. See how they all stacked up.
