News / Features

Mortgage applications fall as interest rates rise

Meanwhile, the seasonally adjusted purchase index declined 6% from the previous week, the Mortgage Bankers Association reported.

Knox Financial names new chief growth officer

Matt Marra has been tapped to lead Knox Financial’s national expansion as chief growth officer, the company recently announced. 

New project to bring more than 200 apartments to Billerica

A new residential property in Billerica has opened its doors to its first occupants.

Housing starts tick higher in June

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.

NAHB: Builder confidence drops again on materials costs, supply-chain woes

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.

South Boston redevelopment could bring 93 units to the area

Developers have filed a letter of intent to bring more than 90 residential units to a former seafood processing plant in South Boston.

Redfin: Housing market could be reaching something of an equilibrium

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.

Luxury homes sales take off in Boston

How luxurious is the American real estate market? You may be surprised.

Mortgage applications surge 16% as interest rates fall

Meanwhile, the Mortgage Bankers Association’s seasonally adjusted purchase index rose 8% from the previous week.

Pandemic reshuffles homebuyers’ amenity priorities

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.

Homebuying competition lessens in Boston. Could the market be losing steam?

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.

Compass, Guaranteed Rate launch loan origination company OriginPoint

Two of the largest leaders in the real estate market are joining forces to form a new mortgage origination company.

How long would it take a renter to save up for a down payment in today’s market?

It could take Boston-area renters more than a decade to save for a down payment in today’s market.

Go green in the great outdoors

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 spiked in June

Boston rents rose sharply last month, the sixth straight month of rent increases across the city.

How does Boston rank for first-time homebuyers?

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.

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