News / Features

Boston home sales, prices on the rise as market pace slows

Single-family and condo sales both grew month over month, but also saw decreases in volume as the market shows signs of relaxing.

NAR condemns racial profiling of Michigan agent

After a Black real estate agent and his client were detained by police while viewing a house, the National Association of REALTORS® took a strong stance against the “deeply disturbing” incident of “racial profiling.”

New listings rose in July as more affordable options hit the market

Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.

Lot values are priced at a record high… Will it continue?

Lot values for single-family detached (SFD) spec homes are surging, according to a report from the National Association of Home Builders.

Vinay Gode, Julie Jensen and Jimmy Ellis
Knox Financial announces leadership team expansion

The fintech company has hired three new vice presidents of user design and experience, engineering and marketing.

Come sail away… on this land-locked Michigan houseboat

This 74-foot “land yacht” in Au Gres, Michigan takes the meaning of “houseboat” to a whole new level.

19-story residential building proposed for Huntington Avenue site

Developers are hoping to redevelop a five-story apartment building on Huntington Avenue into a 19-story building with 153 units. 

No new median-home price records set in July

For the first time since early March, no new records were set for median-home-sale prices last month, ending the five-month streak of record-breaking home prices.

Housing affordability hits 10-year low

Just 56.6% of homes sold during the quarter were affordable to families earning the U.S. median income of $79,900, according to the National Association of Homebuilders/Wells Fargo Housing Opportunity Index.

BPDA approves new developments in four Boston neighborhoods

The Boston Planning & Development Agency has approved five new transit-oriented projects that will bring more than 500 residences to four city neighborhoods.

Boston Housing Scorecard: Existing home sales rise, inventory drops in July

Meanwhile, pending home sales and housing starts dropped from a year ago, according to Boston Agent’s July Housing Scorecard.

Boston’s housing market saw strong gains in June

The boost in market activity and prices continues to be driven by millennial buyer demand, the search for more living space, a healthier job market and lower mortgage rates.

Realtor survey shows importance of tech in pandemic

Looking forward, 37% of the survey’s respondents expect drones to be the most-impactful technology over the next 24 months, followed by cyber security (34%), 5G (31%) and virtual reality (30%).

Share of international homebuyers fell last year

International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.

Housing affordability falls for a third straight month

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index. 

RentPath names new CEO after Redfin takeover

The new executive joins RentPath from ParkMobile, which provides an app to help drivers pay for metered parking remotely.

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