News / Features
The median existing-home price for all housing types rose to $350,300 in May, marking another new record.
Home prices continued to rise in May, as the median price of condominiums topped $500,000 for the first time in history.
Market competition has eased up recently, but seven in 10 buyers still face bidding wars, according to a new report from Redfin.
The former Our Lady of Victories Church in Boston’s South End will soon bring new residential housing to the area.
Virtual notary services will continue in the Bay State through Dec. 15, following the extension of the Virtual Notarization Act last week.
Charlotte Ostberg McAleer has joined Herrick Lutts Realty Partners as a Realtor.
On a year-over-year basis, new-home mortgage applications were down 5.9% in May, the Mortgage Bankers Association reported, citing its Builder Application Survey.
The typical increase in home sales as summer approaches failed to materialize nationwide last month, with average sales dropping 0.2% from April to May, but month-over-month sales in Boston dipped even further, declining 0.8%, according to the RE/MAX May National Housing Report.
Inventory levels rebounded last month, finally showing signs of recovery following a year of historical declines.
Although pending sales are up 29% from last year, they are starting to slow down, dropping 9.7% from their peak four weeks ago.
A 49-unit luxury residential development will be located at 635 Main St. in Wilmington.
Massachusetts is the second-best state to live in the U.S., according to WalletHub’s 2021 Best States to Live In list.
Home sales rose steadily again in May, as median selling prices also rose to record highs.
Anchor Point is set to break ground in Beverly this month on Phase 1 of the project which will bring 77 units of affordable family housing to the area.
The rise in equity could help stave off foreclosures because homeowners can tap into that equity and sell their home, unlike during the 2008 financial crisis when many homeowners found themselves underwater in their mortgage, according to CoreLogic.
The Boston Planning & Development Agency approved a request from developers to replace a previously approved hotel portion of their 150 Kneeland St. development with residences.
