News / Features

Real Estate in Brief: Facebook v. HUD, record-low rates and more

Facebook charged with housing discrimination by HUD The U.S. Department of Housing and Urban Development (HUD) on March 28 formally charged Facebook with discrimination in violation of the Fair Housing Act. The charge comes after the agency filed a

Redfin: Boston’s drop in bidding wars is the steepest in the country

In the last few weeks, no U.S. city has shown a steeper decline in the percentage of buyers who’ve faced competition when bidding for a home than Boston. That’s per a new study by Redfin, which compares the percentage

Will buyers rule the market this spring?

The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home

FHA changes may tighten credit for homebuyers

First-time homebuyers hoping to utilize the popular Federal Housing Administration loan program may find it more difficult to be approved for a mortgage this year, as the agency moves to reduce growing risks related to the program. FHA loans

Local home sales grow by double digits in February

Single-family home and condo sales in the Boston area grew significantly in February on a year-over-year basis, posting unusually strong numbers for a month that’s often slower than average. In the single-family market, sales grew 21.8 percent in Feb.

This Week in Boston Real Estate: Tax plan update, home equity and more

More details on Boston transfer tax proposal The first of what will likely be many public hearings on a proposed increase in Boston real estate transfer taxes took place at City Hall March 19. According to Tim Logan reporting

Home sales surge ahead of spring

For real estate agents, spring may have arrived early this year. After a string of anemic reports through the winter, home sales numbers picked up across the U.S. in February. The National Association of Realtors reported that existing home

More Americans say now is a good time to buy a home

The state of the U.S. housing market has shifted rapidly in the last few months, but are consumers keeping up? A new survey from the National Association of Realtors makes the case that low mortgage rates and increased inventory

Real Estate in Brief: Broker alliances, rebranding and more

RE/MAX to partner with Redfin through referrals RE/MAX announced in a March 18 press release that it had entered into a “strategic alliance” with Redfin to boost sales at both nationwide brokers through referral incentives. In about 5,000 ZIP

New insight from Fed meeting could keep mortgage rates low

In a positive sign for homebuyers planning on taking out new mortgages, the Federal Reserve sent its clearest signals yet that it will hold off on interest rate increases for the foreseeable future and perhaps the rest of 2019.

Home design trends in demand in 2019

This year is one of continued change in home design as consumers get revved up about more livable spaces and a surge in new home-centered technology. Trends are constantly changing, and this year, homeowners want design that will create

Congress still trying to pass long-term flood insurance solution

The National Flood Insurance Program (NFIP) has been a subject of debate for years in Congress, gaining temporary funding multiple times without any permanent solutions. Recently, representatives across political lines have shown interest in finally reaching a long-term resolution,

Remote workers more likely to own than rent

For most Americans, the average commute is less than 90 minutes. However, extreme commuters exist on either end of this spectrum, with telecommuters (who work from home) experiencing no travel time and so-called “super commuters” traveling over 90 minutes

Real Estate in Brief: Lender sentiment, housing starts and more

Lender optimism jumps as rates drift lower The latest survey of mortgage industry sentiment from Fannie Mae found lenders markedly more optimistic about their business prospects at the start of 2019. While still negative overall, the results of Fannie

Statewide pending sales up again in February

Pending home and condo sales grew again last month throughout Massachusetts as buyers moved to capitalize on lower interest rates and an increase in listings to choose from. The number of single-family homes under agreement by the end of

This Week in Boston Real Estate: Investor destinations, casino plans and more

Boston named a top city for global growth, investment Boston’s high real estate prices are the source of concern for many residents, politicians and business leaders alike. To ultra-wealthy investors, though, Boston may look like a steal in the

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