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While Boston-area home and condo sales posted record gains for the month of November, data for the rest of the state did not exceed expectations in the same way. Home and condo sales numbers from the Massachusetts Association of
The Greater Boston home and condo market enjoyed strong sales through November as more buyers enter the fold. Previous months had seen growing inventory amid excessively high prices. However, buyers in November shrugged off concerns over interest rates and
A new white paper by Freddie Mac outlines the significance of single-family rentals to the U.S. rental housing market, highlighting a dearth of financing options for the bulk of investors who own such housing. According to the paper, SFRs, which are
Several cities that were widely favored, but ultimately passed up, during Amazon’s highly publicized search for its second headquarters experienced what some called the “Amazon effect”: More businesses showed interest in relocating to cities like Atlanta after Amazon announced
Conditions continue to improve for homebuyers in many of the largest U.S. cities, according to recent data from S&P CoreLogic’s Case-Shiller National Home Price Index and Redfin. The latest reading of the closely watched Case-Shiller index found home price growth
Boston is not alone in solving the shortage of housing supply: High demand for housing combined with a lack of inventory at a range of price points is widely cited as one of America’s most pressing economic challenges. A
Saving for a down payment remains among the biggest hurdles to homeownership, especially for young or first-time buyers. But more data released recently shows that down payment expectations are changing, including the long-held 20 percent standard. A recent report
During their final policy meeting of 2018 this week, Federal Reserve officials voted unanimously to continue the central bank’s pace of gradual interest rate increases. As was widely expected, the Fed announced at the conclusion of its Federal Open
The National Association of Realtors reported Wednesday that existing home sales in November were up 1.9 percent from the previous month. That makes November the second consecutive month of increasing home sales as prices continue to moderate and listings
The holiday season is all about finding the best deals on gifts for friends and family, but it may also be one of the best times to find a bargain on the biggest purchase most of us will ever
One of the biggest threats to the U.S. real estate market next year will be a familiar one, according to Freddie Mac economists: a lack of inventory due to sluggish building activity. In its latest Insight Report, Freddie Mac
Boston City Hall hosted the latest public meeting regarding the planned redevelopment of the massive, 161-acre site at Suffolk Downs on Dec. 12, with several East Boston residents in attendance to voice their concerns surrounding the project. While the
First-time homebuyers made up the largest share of the U.S. home purchase market since 2005 during the first nine months of 2018, according to a recent report from Genworth Mortgage Insurance. That means despite persistent concerns about housing affordability
If you’re feeling like home prices can’t go up forever, you’re not alone. The November edition of Fannie Mae’s monthly Home Purchase Sentiment Index cites a 13 percent drop in confidence that prices will continue to climb over a
It may not be surprising by now to hear that the next generation of young adults wants to follow in their parents’ footsteps and become homeowners soon. That’s also increasingly true for those who are currently renters. A new
The number of households in the U.S. considered cost-burdened last year had slightly fallen, according to a JCHS analysis. The study reviewed data from the 2017 American Community Survey, finding that between 2016 and 2017 the percentage of cost-burdened households (households paying over 30 percent of total household income
