News / Features

Mortgage fraud grows as home prices and demand increase

Instances of mortgage fraud risk grew 12.4 percent since last year, according to CoreLogic’s Mortgage Application Fraud Risk Index. Approximately one in 109 applications, or 0.92 percent, of all mortgage applications contained indications of fraud. This is up from

Lender sentiment slips amid growing competition and savvy borrowers

Heading into the end of a year filled with volatility, the mortgage lending industry continues to look at its present and future performance as a glass half-empty. According to the latest Mortgage Lender Sentiment Survey by Fannie Mae, the

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This Week in Boston Real Estate: South Station tower developer granted six months for negotiations and more

Hines, the Houston-based development firm that has been trying to establish a major complex on top of South Station, has been granted an additional six-month extension for negotiations. The Massachusetts Bay Transportation Authority gave the developers until April 30,

Real Estate in Brief: Lobbyist spending, housing market improvement and more

The amount of third quarter spending on lobbyist is at a record high since 2010 with $2.6 billion spent and the National Association of Realtors is one of the top spenders. The total amount of money expended is up by approximately $30

Berkshire Hathaway Commonwealth acquires ePlace Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate recently acquired the largest independent brokerage in Cambridge, ePlace Real Estate. Under the leadership of Bill Scott and Denise Price, the ePlace team of 35 agents cleared nearly $75 million in sales volume

Case-Shiller: Annual home price gains fall below 6 percent in August

The S&P CoreLogic Case-Shiller national home price index grew 5.8 percent in August, slowing slightly from the 6.0 percent gain seen in July. The 10-City composite is up 5.1 percent, while the 20-city composite grew 5.5 percent. On a

Millennials most willing to bunk with ghouls for large kitchen space and other sweet treats

Realtor.com’s annual Haunted Real Estate Report found that millennials are more willing than any other generation to sleep with what goes bump in the night, for a small bonus. According to the 2018 survey, one in three respondents, specifically millennials, were willing

The best neighborhood to find a bargain in Boston

While home price growth has slowed, many are still unable to afford a home in some of America’s biggest cities. But Realtor.com may have a few suggestions. In a recently published survey, Realtor.com listed the best neighborhoods to find

Home sales fall locally and statewide while prices hold

Home sales reports from state and local Realtor associations concluded that the markets of both Boston and Massachusetts in general underperformed on sheer sales volume, although prices remained strong. Last month, single-family sales in the Greater Boston area were

Real Estate in Brief: Opendoor’s bonus credit, hidden doorways gaining popularity, and more

  The home-trading startup Opendoor has made several changes of approach when attracting homebuyers in the Pheonix and Dallas-Fort Worth markets. The company has featured a bonus $1,000 credit to buyers who purchase Opendoor’s for sale homes in these markets; whether through an Opendoor “partner agent” or through a direct purchase on their own.

This Week in Boston Real Estate: Boston buyers aren’t spooked, local award-winners and more

Cemeteries don’t scare off Bostonians apparently, as nearly 30 percent of Cambridge and Boston homes are within a half-mile of one. According to a new Trulia report, the two cities have some of the highest shares of homes near cemeteries

National Association of Realtors heads to Boston for 2018 Realtors Conference and Expo

The city of Boston is getting ready for the National Association of Realtors 2018 Realtors Conference and Expo, which will take place at the Boston Convention and Exhibition Center on November 2-5. More than 20,000 Realtors, experts and guests

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Realogy’s Corcoran, Climb to begin franchising deals

Real estate holding company Realogy has announced that it would begin selling franchise agreements for two of its brokerage brands, The Corcoran Group and Climb Real Estate. Corcoran is based in New York City and until now has primarily served markets

Pending home sales grow slightly in September, indicating stabilization

Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August. The National Association of Realtors reports that the pending home sales index rose 0.5 percent from 104.1 in August to 104.5

Real Estate in Brief: Salaries in US cities, patios gain popularity and more

The financial website How Much used data from the National Association of Realtors and mortgage-information website HSH.com to find the nation’s most expensive “average-sized” homes. The study found that the median U.S. household annual income rose nearly 2 percent

Saving for a down payment continues to delay US homeownership

It would take the average American seven years to save up enough to make a down payment on a typical home, according to Zillow’s latest report. This is longer compared to 20 years ago when it took the average

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