News / Features

Consumer confidence in housing market surges

Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by

This Week in Boston Real Estate: Office space, budget plans and more

Boston tech firms grew their office footprint last year A report from commercial real estate brokerage Cushman and Wakefield estimates Boston’s IT sector accounted for almost half of all new office leasing activity in 2018. In turn, that may

Real Estate in Brief: Rent burden, global affordability and more

Freddie Mac: Florida metros among most rent-burdened Housing affordability is an issue that dominates discussions of local politics, but the data on the topic can be hard to interpret. Studies from multiple sources regularly rank U.S. cities according to

Helping buyers understand credit scores

Even though you’re in the trenches every day, buying a house is a big deal for your clients. It requires many involved steps and processes that can seem overwhelming to any buyer. And one of the more intimidating steps

Tax Day takeaways for your clients

April 15 this year marks the first Tax Day under the 2017 Tax Cuts and Jobs Act, one of the most significant overhauls of the federal tax code in decades. While Tax Day is the deadline for most Americans,

Cover story: Boston’s luxury real estate market

When most Americans think of luxury real estate, Boston might not be the first city that comes to mind. Maybe that should change, given the city’s remarkable economic growth in recent years that has kept it comfortably within the

What makes Boston a global ‘power market’ for luxury real estate

It’s not easy to stay up-to-date on the latest in luxury real estate. The true trajectory and intensity of trends in this specialized market can be obscured by noise in the data when sample sizes or time frames are

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