News / Features

Trustworthiness and quiet the most important qualities in a good neighbor

Having terrible neighbors can be an extremely negative experience for homeowners. However, luckily the vast majority of people currently believe that they have good neighbors. According to Realtor.com’s Good Neighbor Report, 77 percent of participants said they are satisfied with

How much will rising interest rates cost homeowners?

Recent reports of a sluggish housing market have put at least some of the blame on rising interest rates. Over the last 12 months, the interest rate on a typical 30-year fixed-rate mortgage has increased by nearly one full

Winthrop Square tower will proceed after City Council approval

With the Boston City Council’s final vote, the more than decade-long debate over how to develop the former Winthrop Square garage ended last week. Just after the approval vote, developer Millennium Partners announced the Winthrop Square project will break ground

Real Estate in Brief: Market insights, homebuilder leadership and more

Luxury Portfolio International‘s 2018 Global Luxury Real Estate report found that, globally, almost 40 percent of high-net-worth individuals will be looking to buy property but only 23 percent are willing to sell. With the imbalance of purchase intent, the market could experience

Zillow: Suburban home affordability rivaling urban levels in many markets

With home prices rising across the country, many buyers may think that moving out to the suburbs is the solution to finding a home that they can afford. However, suburban areas are now rivaling urban areas in affordability in

Study: Higher property values influence homeowner voter participation

A recent study from two members of Stanford University’s political science department finds a strong positive relationship between voter turnout rates and property values among homeowners. Along with a growing body of research around how homeowners vote, this could

Listing of the Week: The ultimate in modern luxury at 9 Summer Ln., Belmont, MA

9 Summer Lane, Belmont, MA 02478-1433  Presented by Sarah DeStefano of Belmont Homes Realty   The ultimate in luxury: Sleek, ultra-modern and packed with amenities controlled by a touch on your smartphone from just about anywhere. Built on almost two acres

This Week in Boston Real Estate: Expensive cities, a hot condo market and more

Boston has long held a reputation as one of the most expensive cities in the U.S. according to real estate prices and local cost of living. A new analysis from Bloomberg argues that it may now be among the

Home prices continue to rise while existing home sales slow, inventory tightens

Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and

Homeownership a higher priority for millennials than travel, marriage, children

Homeownership is the biggest priority for millennials, according to the latest Bank of America Insights Report. A little over 70 percent of those surveyed said homeownership is their top priority, outranking traveling (61 percent) getting married (50 percent) and

Real Estate in Brief: Sight-unseen offers decrease, Zillow names new head of federal government relations and more

Fewer homebuyers are making sight-unseen purchases, according to Redfin. In a recent survey, only 20 percent of recent homebuyers made an offer sight-unseen compared to the 35 percent in 2017. In May, Redfin analysts noticed sight-unseen offers returned to

Ranking Boston’s suburbs for millennial buyers

The Boston metropolis has become home to many college students and young professionals. In fact, David Wluka, a real estate agent and member of the National Association of Realtors, reported that within the last year 31 percent of property buyers in the greater Boston

See the US cities with the highest immigrant homeowner rates

The United States currently has the highest percentage of immigrants since 1910 with 13.7 percent of the population being foreign-born. This has led to economic growth from 2011 to 2016 that accounted for much of the nation’s post-recession growth

Boston developers now required to disclose investor, employee diversity

A new ordinance from the Boston Planning and Development Agency announced on Oct. 9 that it will require any developer with plans to build on public land to provide a diversity and inclusion statement as part of the request

Real Estate in Brief: Americans still want their dream home, foreclosure rates shrink and more

Americans are fixated on owning their dream homes despite the current housing market trends, a new survey from the PenFed Credit Union National Mortgage Survey revealed. Over the next two years 37 percent of adults and 52 percent of

Boston Agent Who’s Who launch party celebrates real estate’s best

Some of the best and brightest in Boston real estate were honored by Boston Agent magazine at the release party for its annual special edition, the 2018 Who’s Who in Boston Real Estate issue. The event was hosted on

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