News / Features

In many cities, 20 percent down payments are rare

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

Fed raises rates, but dials back plans for future hikes

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

Existing home sales grow in November on inventory gains

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

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Real Estate in Brief: Best days to close, new renter data and more

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

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Freddie Mac warns housing supply problem is compounding

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

This Week In Boston Real Estate: Development debates, architecture awards and more

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 homebuyer activity hit post-recession highs this year

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

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How confident should we be in the housing market?

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

Millennial renters aspire to homeownership, but getting there could take decades

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

Real Estate in Brief: Fewer cost-burdened households, millennials delay homeownership and more

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

White House nominates FHFA critic to lead agency

The Wall Street Journal reported Dec. 10 that President Donald Trump was expected to nominate Mark Calabria to replace the outgoing director of the Federal Housing Finance Agency, the federal regulator tasked with managing government-sponsored mortgage corporations Fannie Mae

Massachusetts Association of Realtors installs new president, Boston representative

Anne Meczywor of Roberts & Associates Realty Inc. in Lenox, MA was installed Dec. 4 as president of the 24,000-member Massachusetts Association of Realtors. Meczwyor was inducted at a ceremony at The Williams Inn in Williamstown, MA and included

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This Week in Boston Real Estate: Suffolk Downs redevelopment, natural gas concerns and more

Boston’s own HYM Investment Group said they’ll be going ahead with the redevelopment of Suffolk Downs, the old racetrack on the border of East Boston and Revere. Amazon’s interest in the 161-acre site reportedly spurred planning at the site,

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Real Estate in Brief: HQ2 listings, short-term rentals for brokers and more

Real estate website MyHQHome.com plans to launch in January, taking advantage of the Amazon HQ2 real estate gold rush. Several brokerages have joined forces in constructing the website, aiming to target Amazon employees relocating to the company’s two new city locations, Crystal City,

Boston ranked among top 50 cities for outdoor access

Boston was named one of the best cities in the U.S. for outdoor access, according to an analysis by REI.Research from the outdoor recreational retailer named Boston and other cities using data from the Urban Outdoor Access Analysis –

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With inventory growing, condo prices fall in some Boston markets

A market analysis released last month by Berkshire Hathaway HomeServices Warren Residential found that condo prices in some of Boston’s most expensive markets fell during the third quarter of 2018. Compared to the same period in 2017, condo sale

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