News / Features

This Week in Boston Real Estate: Development policy, falling rents and more

Two events taking place on the same weekend, and in the same neighborhood of south Boston, speak to the complexity of the broader conversation around housing policy. The Boston Globe pointed out that these two meetings point to the two

What homebuyers, sellers with children are looking for from their agent

There is no one-size-fits-all way to help people buy and sell homes. Depending on what stage of life they are in, the needs and preferences of the client will change entirely. Buying or selling a home can be a

Mayor’s housing plan aims for 69,000 new units by 2030

In 2014, the City of Boston’s Housing Task Force and Mayor Marty Walsh unveiled a report detailing plans to bolster the city’s future housing stock. Based on new population projections and other trends, though, city officials announced Sept. 26

Pending home sales continue to see declines

Pending home sales fell for the eighth straight month on an annual basis, according to the August report from the National Association of Realtors. The Pending Home Sales Index dropped 1.8 percent from July’s 106.1 to 104.2 in August,

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South Florida agent sues NAR, Move Inc. over unsolicited text messages

A South Florida agent is suing NAR and Move, Inc. because of unsolicited text messages that she received through Realtor.com. In the class action lawsuit, Courtney Silverman alleges that “in their persistent efforts to advertise and solicit business, defendants,

Homebuyer traffic remains strong despite slight slowdown

Realtors across many states reported slower homebuying activity in August as the Realtors Buyer Traffic Index fell to 57 from 69 in August 2017, according to the August 2018 Realtors Confidence Index Survey. Homebuying activity in the country is

Housing legislation struggles through Congress

The cost of living in a home has outpaced the wage growth of the average U.S. citizen, and is becoming an urgent concern for millions. Apartment List found that housing affordability is a determining factor for the quality of life for

Boston home sales grow in August

Sales of single-family homes and condo units around greater Boston grew in August compared to the same month a year ago. Home sales increased 3.3 percent to end the month at 1,679 units sold, at a median price of

Real Estate in Brief: FTC website crackdown, Zillow lawsuit and more

According to HousingWire, the Federal Trade Commission (FTC) cracked down on a string of real estate websites allegedly targeting Section 8 renters, charging a weekly subscription fee for false rental listings. The FTC alleges that brothers and company owners Steven and Kevin (Kaveh) Shayan operated a set of

LGBT+ couples are showing a stronger desire to purchase homes

Although housing discrimination continues to be an issue for many in the LGBT+ community, more LGBT+ couples are buying homes. The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) put out its annual report looking at LGBT+

This Week in Boston Real Estate: Tower groundbreaking, new developments and more

Cronin Development announced that a groundbreaking ceremony for its St. Regis Residences tower in the Seaport District will be held Oct. 1. Plans for the building include 22 floors and 114 luxury condo units, each with access to St.

Gibson Sotheby’s expands to Cape Cod

Gibson Sotheby’s International Realty announced it would expand into the Cape Cod market by bringing offices of oldCape Sotheby’s International Realty under its umbrella. Gibson Sotheby’s would assume ownership and branding of oldCape’s six offices around Barnstable County. Former

Existing-home sales steady in August after months of declines

After four months of declines, existing-home sales stayed steady in August from July, according to the National Association of Realtors’ monthly report. “Strong gains in the Northeast and a moderate uptick in the Midwest helped to balance out any

Homebuyers purchase second vacation homes for profit over personal use

Over the past decade, the market for second homes and online travel operations has transformed significantly. A survey by real estate adviser Savills and HomeAway found that recent buyers are prioritizing the purchasing of second vacation homes for financial benefits rather than

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NAHB: Permits and confidence grow, but tariff trouble looms

The latest survey of U.S. homebuilders by the National Association of Home Builders finds that confidence within the industry remains generally high despite some persistent headwinds. The NAHB/Wells Fargo Housing Market Index (HMI) for September remained unchanged from the

Coldwell Banker Real Estate announces new chief operating officer

Liz Gehringer, tenured senior vice president and chief ethics and compliance officer of Realogy Holdings Corp., was named the new chief operating officer for Coldwell Banker Real Estate LLC. Gehringer will be working under Coldwell Banker president and CEO, Charlie Young, while overseeing the brand’s field

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