News / Features

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

Zillow: Younger Americans more likely to use money for down payment over renovations

Two-thirds of homeowners would prefer to renovate their current home rather than make a down payment on a new one, according to a new report from Zillow. Overall, it seems that homeowners are happy with their current homes, with

Rising home values can help homeowners, but it may cost them

Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK f. But even though leveraging home equity into

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This Week in Boston Real Estate: 2019 predictions, brokerage tech and more

The Urban Land Institute hosted its Fall Meeting in Boston Oct. 8-11 at the Boston Convention and Exhibition Center. The Institute’s annual “Emerging Trends in Real Estate” report was a central topic of discussion, as it marked the 40th

Real Estate in Brief: Zillow lawsuit tossed, Trump tax evasion, and more

After almost five years of record-low inventory and record-high prices, prospective homebuyers are finally experiencing some relief. Realtor.com released their September housing report which revealed that new listings to the housing market saw an 8 percent increase over this time last year. With 465,000

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