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Real estate no longer Americans’ top investment choice

Choosing an investment strategy can be a nerve-racking and difficult decision. For years, investing in real estate has been a popular choice for a lot of Americans, but a new survey found that’s no longer the case. In a

NAR: Metro home prices reach record high in Q2

The national median home price for existing single-family homes reached an all-time high, edging up to $269,000, 5.3 percent higher than the second quarter of 2017, according to the latest quarterly report by the National Association of Realtors. As

Boston ranks as one of the most sustainably powered cities

The shift from non-renewable energy to sustainable power has been a slow process, but some cities are climbing faster than others, leading the country in green buildings and power. CommercialCafe ranked the 40 most sustainably powered cities in the U.S.

Survey: Homebuying among the most stressful life events

Source: homes.com Purchasing a home is meant to be a joyful accomplishment, but many Americans find it more stressful than any other major life event. A new survey from Homes.com found that nearly 40 percent of Americans said purchasing

Rubio proposes federal expansion of Miami cash sales rule

Last month, the Miami Herald reported that an effort to crack down on money laundering through real estate purchases in Miami-Dade County could be expanded nationwide. In a July 31 statement made to McClatchy and the Miami Herald, Florida

Many millennials are prioritizing homeownership over retirement, debt payoff

Despite the high amounts of debt that plague many millennials, home ownership is still at the top of their priority list. For them, achieving the American Dream means buying a home early, even if that means dipping into retirement

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Zillow acquires Mortgage Lenders of America

Zillow Group took a lot of risks in the last year, but its latest is seen as one of the most uncertain. On Monday, Zillow announced plans to enter the mortgage business with its acquisition of Mortgage Lenders of America.

Study finds small-dollar mortgages denied at highest rate

Urban Institute recently identified a lack of small-dollar mortgages for single-family home purchases. When a shortage of these small loans is present, it is more difficult for those with sufficient credit to find affordable homeownership opportunities in low-cost housing

Seaport District prices now rival Manhattan

Asking prices for residential listings in the Seaport District of Boston averaged $2,209 per square foot in August, according to a new analysis from NeighborhoodX. That puts the neighborhood in contention with some of the most valuable real estate

Real Estate in Brief: Wells Fargo pays $2.1 billion fine, West Coast price increases and more

Wells Fargo agreed to pay a $2.1 billion fine in order to settle allegations of misrepresenting the types of mortgages the company sold to investors during the housing crisis, according to the Chicago Sun Times. Although the amount seems

Builder confidence continues to grow in 55+ housing market

Builders continue to show confidence in the 55+ housing market as the second quarter index increases to 67, one point up from last quarter. According to survey results, the National Association of Home Builders (NAHB) 55+ Housing Market Index

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Wire transfer fraud: What agents can do to prevent it

In 2017, the real estate industry saw almost $1 billion in attempted or diverted funds from buyers, sellers, title companies and escrow agencies into the pockets of online hackers. Wire transfer fraud is not a new problem for the

Smart home technology is the new standard

In today’s digital age, novel inventions that once seemed like an unrealistic dream such as self-driving cars and virtual reality have become an integral part of everyday life. Just as Tesla is revolutionizing the automobile industry, smart homes are

This Week in Boston Real Estate: AirBnb taxes, hip suburbs and more

As Massachusetts legislators approached the end of their official session July 31, they faced a deadline for approving a series of bills related to budget moves and regulatory changes. Among the most contentious was a proposal to enact new,

High-cost cities see an increase in housing inventory

The lack of inventory has been troubling on the housing market, but a new report shows some areas in the U.S. are seeing an increase in inventory. Realtor.com released its Monthly Housing Trend report for July 2018, and according

4 tips to help clients choose the right contractor for home remodels

As much as we like to talk about “curb appeal”, the interior design of a home is just as important to buyers and sellers. For sellers, a home’s design needs to be inviting, warm, and reflect what buyers are

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