News / Features

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Young adults post best gains in Q2 US homeownership rate

The U.S. Census Bureau’s latest report on the national homeownership rate updated through the second quarter of 2018 showed no statistically significant change in the figure from the previous quarter or the same time last year. The rate stood

Real Estate in Brief: More first-time homebuyers, satisfaction with mortgage originators and more

In the second quarter of 2018, fewer people said they plan to buy a home in the next 12 months than recorded in previous quarters, according to the National Association of Builders Housing Trends Report. Just 14 percent of

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Pending home sales up with supply increasing across the nation

The worst of 2018’s inventory crunch may be coming to an end, according to recent data from the NAR’s pending home sales report. Nationally, the pending home sales index (PHSI) saw a 0.9 percent uptick in June, jumping from

Massachusetts ranked first among public school systems in the country

Among all 50 states and the District of Columbia, Massachusetts was ranked first among all public school systems in the country, according to a study by WalletHub. The study was conducted to rank all states according to their pubic

NAR reports a decrease in international home sales

The housing market’s low supply and high prices have been affecting residents across the nation for a while, but now experts are starting to see these trends harm international home purchases in the U.S. According to a news report,

This Week in Boston Real Estate: Home equity investing, Mortgage Network adds a fresh face and more

Home equity investment platform Hometap recently announced that its home equity product is now available to qualified homeowners in Massachusetts, giving them access to cash for equity they have accumulated without getting a loan. This “equity sharing” service is

East Boston residents want city to curb development

In the midst of Boston’s real estate boom, East Boston has become one of the most attractive areas of the city for homebuyers, renters and developers. Rising prices and rents have followed, not to mention more traffic and construction

House passes National Flood Insurance Program extension

The House of Representatives passed a bill to extend the National Flood Insurance Program for another month. But with less than one week until the current program is set to expire, it’s up to the Senate to pass the

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How much school districts matter to new homebuyers

Many homebuyers are willing to compromise on almost anything except location. But according to new survey data from realtor.com, “location” has become synonymous with school district. Of all successful buyers surveyed, 73 percent say school boundaries are “important” to

June 2018 Realtors Confidence Index: Quicker sales, higher prices

The June 2018 Realtors Confidence Index Survey is in, which analyzed the characteristics of buyers and sellers last month as well as issues that affect homeownership and real estate transactions based on the responses of 50,000 Realtors. Overall, the report

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A 15 minute commute could save Boston homeowners thousands of dollars

Living within a close proximity to work has its advantages; no rush-hour traffic, lower commuting cost and proximity to downtown amenities. But according to a recent analysis of Zillow home value data and HERE Technologies commuting data, moving as

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Boston, statewide home sales post gains in June

Last month was the fifth-best June on record for home sales in the Boston area, according to data released by the Greater Boston Association of Realtors (GBAR). With 1,822 single-family homes and condo units sold, the month marked a

Boston housing market ranked among nation’s most competitive

  Redfin unveiled a new metric, the Redfin Compete Score, which ranks cities based on how competitive the homebuying market is in that area. The scale ranges from not very competitive, where multiple offers are rare and homes take

Single-family starts in 2017 were under pre-recession levels

There was an increase in single-family home starts in 2017 compared to the year prior, but the national average still fell short of normal levels seen before the recession. The 2017 Survey of Construction, released by the National Association

Realtor.com report ranks most profitable housing markets

Buying a home has always been considered a sure way to increase one’s wealth, but the recent state of the housing market leaves some people hesitant to purchase a home due to persistently high prices. Over the long term,

Fannie, Freddie will not update credit score models in 2018

The Federal Housing Finance Agency (FHFA), which acts as the chief regulatory authority for government-sponsored mortgage finance firms Fannie Mae and Freddie Mac, announced it was no longer pursuing an effort to update the credit scoring models used to

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