News / Features

How millennial buyers drive the housing market

As millennials begin to enter the housing market, they are becoming the driving force, with millennial buyers making up 42 percent of it. MetroStudy partnered with Zillow to discover and analyze trends in the housing market among the millennial

More homeowners are investing in renovations to help boost resale value

The most popular home renovation projects, like kitchen and bathroom remodels, are the ones that contribute the most to a home’s increased resale value. In fact, two-thirds of renovating homeowners are focused on increasing home resale value, according to

US home sellers earned an average of $39,000 in 2017

The average home sale in 2017 generated roughly a $39,000 profit for the sellers, based on recent sales price data as well as historical home prices from Zillow. But after accounting for inflation over the typical time between sales

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Boston-area home sales fall on short inventory

The latest monthly report on the Boston housing market from the Greater Boston Association of Realtors found that persistently low inventory of available housing stock once again depressed sales while sending prices to new highs. Single-family home sales fell

Pending home sales continue to fall in May

For the fifth straight month, pending home sales have fallen, down 2.2 percent from last year, according to the National Association of Realtors (NAR). Pending home sales in May decreased 0.5 percent to 105.9 from 106.4 last month. The reason

Economic outlook shows optimism in housing market

The majority of Americans are still feeling good about the housing market, according to the National Association of Realtors’ Housing Opportunities and Market Experience survey for the second quarter of 2018. The HOME survey found that 68 percent of Americans

Green Line extension officially underway with federal support

After years of planning and numerous setbacks, Boston-area residents waiting on a much-anticipated expansion of public transit services finally saw a glimmer of progress. With public officials on hand for a shovel-wielding photo-op, workers broke ground on the MBTA’s

See which paint colors can help boost sales prices

Choosing paint colors is perfect way to reflect your style onto your home. But, when it comes time to sell, the colors you chose may not appeal to potential buyers. Zillow is here to help with their 2018 Paint

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Household wealth at all-time high thanks to rising home values

American household wealth is the highest it has ever been at $101 trillion, according to the Federal Reserve 2018 Q1 release, an approximate $1 trillion increase from last quarter. Reports show that the significant increase in household wealth is

Urban growth rate catching up to the suburbs

Contrary to previous housing trends, urban neighborhoods have seen an increasingly fast growth rate, comparing closely with the rate at which suburban areas are growing, according to a study by the Urban Land Institute. The report analyzes different types

Real Estate in Brief: ShowingTime reports slowdown in showings, eXp Realty expands and more

The May 2018 ShowingTime Showing Index report was recently released, which analyzed the traffic per residential property for sale by agents and brokers. A higher number means that an average home saw more visits from potential buyers this month.

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Report: East Boston asking prices approach $500 per square foot

A new report from real estate analytics firm NeighborhoodX took a look at home prices in East Boston, an area that’s seen as up-and-coming in the local market. Based on market-rate listings collected by NeighborhoodX in the last month,

Boston neighborhood named one of America’s 10 most expensive

Beacon Hill, Massachusetts was named the seventh-most expensive neighborhood to live, according to a ranking by Realtor.com. With an average listing price of $3.1 million, it is known as one of America’s most prestigious neighborhoods. Former Secretary of State

2018 Boston Agents’ Choice Awards Finalists – Revealed!

We had a strong roster of Agents’ Choice nominees this year, with thousands of votes cast by Boston-area real estate professionals. Below are the finalists for each category listed in alphabetical order. Stay tuned for our announcement of the

What Americans want in their dream home

A recent survey by Northshore Fireplace aimed to find out exactly what Americans would want in their ultimate dream home. Among those surveyed, the most important component of an American dream home was a view with peace and quiet. Americans

This Week in Boston Real Estate: Preserving canopies, Boston millionaires and more

Cambridge residents may soon need permits to cut down trees. According to Curbed Boston, City Council member Quinton Zondervan believes Cambridge should  change local ordinance so private property owners are required to have a permit to cut down healthy

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