News / Features
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
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
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
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
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
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
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
Fannie Mae named Hugh Frater as the interim CEO as Tim Mayopoulos announced he will step down Oct. 15. In July, Mayopoulos announced he would be leaving his position at the end of this year. Frater will serve as
New construction homes continue to attract buyers, with an estimated 38 percent of all buyers considering a newly constructed home over the past year, according to a report released by Zillow Group. However, only 11 percent purchased one. Zillow
The Federal Housing Administration (FHA) issued this Friday a new policy that will be implemented on Oct. 1, requiring second property appraisal on loans previously indicated by the FHA as potentially having inflated property valuation from reverse mortgage lenders.
Millennium Partners got confirmation to begin building its 691-foot, 1.6 million-square-foot condo and office tower at the site of the Winthrop Square Garage. On Sept. 27, Millennium Partners announced they had closed on a deal to purchase the garage
Great Spaces Real Estate in Dorchester recently announced they would be partnering with ERA Real Estate as an affiliate. As ERA partners with Great Spaces, the Dorchester brokerage said they will continue working closely with the community. For ERA, their
More national brokerages have announced plans to join other real estate firms like Zillow and Opendoor in piloting an instant-offer home listing service, often known as iBuying. On Sept. 25, Realogy, which owns major residential brokerages like Coldwell Banker,
The National Association of Realtors announced new additions to the senior leadership staff of its marketing and government affairs divisions. According to an Oct. 2 press release, the association named Victoria Gillespie as chief marketing and communications officer, effective immediately,
As home price growth slows, the percentage of homes that are going for above their asking price is decreasing. For the four weeks ending on September 23, Redfin found that only 22.9 percent of the homes sold for more than their asking
While housing is still affordable on a national level, growth in household income is decelerating while gender and racial gaps persists. A new study by Free and Clear looked at data provided by the Census Bureau’s 2017 household income report
