News / Features

Massachusetts pending home sales up in February

The number of pending home sales increased from February 2017 to this February, according to the latest report from the Massachusetts Association of Realtors, marking the ninth increase in the past 12 months. In February 2018, there were 3,981 pending

Millennials remain the most active buying generation for fifth consecutive year

Despite low inventory and rising housing costs, home purchases by millennials grew last year, marking the fifth consecutive year they’ve been the most active generation of buyers, according to a recent study from the National Association of Realtors. The 2018

Bushari Team joins Compass

From its founding in 2008 to the time of its January acquisition by Compass, Boston’s Bushari Real Estate had grown to 45 agents and more than $1 billion in sales volume. Now, Elad and Mara Bushari, the founders of

National mortgage rates on the rise, could impact housing prices

Years of historically affordable mortgage rates could come to an end as rates rise and are expected to escalate even further throughout 2018. So far, mortgage rates have increased nearly 50 basis points since the beginning of this year,

Real Estate in Brief: NAR supports proposed association health plan rule

The National Association of Realtors has expressed support for a new regulation proposed by the U.S. Department of Labor that would expand the definition of “employer” to encompass “working owners” and could result in trade associations like NAR being able

2017’s first-time homebuyer market was strongest since 2006

In 2017, more than 2 million new or existing homes were purchased by first-time homebuyers, according to the First-Time Homebuyer Market Report from Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. The report, which measured data from the

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This Week in Boston Real Estate: West Roxbury shoutout, Allston roof farm and more

It’s no secret that the cost of living in Boston is high, but there are still pockets where residents enjoy can enjoy relative affordability in other costs. In a recent report, Trulia highlighted West Roxbury as one such area,

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Boston developers may have to increase focus on affordable housing

The city of Boston continues to grapple with a well-documented low housing inventory crisis — especially that of affordable units — and Mayor Martin J. Walsh has announced a number of initiatives to address the issue. His latest would

Hispanic homeownership continues five-year growth streak in 2017

In recent years, Hispanics have accounted for more of the U.S. population growth than any other race or ethnicity, and they’re having a huge effect on the country’s housing market. According to a new report from the Hispanic Wealth

Despite costs, millennials gravitate toward large cities

Millennials are flocking to tech hubs and cultural hot spots in search a good time and promising earning potential. In a recent analysis, the data team at realtor.com found that millennials are willing to bear the extra expenses of

ValueInsured report: Millennials want to buy homes, but worry about finances

A majority of millennials wish to someday own a home, but are unsure if their dream will become a reality, according to a recent survey by ValueInsured. The Modern Homebuyer Survey found that the desire to own a home among millennials

Berkshire Hathaway HomeServices adds first international franchisee

Warren Buffett’s real estate company, Berkshire Hathaway HomeServices, announced on March 5 its purchase of Berlin-based Rubina Real Estate GmbH, which marks its first international franchisee. The German company, which is led by Carstein Heinreich, will change its name in

RE/MAX Leading Edge set to launch relocation division

RE/MAX Leading Edge in Winchester, Massachusetts, will launch a new relocation division, which will be led by veteran Ann Anderson. “Ann brings 22 years of real estate and relocation experience,” said Paul Mydelski, founder and chairman at RE/MAX Leading

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Real Estate in Brief: Dodd-Frank rewrite set for Senate vote

A Dodd-Frank rewrite is headed to the U.S. Senate floor for a vote, according to Bloomberg. The Economic Growth, Regulatory Relief and Consumer Protection Act would roll back or eliminate parts of the Dodd-Frank Act, including relieving smaller lenders

Survey: Agents sound off on new construction
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6 new residential developments rising in Boston area

Boulevard. From developer New Boston Ventures, Boulevard, on the Rose Kennedy Greenway in downtown Boston, was topped off on Feb. 13. The 36-unit condo development is set to be delivered in August. Boston Mayor Martin J. Walsh was in attendance

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