News / Features

Social media sparks millennial interest in homebuying

Of the many factors prompting homeownership, one particular catalyst that encourages millennials to delve into real estate is social media. In surveys that compare social media’s influence on millennial first-time homebuyers to all first-time homebuyers (of which millennials make

Statewide pending sales increase with prices

Both pending home sales and median prices increased in March as hopeful homebuyers snatched up the few homes on the market, according to a new report from the Massachusetts Association of Realtors. The number of pending homes for sale

William Raveis takes on new role: Official Realtor of the Boston Red Sox

There aren’t many things in this city coveted more than the Boston Red Sox. Just ask William Raveis Real Estate, Mortgage and Insurance (WRRE), which is relishing its new status as the first Official Realtor of the Boston Red

NAR pauses rebranding rollout due to member feedback

Upon this week’s announcement of a new logo for the first time in 45 years, the National Association began to hear backlash from its members. Many agents around the country not only disliked the design but were confounded by

Century 21 Cahill Associates appoints new owner and managing broker

Century 21 Cahill Associates in Dorchester recently announced that David Cahill will take over as owner and managing broker for the company following the retirement of his mother, Karin. Cahill has nearly 15 years of professional experience and has been the

Home prices across the country already beating last year’s highs

Home prices across the country are heating up faster than the temperature as the spring market gets underway. According to realtor.com’s March 2018 monthly housing trend report, the U.S. median listing price for a home was $280,000 last month,

Real Estate in Brief: CoreLogic Home Price Index reveals home prices increase and more

The latest Home Price Index from CoreLogic reveals that U.S. home prices increased for the seventh consecutive month in February, up 6.7 percent from February 2017 and 1 percent from January 2018. CoreLogic’s HPI Forecast predicts that U.S. home prices

Rising interest rates and home prices hit home-searching millennials hardest

Interest rates and prices are steadily rising across the housing market, leaving millennials are more likely than their generational counterparts to change the type of homes they’re willing to purchase. According to data found from a survey conducted by

Multigenerational households gain popularity in the US

The percentage of Americans living in multigenerational households is at its highest since the 1950s. Using data from 2016, Pew Research Center estimated that 64 million people — or 20 percent of the U.S. population — live in a house

NAR unveils new ‘multi-dimensional’ look

After 45 years, the National Association of Realtors’ familiar logo is on the way out in favor of a refreshed new look that the organization hopes symbolizes its focus on the future. The new logo — featuring a 3-D

How agents succeed in the luxury specialty

Real estate agents in Boston have seen the luxury market grow from one that was always competitive nationally to a global market attracting wealthy international buyers willing to pay prices like those seen in New York and San Francisco.

This Week in Boston Real Estate: Potential ferry launch, Amazon progress and more

A new ferry from Lovejoy Wharf near North Station to Seaport could take to the water in the fall in an effort to reduce street congestion and ease commutes, the Boston Herald reported. A group of private companies and

Listing descriptions can increase sales price by up to 29 percent

When looking for a new home, many buyers have specific amenities and features on their wishlists, ranging anywhere from state-of-the-art kitchen appliances to solar panels and other green features. These amenities aren’t just important for buyers — they can

Lack of new-home sales fuels amped-up spring competition

Buyers can expect the coming months to be the most competitive buying season in years, largely because not enough new homes were sold this winter to quell the demand, according to a new report from realtor.com. About 618,000 newly constructed

How different generations rely on agents during homebuying process

Of all the tools available to potential homebuyers, members of the millennial and baby boomer generations cite their real estate agent as their most-relied upon resource while searching for a new home, according to a recent survey by Owners.com.

MLS Grid officially launches new service to unify MLS feeds

MLS Grid, a platform that allows real estate brokers and their vendors access data from multiple listing services free of typical barriers, recently made its debut in Chicago with plans to expand nationwide. Now, more than 200,000 real estate

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