News / Features

Real Estate in Brief: Affordable 3-D printed home makes its debut at SXSW

Source: ICON A Texas-based startup is attempting to tackle the affordable housing issue with a 3-D printed house. ICON unveiled its 650-square-foot 3-D printed house at SXSW 2018. The house would be made of cement and take up to

Qualia’s home-closing platform expands industry reach

Closing is often one of the hardest parts of the home purchasing and selling process due to the difficult process of getting all involved parties on the same page at the same time. Qualia, a web-based software platform, aims

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This Week in Boston Real Estate: What’s the Boston area’s top home sale of the week?

This week’s top Boston area sale belongs to a 10,000-square-foot Colonial located in Weston that sold for $5.345 million, according to the Boston Globe. The four-story home has six bedrooms, seven full baths and two half baths, as well as

Many millennials rely on family support to buy first home

The real estate market has shown home price increases continue to outpace income growth, so it comes as no surprise that millennials are willing to accept financial assistance to achieve their American Dream. A new Apartment List report found that 17.1

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