News / Features

Guaranteed Rate adds two to senior executive team

Guaranteed Rate has added two new members to its senior executive team, appointing Steve Moffat as chief marketing officer and Brendan Noonan as chief brand officer. “Steve and Brendan both have a depth of experience driving the growth, visibility

Boston-area mayors announce new initiative on affordable housing

The leaders of 14 towns and cities included in the Metropolitan Mayors Coalition of Greater Boston recently revealed a plan to address the region’s well-documented affordable housing issue. The leaders will set new goals for regional housing production and

How the tax reform impacts Massachusetts homeowners

As Congress works on creating a new tax bill, the National Association of Realtors (NAR) has been vocal about the ways in which the proposals would affect homeowners, home prices and the real estate industry as a whole. However,

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Boston home prices surge 7 percent in October

Home prices in the Boston metropolitan area had a year-over-year increase of 7 percent in October, keeping in line with national home prices, which also increased 7 percent, according to the recent CoreLogic Home Price Index. The national increase

Zillow: Homeowners spend less of their income on mortgage payments than they did historically

New research from Zillow shows that mortgage payments today are consuming a smaller percentage of the average homeowner’s income than they did historically. The typical homeowner saves roughly $3,3oo annually on mortgage payments, compared to how much it would

Explore Bitcoin’s emergence in real estate with Miami Agent magazine

Buying or selling a piece of property is a huge milestone in anyone’s lives — one that typically involves one of two payment options: taking out a mortgage loan or, less common, purchasing outright with cash. However, there’s a

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U.S. construction sees strongest growth in five months

Construction spending in the U.S. rose 1.4 percent in October, increasing across all significant building categories and marking the strongest boost in five months. The Commerce Department said the October increase in U.S. construction spending represents the third consecutive

NAR, NAHB diverge on Senate tax bill

The U.S. Senate on Dec. 2 passed its version of the Tax Cuts and Jobs Act, spurring the National Association of Realtors and the National Association of Home Builders to weigh the bill’s effects on the housing industry. Both

This Week in Boston Real Estate: Seaport Square library, Allston-Brighton transformation and more

Some Massachusetts legislators are calling for Seaport Square, which will fill the final 12.5 acres of the Seaport District, to have a Boston Public Library branch. The development is already stacked, with 3.2 million square feet of residential space;

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Redfin: Housing demand slid in October

The U.S. housing market experienced a 1.7 percent drop in demand from September to October this year, according to the latest Redfin Demand Index, which is calculated by measuring home tour requests and writing offers of thousands of Redfin customers.

U.S. pending home sales bounce back in October after three-month decline

October’s pending home sales rebounded slightly after a three-month decline, according to the latest report from the National Association of Realtors. The Pending Home Sales Index rose 3.5 percent from 105.6 in September to 109.3 in October. This is

Freddie Mac: Housing market on track for best year in a decade

With 2018 right around the corner, Freddie Mac released its report card for 2017, that while the economy is marked by robust job growth and low inflation, the housing market has had some hiccups this summer and fall, largely due

Century 21 Real Estate launches new recruiting campaign

Century 21 Real Estate, franchisor of the Century 21 brand, has announced the launch of a new recruiting platform that targets “entrepreneurial-minded self-starters, doers and workhorses,” according to the company’s press release. The campaign includes audio streaming and social

Report: Not enough housing being built in Boston suburbs

Despite the increased effort in Boston not only to build more housing units in general, but affordable ones to boot, the suburbs aren’t demonstrating equal commitment, according to the Boston Foundation’s Greater Housing Report Card, which highlights the city’s

Demand for Massachusetts housing remains ‘consistently strong’

The Massachusetts housing market showed no signs of slowdown in October despite the nearing holidays and typical seasonal slowdown. While the small inventory of homes is pushing prices upward, the number of closed single-family home sales increased 5.9 percent

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Construction making its highest contribution to economy in seven years

In 2016, the construction industry made its highest contribution to the U.S. economy in seven years. A recent report from the American Builders and Contractors (ABC) shows that investment in construction is up nationwide. The report showed that in

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