News / Features

Luxury home sales increase to close out 2017

In its latest luxury market report, Redfin found that luxury home prices in the U.S. rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017. The analysis tracked home sales in over 1,000

Millennials face implications in the housing market

Several long-term economic factors, including the explosion of student debt, are making homeownership a distant goal for most millennials. In a new Apartment List report, a renter survey that elicited responses from more than 11,000 millennials across the United States,

Despite decline in December, 2017 still the best year for home sales in 11 years

Although most of the country experienced a decline in existing home sales in December, 2017 overall was the best year for sales in 11 years. They were up 1.1 percent from 2016, according to a recent report from the National

Mortgage industry top originator Risha Kilaru joins Guaranteed Rate

  With 11 years of mortgage lending experience, top loan originator Risha Kilaru has joined Guaranteed Rate as Vice President of Mortgage Lending in California. Kilaru originated over $700 million in the last three years, including more than $268

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Prices up in Massachusetts as market continues to grapple with tight inventory

Home inventory in Massachusetts dropped to a record low in December to close out 2017, forcing the number of sales down but median prices up, according to a new report from the Massachusetts Association of Realtors. The number of single-family

Buying a home more affordable than renting in over half of US housing markets

ATTOM Data Solutions released its 2018 Rental Affordability Report, which showed that buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 U.S. counties analyzed. The analysis included recently released fair market rent

Rich, saturated colors and mixed metals among the top home design trends in 2018

Expect urban farmhouse designs, fashion-influenced trends, mixed metals and richly saturated colors to make a splash this year. Angela Nuessle, director at Pulte Homes National Interior Design, recently revealed the latest design and décor trends that are sure to be

UK buyers eager to join Boston’s homeowner ranks

An international city with broad appeal in terms of education and job opportunities, Boston is an attractive destination for foreign buyers who want to relocate to the United States. A new study shows that its desirability is increasing among

Income growth in 2018 not enough to keep pace with increasing home prices

In 2018, home sales, housing construction and house prices are all likely to increase modestly, according to Freddie Mac’s January 2018 Outlook. Home sales are forecasted to reach 6.35 million in 2018, up slightly from 6.17 million in 2017.

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Short-term rentals in the hot seat as Boston seeks to boost inventory

Boston Mayor Martin J. Walsh recently proposed limits on how often landlords can make units available for short-term stays through services like Airbnb in an effort to loosen up the city’s rental market. The limitations would set up a

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December mortgage applications jump nearly 8 percent

A new report from the Mortgage Bankers Association shows that mortgage applications in 2017 increased 7.1 percent from 2016, including a 7.8 percent hike in December to close out the year. “After playing catchup for two months following the

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This Week in Boston Real Estate: Coldwell Banker acquisition, big Fisher Hill sale and more

Coldwell Banker Residential Brokerage on Jan. 18 acquired Newton Centre-based Edna Kranz Realty Inc., which has served Newton Hill and Chestnut for more than 20 years. The deal includes about 20 real estate agents who will now be based

Compass acquires Bushari Real Estate

On the heels of a recent $450 million investment, Compass acquired Boston-based Bushari Real Estate on Jan. 18 in an effort to expand its reach in the city. Bushari, known for its innovation with digital marketing, is a natural

Zillow: Crisis-level inventory shortage plagues US housing market

Home shoppers looking to buy in 2018 will have 10 percent fewer homes to choose from than a year ago, according to the December Zillow Real Estate Market Report. The for-sale inventory across the nation has been falling on

Boston makes it to the second round for Amazon’s HQ2

Amazon announced on Thursday that it has narrowed its list potential sites for its second headquarters to 20 cities, and Boston is on the list. The company received proposals from 238 locations that were hoping to woo the ecommerce

RE/MAX: 2017 closes with record-high home prices and low inventory

2017 ended as a seller’s market, with rising home prices and low housing inventory greeting homebuyers across the nation. According to the latest RE/MAX’s National Housing Report, home prices hit record highs in December 2017. The median home price