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The National Association of Home Builders announced on Oct. 30 that it does not support the forthcoming GOP tax plan, which would ax the mortgage interest tax deduction (MID), eliminating an estimated $80 billion in homeowner subsidies annually. Until
Home developers around the country are having to be more resourceful, as the amount of available land in the United States shrinks while builders require higher wages and the price of materials increase. The result, according to a recent
Like 237 other cities around the continent, Boston officially threw its hat into the ring this week to woo Amazon for the company’s second headquarters. A real estate expert recently told Bloomberg that the city’s chances are “pretty good”
The National Association of Realtors recently released its Realtors Confidence Index (RCI) to gauge Realtors’ feelings about the overall market, including local real estate market conditions, characteristics of buyers and sellers, and external factors affecting homeownership and sales. Overall, the confidence index
Fewer homes are being built in the Boston-Cambridge-Quincy MSA, but nonresidential buildings are seeing a surge in spending this year, according to Dodge Data & Analytics. Nonresidential construction starts soared in September, rising from $416.8 million last year to
Despite all the technology that’s involved in the real estate industry today, there still remains a human element that won’t be going away any time soon. House hunters and potential buyers can search for homes all they want, but
The summer buying season may be over, but homes around the state are a hot commodity. The low number of homes that actually are for sale are selling for higher prices and stay on the market for a shorter
The internet offers scores of tips and resources for finding a mortgage, but according to a recent survey conducted by Fannie Mae’s Economic & Strategic Research group, homebuyers feel more comfortable shopping for mortgages with assistance from specialists. According
In a survey of NAR members last year, more than 60 percent of Realtors said they’d had closing processes that were delayed or canceled because one of the parties couldn’t be physically present for the signing. As a result,
The ability to own your own home is a dream for most Americans, but depending on which part of the country you live in, that may require more working hours than in other locations. A recent report from How Much
For third month in a row, there was a decline in home sales in September. However, the average home sale price continues to rise. A recent Redfin report shows that in September, home sales fell by 8.1 percent — the
The 02155 ZIP code in Medford is the fourth-hottest in the country, according to a recent ranking from Realtor.com. Although the median home price in the ZIP, $541,000, was the second highest among the top 10, it’s average time
It’s no secret to agents, buyers and sellers in Boston that in the market, you get what you pay for. But how much exactly will you be paying? Recent data from NeighborhoodX shows that the cost per square footage
Nearly every kid has that creepy house at the end of the lane, the one all their friends would whisper about and race their bikes past. The one the neighborhood children would ding-dong ditch or dare each other to
It’s common knowledge that ships and boats can sink, but can you imagine a sunken community? A recent report revealed that $916 billion worth of U.S. homes could end up underwater due to the sea level increasing by just
A recent survey shows about six out of every 10 homes built in 2016 were built within homeowner’s or community associations. The U.S. Census Bureau’s Survey of Construction (SOC) defined homeowner’s associations as “formal legal entities created to maintain common
