News / Features

Home builders group changes stance on GOP tax plan

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

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U.S. homes shrinking while prices remain the same

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

This Week in Boston Real Estate: Boston’s Amazon chances are ‘pretty good’ and more

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”

NAR reports increase in buyer, seller confidence

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

Residential building starts fall in September

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

New app to boost agent safety would ‘Forewarn’ of potential risks

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

Report: Massachusetts remains a seller’s market

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

Lenders, agents trump online sources as top mortgage influencers

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

NAR invests in new e-closing platform

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,

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How many working hours does it take to buy a home?

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

Home sales decline for third consecutive month, while prices rise

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

Medford climbs ranks of hot U.S. neighborhoods

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

With Boston prices running the gamut, how do agents cater to clients?

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

10 spookiest street names in the Boston area

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

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Rising sea levels pose biggest threat to owners of less-expensive homes

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

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Suburban rules: Majority of new homes built in community association

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