News / Features

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Boston home prices continue to increase in June

According to the CoreLogic June Home Price Index, home prices in Boston have increased on both a year-over-year and month-over-month basis. From June 2016 to June 2017, home prices saw a 6.6 percent increase in the MSA and a 0.5

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Massachusetts tops list of best public school systems

A recent WalletHub study of the best and worst public school systems found Massachusetts at No. 1 overall, coming in on top for safety, quality, and math and reading scores. The state’s total score was 78.16, far outpacing the list’s No.

The Beverly
Applications now open for Boston’s largest workforce, affordable housing development

Those hoping to snag property in Boston’s competitive and pricey market might be in luck. According to a recent Curbed report, developer Related Beal has opened applications for an assortment of new workforce and affordable housing units in the

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Report reveals ways to satisfy first-time homebuyers and sellers

The recent J.D. Power 2017 Home Buyer/Seller Satisfaction Survey shows there are key things real estate agents can do to make first-time homebuyers and sellers more confident throughout the process. And with recent upticks in home sales – which

Multigenerational homes becoming more popular for aging buyers, report says

As inventory tightens and Baby Boomers begin to age, more Americans are turning to multigenerational homebuying. According to the reNEWable Living Home survey conducted by BUILDER, multigenerational homes have proven to be easier on the wallet while also allowing buyers to

Homeowners saw an average price gain of $51,000 in Q2

According to the Q2 2017 U.S. Home Sales Report from ATTOM Data Solutions, homeowners who sold their homes in the second quarter saw an average price gain of $51,000 since their purchase. This is the highest price gain for

Black, Hispanic homeowners hit the hardest by the housing collapse

One of the main ways for people to gain wealth is through real estate. When the housing market collapsed in 2007, homeowners’ equity (HOE) dropped significantly for everyone. But according to a new report from the Federal Reserve Bank of

Not just millennials: Baby boomers want walkable neighborhoods too, study says

Millennials are known for their desire to live in cities with busy nightlife and easy access to outdoor activities. But this need doesn’t only apply to Generation Y — it turns out baby boomers want walkability in their neighborhoods as

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Boston’s total construction rose in June, residential inventory still lagging

Boston’s construction starts rose last month overall, according to recent data from Dodge Data & Analytics. Despite this increase, however, Boston still lacks inventory when it comes to residential construction. The report considered all June 2017 construction starts in the

Boston home sales cooled slightly in June, reports says

Boston home sales remained relatively steady in June despite growing sales competition and lack of inventory. In fact, both single-family homes and condos actually saw a slight dip in sales year-over-year following a similar pattern in May, according to

In Massachusetts, it’s cheaper to own than rent a home

With rising home prices and high competition, many renters may think it is not worth it to switch over to homeownership. However, it is often better financially to own a home than to rent. GOBankingRates found that it is more

Existing homes sales down in June due to low inventory

Home sales decreased in June thanks to low housing supply, according to the National Association of Realtors. The Midwest was the only area nationally with increased sales last month. Total existing-home sales (completed transactions that include single-family homes, townhomes, condos

Renting out a spare bedroom can help millennials and benefit homeowners

Today’s housing market features a lot of demand with not enough supply. Millennials looking for housing options in popular metros have a hard time finding anything within budget and reason. One solution to this problem is what Trulia calls “boom-mates” or baby

Apartment construction is at a 20-year high, report finds

Demand for apartments is growing in most cities across the country, so it is no surprise that apartment construction is also on the rise. According to data from Yardi Matrix and Rent Café, apartment construction has reached a 20-year

National median home value passes $200,000 for the first time, study says

The typical U.S. home is now worth more than $200,000 for the first time in history, according to the June Zillow market report. The national median home value now sits at $200,400. This number is a notable 7.4-percent increase from

Americans prefer real estate for long-term investing

Real estate is the preferred form of long-term investment, according to a new Bankrate report. This is the third straight year that real estate came out on top in this annual survey. The report found that 28 percent of U.S.

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