News / Features

Majority of Americans say cost is top barrier to homeownership

As home prices continue to rise nationally month after month, affordability is a major concern for people across the country. Rising costs are making it more difficult for many potential homeowners to find quality homes with an affordable mortgage. According to a

The best places to raise a family in Massachusetts

Massachusetts ranks as the No. 6 best state to raise a family, but some places in the state are better places to raise a family than others. Wallethub.com recently released its list of most family friendly cities in Massachusetts,

National median home sales price hit record highs, NAR reports

The median sales price hit a new high while the median days on market hit a new low, according to the National Association of Realtors. Total existing home sales increased 1.1 percent from April to a seasonally adjusted annual

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Boston is adding million-dollar homes faster than most U.S. cities, report says

Boston is one of the cities leading the growth in million-dollar listings, having added the seventh-most million-dollar homes for sale since 2014, according to Realtor.com. Housing prices are spiking nationwide, making it so that a million-dollar home is no

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Boston is one of the worst cities for small-time property investors

In the overwhelming majority of cities, investors can buy an average home and reasonably expect to make a profit while renting it out. That’s not the case in Boston, however. Boston is just one of 10 cities in the

The best Boston neighborhoods for the value

Trulia released a list of America’s best value neighborhoods Friday that detailed the 100 biggest metros’ values. Trulia’s list considered first-time buyers and where in the country they could get the best value for their money. Neighborhoods were not just

Sales speed, competition hit record highs in May

Last month’s buyers faced one of the most competitive markets to date, according to Redfin’s May 2017 housing market report. As homes flew off the market and supply continued to decrease, speed of home sales and buyer competition hit

Nationwide, 4.6 million new apartments needed by 2030 to keep up with demand

Apartment demand is already tight in many cities across the country, and without an increase of inventory, it may become more difficult to find affordable market-based housing options. A new study from the Hoyt Advisory Services and commissioned by

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The 10 issues impacting agents the most this year, according to CRE

Real estate agents are concerned that political uncertainty and the disruptive nature of new technology will affect their business this year, according to the Counselors of Real Estate (CRE). CRE unveiled its 2017-2018 Top Ten Issues Affect Real Estate

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Homes sales, prices continue rising in Massachusetts

The volume of sales and the median sales price have increased significantly for both single-family homes and condos in May throughout the state, according to the Massachusetts Association of Realtors (MAR). Sales of single-family homes topped 7,280 in May,

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Mortgage delinquencies hit 10 year low

The number of people who are late or behind on their mortgage is at the lowest rate in 10 years. According to CoreLogic’s monthly Loan Performance Insights Report released Tuesday, 4.4 percent of mortgages nationwide were delinquent, compared with 5.2

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The McMansion is falling out of favor with homebuyers

As millennials increasingly warm to the idea of homeownership and Baby Boomers begin thinking about selling their homes, one wrinkle in the homebuying cycle has appeared: no one wants to buy McMansions. What is now a staple of suburban

5 reasons for a declining homeownership rate

Rosen Consulting Group (RCG) partnered with the National Association of Realtors and found five reasons for the United States’ declining homeownership rate, according to research released recently. RCG found post-foreclosure stress disorder, mortgage availability, student loan debt, single-family housing

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Here’s how long it takes Boston homeowners to break even on their purchase

Now more than ever, residents of large American cities face a conundrum when deciding whether to rent or buy. Renting is increasingly popular in major markets as housing prices in these desirable areas keep creeping up. Now, Zillow has

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Boston rent prices are actually dropping, study says

Boston might be the third most expensive housing market in the country, but average rent prices in the area have actually begun to trend downward. According to a recent RENTCafé report, Boston has now been closely following a nationwide trend

Consumers believe it is a sellers market, survey says

Fannie Mae’s Home Purchase Sentiment Index (HPSI) saw a slight drop of .05 percentage points to 86.2, according to the National Housing Survey report for May 2017. This drop is due to decreases in three categories being larger on-net

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