News / Features

National home values surpass pre-recession peak, study says

It took a decade to get there, but the average United States house is now worth more than it was when the median home value hit its peak right before the recession. According to Zillow’s April market report, April

Existing home sales fall in April due to low supply

Low inventory led to decreasing existing home sales and days on market in April, according to the National Association of Realtors. The median days on market also declined, reaching a new low of 29 days. Total existing home sales,

New home sizes shrink as demand for entry-level homes increases

After the 2009 recession, single-family home sizes have been increasing. But lately, that trend has been changing as builders are capitalizing on the demand for starter homes, according to the National Association of Home Builders. The median single-family square

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Trump’s tax plan a ‘non-starter’ for homeowners, NAR says

Though it would keep in place mortgage interest deductions, changes to the federal tax code proposed by President Donald Trump would hurt homeowners and the real estate industry, according to the National Association of Realtors. NAR commissioned PricewaterhouseCoopers to

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Suburban Boston rents rising faster than city rents, study shows

As urban areas become more unaffordable, more and more residents are turning to suburbs not only to buy but to rent, according to a new study by Zillow. For the first time in four years, suburban rents are rising

Zillow’s ‘Zestimate’ facing class-action lawsuit

The Zestimate, Zillow’s algorithm-based property estimate tool, has long been a source of frustration for agents and those listing their homes. Now, the feature on Zillow’s popular website has officially come under fire, as two lawsuits against the online

Homes are selling faster than ever as inventory tightens

Demand for homes continues to grow as houses are selling faster than every before, according to Redfin. Typical homes went under contract in 40 days in April, 10 days faster than the previous year, making April Redfin’s fastest month on

Townhouse construction grows to help meet starter home demand

Despite a recent lull in growth, townhouse construction proves to be a crucial part of the entry-level housing market. In fact, a recent report by the National Association of Homebuyers predicts construction of this type of home will increase

Most homebuyers don’t believe in a “forever home”

The concept of a forever home – a single place that will last throughout a person’s life – is a dying idea to most people, according to Taylor Morrison’s 2017 Consumer Survey. The survey looked at 1,000 adults who

Total household debt in first quarter passes pre-recession peak

Total household debt reached $12.73 trillion in the first quarter of 2017, which is above the 2008 peak before the housing market crash and economic downturn, according to new data from the Federal Reserve Bank of New York. However,

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Why a 20 percent down payment is so important in Boston

Boston residents and those looking to move there already know that it is difficult to find affordable housing in the area. And because housing is so expensive, being able to put 20 percent down on a home could be

Boston once again ranked the most energy efficient city

For the third consecutive year, Boston has been named the most energy efficient city in the county, according to the American Council for an Energy-Efficient Economy. Cities were evaluated on what actions they are taking to reduce energy use

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Boston housing market moving in luxurious direction

A major construction boom underway in Boston could change the face of housing in the area for years to come. That’s according to a Wall Street Journal report on the state of the real estate market in Boston, where

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Three masterplan community trends that are attracting new residents

Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their

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Metro home prices accelerated for third consecutive quarter

Metro homes saw the strongest quarterly sales pace in a decade, which put pressure on existing inventory levels and led to the third consecutive quarter of accelerated home prices, according to the latest quarterly report by the National Association

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Boston a good market for college grads despite expensive housing

Boston’s job market is favorable to recent college graduates – if they can stomach local housing costs. That’s according to a new study by Trulia, which looked at which markets were most favorable for job-searching young people and which

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