News / Features

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Housing construction up in Boston, but still lagging long term

Dodge Data & Analytics released new statistics on money spent on new Boston construction Thursday. The report considered all May 2017 constructions starts in the Boston area. There was an 89 percent increase for nonresidential construction starts between May of this

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More and more people are bidding on homes they haven’t seen

Those looking to buy homes in this market have little time to ponder if they want an available home. In fact, more and more people are bidding on a home without even seeing it in person, according to a

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Renters don’t believe it’s a good time to buy, report says

America’s housing market might be notably stronger than it was when the recession hit nearly a decade ago, but not everyone is ready to jump back into buying. Despite wanting to purchase a house of their own one day,

The average millennial needs to save for 18 years to afford a home in Boston, study says

As millennials have aged into the largest homebuying population in the country, economists and real estate experts have spent considerable time figuring out why the group is slow to buy homes. Millennial spending habits have been blamed, as has

Potential homebuyers could crowdfund their future homes

Fundrise, a Washington D.C. managing company, created a way for prospective homebuyers to crowdfund their future homes. Public investors buy shares in an “eFund,” a limited liability company that develops housing in the city. Investors must make a minimum

Home price index hit five-month record high

Home prices rose across the country, according to a report released Tuesday. S&P Dow Jones Indices announced the positive results of the S&P CoreLogic Case-Shiller Indices which measures U.S. home prices. The U.S. National Home Price NSA (non-seasonally-adjusted) index showed

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Homeowners believe it is a good time to sell. Why won’t they?

Market factors indicate that it’s a seller’s market, yet the number of homes for sale is at a record low. Now, an overwhelming percentage of homeowners believe it is a good time to sell, leading some to conclude that

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Report: Boston residents unhappy about housing costs

Bostonians are not pleased with how much housing costs in the city, according to a new report by the Boston Globe. The Globe partnered with Suffolk University to survey residents on housing issues in the area. Survey respondents were

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Trump tax plan targets loophole that spurs property investment, critics say

The Trump administration’s tax reform plan could have a negative effect on homeowners, but another key piece of the policy may especially hurt property investors. Though some experts have thrown cold water on the idea of a major tax overhaul

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National housing inventory drops at fastest rate in four years, study says

Low housing inventory has troubled buyers since the end of the recession, and it doesn’t seem to be getting any easier to beat out the competition for a purchase. In fact, the number of homes for sale has now dropped more quickly

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Boston named one of the most adventurous cities in America

Much to the surprise of potential buyers, many of America’s largest cities boast a variety of ways for residents to stay active and explore — especially cities like Boston. In fact, Men’s Health named Boston the eighth most adventurous

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Tear-down starts increase to meet demand for smaller, more affordable homes

Tear-down starts are increasing to meet the rising demand for new single-family units, according to a new report from The National Association of Home Builders. The NAHB and Wells Fargo used their February 2017 Housing Market Index to track the

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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