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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.

Online searches for first-time buyer mortgages are at an all-time high

The process of buying a home can be extremely daunting, especially if it’s your first time doing it. Recently, Chase Home Lending and Google paired up to figure out how and what people are searching online about homeownership. The companies discovered people

Foreign investment in U.S. homes jumps 49 percent

The growth in sales dollar volume from Canadian buyers helped fuel foreign investments in U.S. residential real estate to a record high, according to a new report from the National Association of Realtors. The 2017 Profile of International Activity in

Redfin sets pricing for planned IPO

The online real estate brokerage Redfin announced the terms for its IPO, with shares expected to go on sale later this month or early August. Redfin plans to sell 9.23 million shares in the $12 to $14 per share

Gen X homeowners hardest hit by 2008 housing crash

The longer you own a home, the more equity you should gain. However, after the housing market crash, Gen X homeowners are still lagging behind in terms of gaining equity in their homes, according to the new Zillow Home Equity

Sellers: Stage your living room to help decrease a home’s market time

Taking the time to stage a home can make a significant difference in how long that home stays on sale, according to the National Association of Realtors’ 2017 Profile of Home Staging report. The report found that 62 percent of

Almost half of Americans have regrets about their homebuying process

Overall, Americans recognize the benefits of homeownership, but there are still some regrets about housing choices. According to Trulia, 44 percent of Americans have regrets about their current home or the homebuying process. This is down from 46 percent five

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