News / Features

Homeownership rate stabilizes, survey says

  In the first quarter of 2017, the homeownership rate was only slightly less than the previous quarter at 63.6 percent, remaining below the 27-year average rate of 66.1 percent, according to the Census Bureau’s Housing Vacancy Survey (HVS). Since the national

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Boston’s luxury markets are some of the best performing in the country

Boston’s luxury homes are seeing some of the biggest jumps in average sale price to start this year, making it one of the hottest luxury markets in the country, according to a recent study by Redfin. Redfin took a

Boston has some of the most loyal residents in the country

More than 9 out of 10 Boston residents say they want to stay in the area for the foreseeable future, making its residents the second-most loyal of any city in the country, according to a recent report by Redfin.com.

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Homes sold faster in March compared to the previous month and year

Properties, on average, remained on the market for 34 days in March 2017, a shorter amount of time compared to February 2017 (45 days) and March of last year (47 days), according to the National Association of Realtors’ monthly Confidence

Lexington ranked the best place to live in the state

Lexington has been ranked the No. 1 place to live in all of Massachusetts. Niche.com released its 2017 list of the best places to live in the state, considering the following attributes: education rate, cost of living, quality of

Low inventory led to cooling homebuyer demand in March

  The Redfin Housing Demand Index decreased in March to 108 from 123 in February, a 14 percent drop, according to Redfin’s latest report. Although the trend of homebuyer demand is cooling down from its record high of 132

Fannie Mae announces new programs to help borrowers with student loan debt

Fannie Mae announced a new student loan cash-out refinance program and policies to help borrowers who are burdened by student loan debt. There are three major policies and programs that will be implemented. Student Loan Cash-Out Refinance: Homeowners will

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The 5 Boston neighborhoods where home prices jumped the most this year

Like much of the country, Massachusetts is seeing a record number of home sales as well as rising home prices this spring. The state-wide tally of single-family homes sold in March surpassed any other March since 2006, with 3,943

Getting inside the head of this spring’s homebuyer

  The recently released Active Spring Home Shopper report from realtor.com dives into the mind of this spring’s cohort of homebuyers by breaking down their needs by age group. According to the report, privacy is the top reason out of 10 that

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Boston bringing broadband internet to 24 housing developments

  The city of Boston will spend $10 million to bring broadband internet to housing developments and other city buildings. As part of its long-term infrastructure plans, the city is seeking to expand the Boston Fiber Network to 24

March was the best month for home sales since the market crash

Thanks in part to some slight relief in housing inventory woes, March saw the strongest home sales of any month since the housing market collapse, according to the National Association of Realtors. Home sales in March totaled 5.71 million, the strongest

Boston rents increased from last year while nationwide rents level off

  Boston rents increased 4.0 percent in the past year to an average of $2,351, according to the March Zillow Real Estate Market Report. From 2015 to 2016, rent in Boston increased 5.4 percent. Rents rose only 0.7 percent nationwide compared to

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Single-family housing development to outpace multifamily, report says

  More investors and lenders are predicting an increase in single-family housing development that will outpace multifamily buildings, according to the 2017 Akerman U.S. Real Estate Sector Report. Of those surveyed, 43 percent said single-family homebuilding will be the most active

Boston is one of the least affordable cities for teachers, study says

Teachers play a vital role in society and the economy, but school systems are seeing a shortage in qualified teachers. That’s in part because teachers often can’t afford to live where they work, according to a new study. Nearly

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3 Boston suburbs among the best in the country, report shows

Boston is a sprawling metropolis with a complex of desirable and in-demand neighborhoods, but there are three suburbs that stand out, according to a new ranking of American suburbs. Niche, a community-profiling site, recently released its ranking of America’s

Housing affordability index down nationwide

  Housing affordability is down nationwide as mortgage rates have increased in February, according to The National Association of Realtors’ latest affordability index. Housing affordability declined 8.7 percent from 175.9 in February 2016 to 160.6 in February 2017. The

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