News / Features

More affordable housing is popping up in desirable Boston neighborhoods, study shows

Boston is a leader in providing affordable housing in desirable neighborhoods, according to a recently released study. With housing costs rising – particularly in Boston, one of the most expensive markets in the country – there is a growing need

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5 facts that describe Generation X homebuyers

With all the talk of Millennials and how they fit into the housing market, Generation X doesn’t get a lot of attention as a home-buying population. Gen X-ers, aged 37 to 51 years, make up the second largest share

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Cambridge has the best public transit system of any mid-sized city, study says

Boston isn’t the only city in the area with a top-notch public transportation system. Cambridge was recently named the best mid-sized city for public transit in the country,  according to Redfin. Of cities with 100,000 to 300,000 residents, Cambridge

Millennials don’t want to be tied down by homeownership, study shows

There are a number of possible reasons why Millennials are not buying homes. That they don’t make enough money and are too saddled with debt are common explanations. While those things are true, a new study puts some numbers

Boston foreclosure levels still above pre-recession average as nationwide levels drop

Boston foreclosure levels are still above pre-recession averages while nationwide foreclosure activity falls below pre-recession levels, according to a new report from ATTOM Data Solutions. The Boston-Cambridge-Newton MSA reported 2,489 foreclosure filings in Q1 2017, which is up approximately 26

New construction: bigger homes, smaller lots

  New homes are getting bigger, which has helped in balancing out price appreciation while the market sees low inventory and high demand, reports CoreLogic Chief Economist Frank Nothaft, based on Census Bureau data on new residential construction.   What’s changed?

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The 3 Boston neighborhoods with the biggest spike in housing costs

Home prices have been soaring in Boston, but not every neighborhood is seeing the same level of housing price hike, according to an analysis by the Boston Globe. The Globe crunched the numbers to show which areas have seen

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Boston sees second highest drop in homes for sale in March

Homes sold faster this March than any other March in seven years, thanks to rising demand and still-shrinking inventory, according to Redfin’s recent housing market report. Home sales jumped 9 percent in March when compared with March 2016, even as

Vacation home sales plummet

Vacation home sales have dropped significantly, according to a recent study by the National Association of Realtors. Only accounting for 12 percent of all transactions in 2016, vacation home sales fell to an estimated 721,000 transactions—the lowest since 2013 (which saw

Here’s how much Boston homeowners pay in property taxes

Boston area homeowners pay a modest amount in property taxes, at least compared to other big cities with expensive housing markets. Local taxing bodies gathered $5.7 billion in property taxes in 2016, according to property tax data released Thursday

Tesla announces new residential solar products set to hit the market by the end of 2017

  Tesla announced their new solar panels on their website last weekend, offering an alternative option from their solar roof tiles released last fall, which Tesla will begin taking orders for this month. The panels are expected to have an install

The real story behind the nationwide housing shortage

A nationwide inventory shortage is hampering the housing market’s growth, but the shortage isn’t uniformly affecting every market. In fact, a market is more likely to have a housing shortage if its housing prices have recovered to pre-crash highs,

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Affording a down payment is biggest hurdle to homeownership, Bostonians say

About 70 percent of renters say securing enough cash for a traditional down payment is the biggest obstacle to buying a home, according to a study by Zillow. With an average mortgage payment costing less on a monthly basis

Consumers recognize seller’s market with rising home prices

  Housing confidence fell 3.8 percentage points in March following a survey high in February, according to Fannie Mae’s Home Purchase Sentiment Index ®. The net share of Americans who say it is a good time to buy fell

A massive new tower, and some new shadows, could be coming to Winthrop Square

City and state legislators are likely to pave the way for a massive new mixed-use tower in Downtown Boston by allowing it to cast shadows onto the Boston Common and Public Garden. Millennium Partners has proposed a $1 billion,

5 facts that explain Older Boomers’ homebuying habits

With all the talk of Millennials and how they fit into the housing market, retirement-age Baby Boomers don’t get a lot of attention as a home-buying population. The numbers show, however, that “Older Boomers” aged 62 to 70 years

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