News / Features

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Boston residents, not foreign buyers, snapping up ultra-luxury units in One Dalton development

Boston’s soon-to-be tallest residential building will also include some of its priciest condos, but local residents are having no problem getting over the sticker shock. One Dalton, an ultra-luxurious hotel and residential tower, is selling units from $2.5 million

Average mortgage size reaches record high

The average mortgage size is $318,200, which is the largest it has been in the 27-years of The Mortgage Bankers Association’s weekly purchase loan data survey. There are multiple factors leading to higher mortgages in the United States beyond larger

Federal housing laws protect LGBT citizens, court rules

LGBT people have protection against housing discrimination under the Federal Fair Housing Act, a federal judge ruled for the first time last week. The federal law prevents landlords from refusing to rent or sell housing to anyone based on

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9 stats that show homebuyers want green technology

Sustainability and an environmentally friendly community are amenities that more and more homebuyers are looking for, according to a recent survey by the National Association of Realtors. Here is perhaps the most obvious sign that green technology is a

Green Line expansion will move forward after Fed approval: reports

The Green Line extension has found new life after years of struggling to find approval due to financing, according to the Boston Globe. In May of 2016, both state transit officials and the Massachusetts Bay Transportation Authority OK’d the plan,

Boston is one of the best cities for black homeownership, study says

Nearly 50 years after the passing of the Fair Housing Act, minority households still have lower ownership rates and higher rent burdens than white households, a recent study by Trulia found. But progress made in some cities is helping

First-time homebuyers make up nearly one-third of February sales

  First-time homebuyers accounted for 32 percent of all residential sales in February 2017, marking minimal change from January 2017 (33 percent) and February of last year (30 percent), according to the National Association of Realtors. Nationally, demand has

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Here are Boston’s 10 hottest neighborhoods for 2017

Despite having some of the most expensive housing in the country, the Boston area has been adding residents. Though the real estate market is too pricey for some prospective buyers, there area is posed to have another good year

Boston homes sell near their original listing price, bucking nationwide trend

Existing housing inventory has reached historic lows, making the housing market very favorable to sellers. But that doesn’t always mean that sellers get what they’re asking for, according to a study by the National Association of Realtors (NAR). Nationwide,

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Education levels impact post-recession homeownership for Millennials, study shows

For Millennials seeking to become homeowners, level of education may be more of a determining factor than any other socioeconomic indicator, according to a newly published white paper. The study by Fannie Mae comes as the industry seeks to

New home contracts are nearing decade highs

Pending home sales made an unexpected jump in February, leading contract signings to their second highest mark since 2006, according to the National Association of Realtors. NAR’s pending home sales index showed a 5.5 percent jump in homes under contract,

Demand for 55-plus communities takes off

Toning it down after retirement is becoming a thing of the past. Many over the age of 55 are looking to downsize in scale and upsize the fun. Communities exclusively serving that age group are growing in popularity, according to reports. These

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Home prices continue to rise, hit 31-month peak in January

Home prices continued to increase into the new year, making January the fifth straight month of record-high home prices, according to new S&P CoreLogic Case-Shiller Indices, which measure U.S. home prices. The latest version of the indices, generated by S&P

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Boston condos now more expensive than single-family homes

The average condo in Boston costs more than an average single-family home in the area, according to the latest numbers from the Greater Boston Association of Realtors. Sales for both single-family homes and condos softened in February, a factor attributed to

Boston eases parking space requirements to address housing shortage

Boston city leaders are approving increasing numbers of residential developments with less parking as a way to bolster housing stock and lure new residents, according to a recent report by the Boston Globe. As the city faces rising housing costs and

My Style: John O’Connor, Realtor and attorney, Keller Williams, Boston

  Number of years in real estate: 20 years Describe your look: Classic, athletic What do you consider a “fashion don’t”?  Sneakers worn any time other than working out, running or playing sports. What is your favorite piece of

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