News / Features

Zillow’s ‘Instant Offers’ disrupts real estate community

A newly launched Zillow feature called “Instant Offers” is causing concern with some agents who worry the company is pushing them out of the homeselling equation. Instant Offers is a completely online approach to selling homes that has launched

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Boston is the country’s third hottest housing market, study says

A record numbers of homebuyers are scrambling to snatch their preferred houses off the market amidst stiff competition, and Boston buyers are no exception. According to a recent Realtor.com study, Boston is the third hottest housing market in America. The

Leading Real Estate Companies of the World hires new vice chairman

The chairman and chief executive of a leading New York real estate firm will become the vice chairman of the Leading Real Estate Companies of the World, the organization announced Thursday. Diane M. Ramirez, CEO of Halstead Real Estate, has

Boston named one of the top ten cities for innovation

Boston may be short on Fortune 500 companies, but that doesn’t stop it from excelling in technological growth. A recent report by Innovation Leader Magazine labeled Boston as number two on its 2017 list of the top ten cities for

Cool, neutral paint colors may help increase home sales, study says

Choosing the right paint colors can make a major difference when it comes to home sales, according to a Zillow study. Zillow conducted its 2017 Paint Color Analysis of more than 32,000 photos of U.S. homes sold between 2010

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The most expensive Boston ZIP codes for renters

Boston is one of the most expensive cities for housing costs in the country. While it is expensive to live just about anywhere in the area, some areas are obviously much more expensive than others. RentCafe, an apartment listing

This year’s blistering start to the homebuying season cooled in April, NAR says

After a hot start to the homebuying season, pending home sales in April slumped for the second consecutive month thanks in part to “astoundingly” low inventory, according to the National Association of Realtors. NAR’s pending home sales index shows

Home prices continue to hit record highs in March

Home prices hit a 33-month high in March on S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which continues the trend of rising home prices across the nation. The index saw a 5.8 percent annual gain in March,

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Boston is one of the worst markets for first-time homebuyers

First-time homebuyers have a daunting decision to make, and each area has unique advantages and disadvantages to buying there. As far as the nation’s metropolitan areas go, Boston has one of the worst markets for those looking to purchase

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Boston’s nonresidential construction rises, but construction as a whole continues to drop

Boston’s nonresidential construction saw a significant increase in April while residential building fell, according to a recent report by Dodge Data & Analytics. Construction as a whole, however, continues to follow a notable downward trend. Commercial construction rates increased

National home values surpass pre-recession peak, study says

It took a decade to get there, but the average United States house is now worth more than it was when the median home value hit its peak right before the recession. According to Zillow’s April market report, April

Existing home sales fall in April due to low supply

Low inventory led to decreasing existing home sales and days on market in April, according to the National Association of Realtors. The median days on market also declined, reaching a new low of 29 days. Total existing home sales,

New home sizes shrink as demand for entry-level homes increases

After the 2009 recession, single-family home sizes have been increasing. But lately, that trend has been changing as builders are capitalizing on the demand for starter homes, according to the National Association of Home Builders. The median single-family square

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Trump’s tax plan a ‘non-starter’ for homeowners, NAR says

Though it would keep in place mortgage interest deductions, changes to the federal tax code proposed by President Donald Trump would hurt homeowners and the real estate industry, according to the National Association of Realtors. NAR commissioned PricewaterhouseCoopers to

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Suburban Boston rents rising faster than city rents, study shows

As urban areas become more unaffordable, more and more residents are turning to suburbs not only to buy but to rent, according to a new study by Zillow. For the first time in four years, suburban rents are rising

Zillow’s ‘Zestimate’ facing class-action lawsuit

The Zestimate, Zillow’s algorithm-based property estimate tool, has long been a source of frustration for agents and those listing their homes. Now, the feature on Zillow’s popular website has officially come under fire, as two lawsuits against the online

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