News / Features
Homeownership rates are falling in over half of the country’s largest cities as more residents seek out rental agreements, according to a recent Redfin study. Though home sales jumped in 2016 and are projected to climb by a modest 3 percent in
Condo shoppers have more to contend with than just rising home prices. According to a new report from Trulia, homeowners association (HOA) fees are on the rise across the nation. The U.S. has seen a rise in homeowners association
Freddie Mac will offer automated assessments for borrowers who do not have credit scores, saving time for lenders and expanding its lending service to more prospective customers, according to multiple media reports. Starting in June, borrowers without credit scores
Boston is one of the most public transportation-friendly cities in the country, but the distinction might be contributing to the city’s skyrocketing home prices, according to a recent Redfin study. It’s no secret that homebuyers want homes with easy
Across-the-board rises in new home sales, average sales price and inventory were reported in February, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Home sales in February totaled
The historic, nationwide housing inventory shortage could be cured by more new-home construction, real estate economist Lawrence Yun said, but barriers exist before construction can ramp up. Raising interest rates could dampen homebuying activity, with 53 percent of prospective
Faced with dwindling numbers of appraisers nationwide, the home evaluation industry is speaking out against regulations and industry practices they say are hurting them during a boom time in housing sales. A shortage in appraisers is accepted as fact by many
Spring buying season has officially begun, however, the Boston area could use some more homes to choose from. As it turns out, the lack of housing inventory in Boston is not only causing higher home prices and crowded open houses,
The Congressional Budget Office (CBO) released its highly anticipated analysis of the new legislation to repeal and replace Obamacare on Monday afternoon, including findings that the law will leave millions more people uninsured compared to the current health care
Every year, Redfin polls recent and prospective homebuyers in an attempt to gauge how people’s views of the housing market have changed, or remained the same, from one year to the next. But this year is different. This year
Americans live much larger than they did 30 years ago, despite families being slightly smaller. But that doesn’t mean Americans want bigger homes. As a recent Trulia study showed, homeowners suffer from widespread “grass-is-always-greener” syndrome, in which small home
Boston has one of the country’s best job markets, according to an analysis from information services company ConstructConnect. That’s positive news for both incoming buyers and the long-term stability of the city’s housing market. In its analysis, ConstructConnect considered
Within the family of sites like Zillow and Redfin, there have been a plethora of tech startups emerging from the woodwork over the past couple of years in endless pursuit of streamlining the home buying and selling process. Here are a
The median home price nationwide when President Donald Trump took office was $234,900, according to the National Association of Realtors. Apart from Trump, there have been eight presidents to hold office since NAR started compiling comprehensive home sales data
Massachusetts homeowners on average have more mortgage debt than borrowers in most other states, an analysis from Business Insider confirmed this month. How much debt exactly? According to data Business Insider obtained from Experian, $246,004 in 2016, making it
Boston’s new construction market plummeted in January, as spending dropped double digits from a year prior, according to research from Dodge Data & Analytics. But the dip isn’t so bad. Yes, residential construction spending from Jan. 2016 to Jan.
