News / Features
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 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
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 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
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,
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
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
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,
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
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
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
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
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
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,
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 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
