News / Features
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
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,
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
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,
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
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
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 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
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
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
