News / Features

greater-boston-metro-area-homes-autumn-fall
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,

millennials-urban-living-space-builder-magazine
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

rsz_graph
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

south-boston-housing-market-dusk
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

inequality-housing-zillow-homeownership-income-lower-tier
Renting is now more popular than owning in Boston, study shows

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

HOA fees are on the rise

  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

fannie-mae-freddie-mac-mortgage-rules-new-down-payment-put-backs-risk
Freddie Mac to offer automated assessments for borrowers without credit

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’s public transit system is making homes more expensive, study says

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

February produces surge in home sales and prices

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

builder-construction-job-inventory-shortage-single-family
Build more homes to combat rising inflation, housing prices, economist says

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

Appraisers cite lack of pay, glut of regulations as reasons for leaving

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

Oops! We could not locate your form.