News / Features

SOC Reports the New Median Size of Single Family Homes

The new median size for single family homes is 2,450 square feet. According to the 2014 Survey of Construction (SOC) data from the Census Bureau and NAHB analysis, this is the second highest average since 2009. Tweet: The new median

Walsh Seeks to Increase Construction Fees to Fund Affordable Housing

The Walsh administration is on the verge of requiring that real estate developers make more of an effort to create affordable housing, amidst Boston’s biggest building boom in a generation. The new requirement is due to steep rent increases and a

Boston Real Estate Professionals Are Earning More

The Business Journals, analyzing the latest Census Bureau data, has compiled a list of the most profitable U.S. cities for a wide range of professions, including loan officers and real estate agents. In Boston, 2014 salaries for loan officers

Boston’s Top Neighborhoods for Luxury Real Estate

What Boston neighborhoods see the highest share of luxury home sales? The 02116 ZIP code, which includes the Back Bay and Bay Village neighborhoods, was the top luxury housing market in Boston in the second quarter, with 77 sales

62% of Americans Have Almost No Savings

Yet another study finds that a majority of Americans are on financially insecure footing Sixty-two percent of Americans have inadequate savings. That alarming statistic was the main finding of a Google Consumer Survey that GoBankingRates, a national website that

Wire Fraud Scammers Target Real Estate Agents, Clients

Resurgence of wire fraud scams alarms NAR Wire fraud, or fraud using telecommunications technology, is on the rise in real estate transactions, according to a new report in the Washington Post. The scam works like this: hackers gain access to either

Arizona’s Underground Home

Arizona is home to a plethora of unique homes, and this 1,256-square-foot property is no different. This windowless, two-bedroom, two-bathroom property built on four acres of desert is made of three, connected concrete domes that features a large garage,

CoreLogic: Massachusetts Gains More Foreclosures Than Any State in August

Recovery continues as foreclosure levels dropped yet again in August. National foreclosure inventory fell 25.2 percent year-over-year and completed foreclosures dropped 20.1 percent, according to a new report from CoreLogic. The latest decline in foreclosures is only the latest step

House Passes Bill to Delay TRID, Again

On Oct. 3, lenders finally reached the much-delayed compliance deadline imposed by TRID. However, in an effort to assist smaller lending, title and escrow companies reach a level of sustainable compliance with the new documentation, a bipartisan bill was introduced, and

Boston Among Nation’s Top 20 Markets

The Urban Land Institute released its 2016 Emerging Trends in Real Estate report and survey recently – the 36th edition of the institute’s trends and forecast report – providing analysis of the nation’s top real estate markets, and subsequently

Newly Formed NAHB Young Professional Committee

The National Association of Home Builders Young Professionals Committee was recently formed to inspire young homebuilding professionals under the age of 45 to become association leaders. New members will be involved in national networking, education and advocacy initiatives. And when filling out an application, the association is recommending

9 Surprising Stats about the State of Housing in 2015

Housing has made considerable progress the last few years, but elements of the downturn still linger. Recently, there have been many promising developments in housing. New construction, for instance, is becoming more affordable, and new home sales are up

Paradise in Washington

Live like you’re always on vacation in this $2.8 million Henry Island, Wash. home. Accessible only by boat, this 2,700-sqaure-foot property features three bedrooms, concrete floors, a 10-foot-long breezeway connecting the living and dining spaces, and radiant heat. With

Mortgage Rates Drop on Weak Jobs Report

Average fixed mortgage rates have lowered following September’s jobs report, according to Freddie Mac’s Primary Mortgage Market Survey. With the 30-year FRM falling from 3.85 to 3.76 percent, average rates have now been below 4 percent for 11 consecutive weeks, while including the

Survey: Americans Bargain Shop For All Things – Except Loans

LendingTree’s survey reveals that though Americans bargain shop for many things, they do not adequately research financial loans. Out of the 1,024 people surveyed (ages 25 and up), 79 percent of Americans claimed to be bargains shoppers. An overwhelming  83

Massachusetts Sees Rise in “Zombie” Foreclosures

Chicago holds a majority of zombie foreclosures, vacant homes Despite a 43 percent national drop of “zombie” foreclosures, they still remain a problem in several parts of the country, according to a RealtyTrac study, including Massachusetts who saw an increase. The study,

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