News / Features
According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications increased 25.5 percent from the week prior. Refinancing activity increased by 24 percent, while purchase mortgages rose by 27 percent. Refinancing comprised 57.4 percent of all mortgage
The rental market in Boston has been red-hot for some time now, and it is approaching a milestone The average rent in Boston’s housing market is nearly $2,000, and the area’s rental growth remains strong. Those were the main findings in the latest
One man turned his dream into a reality in 1977, building a pyramid shaped home in Wadsworth, Ill. The property, known as The Gold Pyramid, is built on a concrete island, surrounded by a moat and guarded by multiple sculptures, including
China is currently steeped in economic turmoil, and its tumbling stock prices and overinflated real estate market have industry professionals asking the question: How will this affect the U.S. real estate market? The answer has major implications for agents, brokerages
Sales continued their strong march forward in August, as CoreLogic reported both year-over-year and month-to-month increases. While the extent of home price gains varied often and sometimes greatly from metro to metro in August, the national direction has remained
According to RealtyTrac and Ethnic Technologies, the share of Mandarin Chinese-speaking buyers paying in cash has increased to 46 percent in 2015, a 229 percent increase from 2005. This increase puts Mandarin Chinese in the lead in terms of cash sale market share
Boston has one of the nation’s hottest housing markets, but what neighborhoods are seeing the most activity? According to the latest research from GBAR, it takes of average of 44 days to sell a home in the city of
Massachusetts Best Overall Thanks to Top School System Ranking, High Salaries Massachusetts was ranked as the best state for teachers in a WalletHub study. The study looked at subjects such as the job opportunity for teachers in U.S. states, along
CoreLogic released June cash sales data this week, which showed that cash continues to trickle out of the market. Nationally, cash sales made up 31.3 percent of total home sales in June, down from 33.9 percent the same time
As the era of House Speaker John Boehner (R-Ohio, 8th) comes to a close, we’re looking back on the legacy of the chamber’s 61st speaker and the Ohio native’s history with housing policy. As minority leader in April 2008, when the
Many wealth public figures own property in Chicago, and Queen Elizabeth is now amongst them. The Queen recently purchased a three bedroom, three bathroom condo in The Buckingham for $1.575 million with the help of real estate agent Steve
Despite more Millennials entering the market, baby boomers still lead Baby boomers made up the majority of new households formed in the beginning of 2015, according to a report released by the National Association of Realtors. The report, which
Green construction is growing faster than conventional construction. It currently provides 2.3 million jobs and $55 million in residential construction spending, which is expected to grow by $45 million by 2018. The homebuyers driving that growth are becoming increasingly eco-conscious, and the National Association of
Where in the city of Boston are incomes the highest? Back Bay is Boston’s most affluent neighborhood, according to a Boston Redevelopment Authority (BRA) study of U.S. Census Bureau data. With a per capita income of $88,419.77 and a per
Did the latest Case-Shiller present more of the same for housing? Home prices in the Boston area were up 1.1 percent from June to July and 4.3 percent from July 2014, according to the latest Case-Shiller Home Price Index from Standard & Poor’s. The
July’s rebound short-lived as pending sales fall Pending home sales dipped in August again after a mild resurgence in July, but still held over last August for the twelfth consecutive month of year-over-year gains, according to a report released by the