News / Features

4 Key Trends in New Construction Today

New home sales were up in August, but is that a sign of a strengthening market? In August, new home sales rose 5.7 percent month-to-month and 21.6 percent year-over-year to a seasonally adjusted annual rate of 552,000, according to

Slippin’ and Slidin’ at Home

Most people use stairs to get from one floor to the other in their home, but Scott Jones’ family depends on something else: a 28-foot mahogany slide. According to Jones, a 54-year-old entrepreneur from Carmel, Ind., he likes for

Homebuyers Worried About Affordability, Not Interest Rates

An interest rate hike is not a concern to buyers Buyers are more concerned about affordability, competition and inventory than an interest rate hike, according to a Redfin survey of 3,577 buyers done in late July. Only 5 percent of the

Americans Optimistic About Job Market, Pessimistic about Economy

Gallup polls a mixed bag of job market confidence, lack of confidence for economy Forty-five percent of Americans believe it is a “good time” to find a quality job, up six points from last month, according to a new Gallup poll.

Hispanic Women Becoming Powerful Housing Demographic

For decades, white buyers have largely dictated the direction of the housing industry. That may soon change, though, as a recent survey from Better Homes and Gardens Real Estate and the National Association of Hispanic Real Estate Professionals found

Boston One of U.S.’ Top Metros for Millennial Workers

Boston ranked as the ninth best city for Millennial workers, according to PayScale, a data-driven benefits and compensation firm. Boston had a median millennial salary of $56,300. The study, which analyzed data from 650,000 surveys filled out over two

Housing Cost Burdens Will Only Worsen Over Next Decade

One in four renters is severely rent burdened Based on current trends of rent gains outpacing incomes, the number of severely burdened renters could increase by up to 25 percent by 2025, according to a study published by the Joint

Boston Home Sales Jolt to Life

Building on a strong July, home sales in the Greater Boston housing market showed considerable activity in August, with the month’s 1,720 single-family sales representing a 13.5 percent increase from a year ago. Pending sales, according to further research

Massachusetts Ranked Sixth Richest State in U.S.

Massachusetts ranked No. 6 on the list of America’s richest states. Financial news and opinion platform 24/7 Wall St. identified the richest and poorest states with the highest and lowest median household income, using the U.S. Census Bureau’s 2014 American

Existing-Home Sales Slow in August

Market slows in an expected drop as summer comes to a close After three straight months of gains, existing-home sales dipped in August, despite slowing price growth and a positive turnaround in the share of sales to first-time buyers,

Chinese Buyers Paying More for U.S. Homes

Chinese investors who are looking to buy a home in the U.S. will have to pay more, after China’s central bank devalued the yuan on September 15 and 16 in order to make the currency relative to the U.S.

Green Building is Growing Faster than Conventional Construction

According to the 2015 U.S. Green Building Economic Impact Study, conducted by the U.S. Green Building Council, the green building sector is anticipated to provide 2.3 million American jobs this year – a result of construction growth. The green construction

Hottest Boston Neighborhoods for a High Price

Using Redfin’s home sales data from August 2015, Boston.com discovered that dozens of neighborhoods saw mediocre sale-to-list ratios over 100 percent. In other words, the average home seller in those areas received more than their initial asking price. By

Zillow, Move and NAR Legal Entanglement Tightens

The maelstrom of litigation swirling around syndication heavy hitters Zillow and Move Inc. continues to grow. News recently broke that Zillow filed a countersuit in response to the “whistleblower” letter, written by former Zillow vice president Chris Crocker, Move first

1980s Australia Duplex Undergoes Impressive Renovation

Built on the edge of a cliff, this Queensland, Australia property offered a limited view of the Pacific Ocean until designers Jamison Architects rescued the property with massive improvements. The 1980s duplex now features a double-height living room, expansive

The Federal Reserve Punts on Raising Interest Rates

Interest rates are staying right where they are…for the time being. And so the speculation continues for another month. After weeks of outside editorial, predictions and warnings, the Federal Reserve announced today that it will leave interest rates at their

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