In 1855, the Gustav Mayer House was built by New York Militia commander David Ryers on Staten Island. The 7,700-square-foot, 10-bedroom mansion has had a few owners since then, and fell into disrepair after the infamous real-life subjects of

A new study from Bloomberg Business has rated Boston as the fifth-richest city in the U.S. The gross metropolitan product per resident in Boston, according to Bloomberg, was $74,746.  Boston’s biotech industry has greatly impacted the city’s gross metropolitan product,

October was more of the same for the U.S. job market, but was it enough to sway Fed policy? The U.S. economy added 271,000 jobs in October and the unemployment rate held firm at 5.0 percent, according to the

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications decreased 0.8 percent from the week prior. Refinancing activity decreased by 1 percent, while purchase mortgages rose by 20 percent. Refinancing comprised 59.5 percent of all

It’s been more than a month since the TILA-RESPA Integrated Disclosure (TRID) guidelines came into effect, and so far, the industry hasn’t devolved into total chaos. But that doesn’t mean lenders still aren’t worried. Financial services company Wolters Kluwer

The latest ranking in high schools provides further evidence of Boston’s prominence in education Greater Boston high schools are highly represented in Newsweek‘s “America’s Top Schools 2015,” with six schools ranking in the top 100 and 17 total amongst the top

In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15

There’s been a lot of political posturing as of late, with partisan pundits and presidential candidates butting heads over everything from tax strategies to affordable housing, but one issue that, surprisingly, has remained largely left out of the conversation is

Fannie Mae opts to use database for those without credit score Fannie Mae will no longer require physical pay stubs and tax data to verify a borrowers’ ability to handle a loan, according to The Wall Street Journal. Instead, Fannie

Where is the affordability problem particularly pronounced in the city of Boston? Affordability is a common topic in Boston real estate circles, and for good reason. Whether it be new construction, modern living preferences or escalating demand, housing in Boston

As 2015 draws to a close, how has residential construction activity in Greater Boston compared with the previous year? Residential construction spending in Greater Boston totaled $309 million in September, according to new Dodge Data & Analytics numbers. That is 48 percent higher than

Boston was one of the three most searched U.S. cities with international buyers from Turkey and Ireland, according to realtor.com International. The United States came in at the fifth most-searched country for international buyers, overall. The top five cities in

The Federal Housing Finance Agency and Freddie Mac are ready to uphold their pledge from last year to extend lending to borrowers who do not qualify for traditional loans. Freddie even hinted that more low down-payment loan programs could possibly

For nearly a decade, the nation’s homeownership rate has been in decline. Since 2004, when homeownership peaked at 69 percent, the rate has fallen nearly 6 percentage points down to 63.7 percent in the first quarter of 2015, according

Housing continues to slow in 2015 Pending home sales were down 2.3 percent from August to September, according to the latest report from the National Association of Realtors. Closing out the month at 106.8, the Pending Home Sales Index

Single-family home starts are far below the long-term median – why? Builder confidence has posted repeated year-over-year gains in recent months, but the amount of single-family housing starts is not rising to match their confidence, according to a report by The Wall