News / Features

Are Boston “Bargains” Really Bargains?

Homebuyers are shoppers like any other, which means that certain words appeal to them more than others: “deal,” “affordable” …and “bargain.” But not every sale is a deal; not every home is affordable; and according to a report from

Why Foreign Buyers are Losing Their Love for American Real Estate

A strong dollar and rising home prices leave foreign investors cold on buying in the U.S. The post-boom U.S. housing market has benefitted immensely from foreign consumer demand. According to the National Association of Realtors, foreign homebuyers accounted for 209,000

New Residential Developments Drive Banking in Chinatown

Bank of America and the East Boston Savings Bank have opened up new branches in the Chinatown neighborhood, making it a premier destination for banking. According to the FDIC, deposits at the five banks in Chinatown grew 40 percent

7 Surprising Ways Homebuyers’ Generation Affects Their Purchase

New, or used? Detached, or townhome? Environmentally friendly? Close to work? Near shopping centers and entertainment venues? The number of options available to homebuyers in our real estate market is limitless, and NAR’s latest Home Buyer and Seller Generational

TRID Gets More Blame – Is It Deserved?

The debate over TRID’s true impact on mortgage markets is ongoing, but according to a new survey from the American Bankers Association, lenders are still grappling with longer processing times and delays in mortgage closings, which many are attributing

On Target – Why Homes Near This Big-Box Store are More Valuable

Home value sees noticeable changes near stores of certain persuasions Homeowners living near a Target have experienced better home value appreciation since their purchase than homeowners near a Walmart, but also pay higher property taxes, according to a RealtyTrac

The 5 Big Reasons that Consumers Buy Homes

Why do consumers buy homes, nowadays? There are many reasons that someone may want to purchase a home, but among America’s homebuying public, which reasons are the most common? According to the new Home Buyer and Seller Generational Trends

What Modern Homes Say About Modern Homebuyers

Modern homes favor efficiency and space Just as the average American homebuyer has changed over the years, so too has the average American home. According to a new analysis from the National Association of Realtors, new homes are characterized

Boston Homeowners Enjoy Slow but Steady Gains in Equity

Homeowner equity made big year-over-year gains in the fourth quarter of 2015, according to a new analysis from CoreLogic, which found borrower equity increased by $682 billion, or 11.5 percent – to put it into perspective, that’s more than

Mayor Walsh’s New Plan for Boston’s Affordability Crisis

The Walsh administration will announce new steps to combat the affordability crisis Mayor Martin J. Walsh is set to announce new solutions from the Housing Innovation Lab on lowering housing and construction costs for middle-income consumers, as part of

These are the 3 Things Keeping Non-Homeowners from Buying

Non-homeowners are plagued by a lack of credit, money and knowledge First-time homebuyers have been absent from the current market ever since the housing downturn, choosing instead alternative housing solutions such as renting and living with parents or in-laws.

Study: Boston is One of the Best Cities for Career Professionals

A new study commissioned by staffing firm Robert Half found that Boston is one of the best destinations for career-orientated professionals, coming in second on the list behind Seattle. According to the Economist Intelligence Unit (the group that conducted

These 5 Traits Define Homebuyers in 2016

This is who you’ll be doing business with this year. The National Association of Realtors’ “Home Buyer and Seller Generational Trends” report is among the most detailed examinations of the nation’s consumers and their real estate experiences. From demographics,

Bostonians are Ready to Buy in These 5 Suburbs

Few people manage their money better in the U.S. than residents of Lexington, according to a new analysis from WalletHub. With an average credit score of 750.59 and a mortgage debt-to-income ratio of 501.19%, Lexington was the fifth-savviest area in the country when it

In Boston Real Estate, these Two Groups Value Homeownership the Most

Hispanic and Millennial consumers are the most eager to buy homes in the Greater Boston area, according to a new survey from Zillow. The survey, which polled more than 10,000 renters and homeowners, asked consumers whether or not they associated homeownership

Survey: TRID Impacting 75 Percent of Loan Closings

New regulations are delaying a high amount of loans, new research finds More than 75 percent of banks say TRID compliance is delaying loan closings between one and 20 days, according to a survey by the American Bankers Association. The reasons

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