News / Features
Cities may see less Millennials moving in going forward, thanks to shifting demographic trends as the generation grows older, according to a new CityLab report. The report, which covered a talk by USC urban planning professor Dowell Myers, argued
When the great recession started in 2007, many families merged their households with older generations in order to save money. According to John Burns Real Estate Consulting, the social stigma of “multigenerational living” has disappeared, and 44 percent of
How is the 2016 housing market taking shape in Boston? The Greater Boston housing market is a place of very positive highs and very negative lows, a varied arena that simultaneously accommodates every point on the housing spectrum. That
Boston’s construction industry is growing at a rapid pace, according to data from the Associated General Contractors of America (AGC). The construction, mining and logging industry in Massachusetts added 134,800 workers in January, which is up 8 percent from
In mid January, a small cadre of consultants from research group John Burns Real Estate Consulting attended the National Multifamily Housing Conference, looking for evidence of future trends in housing. They found one, and it involves the possible decline of
It was a big weekend for tourism in Cuba, as two American companies inked special deals sanctioned by the U.S. government to extend their business in the Caribbean island. And it could have big implications for developers hoping to
Greater Boston has the best Millennial housing market in the country, according to a new analysis from LendingTree. Per LendingTree’s numbers, 52.46 percent of purchase requests in Greater Boston come from Millennials, with the average age of the buyers being 28 years; that market
Real estate is a seasonal business – transactions rise and fall with the weather. And now it is officially spring. If agents want to capitalize on the sales bump, they’ll need to be prepared. Earlier this week, Redfin released an
New research reaffirms how important Hispanic consumers are for the future of housing in America The numbers speak for themselves: in 2015, the number of Hispanic-owner households saw a net increase of 245,000, accounting for 69 percent of the total
Just how unaffordable is Boston for average city residents? Boston’s affordability issues have been well documented, but a new analysis by the Boston Redevelopment Authority has raised awareness on just how unaffordable Boston truly is. We’ve taken a look at the
Intrix, Inc. released its 2015 Traffic Scorecard, which names Boston the No. 7 city in the U.S. with the worst traffic. Intrix’s Traffic Scorecard is a benchmark for governments and agencies in the U.S. and Europe to measure progress
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
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
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
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
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
