News / Features

3 Important Facts About Eco-Conscious Homebuyers

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

Boston’s Most Affluent Neighborhoods

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

Boston Home Prices Post Strong Gains

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

After July Gain, Pending Home Sales Drop in August

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

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

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