News / Features

FHA Announces Changes to Condo Policies

Last Thursday, Federal Housing Administration Principal Deputy Assistant Secretary Ed Golding and National Association of Realtors President Chris Polychron announced changes to FHA condominium policies at the NAR national conference in San Diego. The changes, Golding explained, will change

Mortgage Customer Satisfaction Jumps in New Report

The mortgage process doesn’t often top the list of things people like to do, but as far as dealing with banks and moneymen go, customers are more approving of the mortgage process now than any other time in the

Disproportionately High Rents Spoil Homeownership Dream

Many want to own a house, but the finances are only feasible for an increasingly select few It is a truth universally acknowledged that the vast majority of renters in America aspire to homeownership. Indeed, according to a recent

NAHB: Builder Confidence Slips in November

After some very positive months, builder confidence took a step back in November Builder confidence in the market for newly constructed single-family homes slipped three points to 62 from October to November in the National Association of Home Builders/Wells Fargo

Greater Boston’s Top 5 Elementary Schools

Joseph Estabrook Elementary School in the Lexington School District is the top elementary school in the Greater Boston area. That ranking came courtesy of the analytics website Niche, which just released its 2016 rankings of public schools from across

5 Things You Need to Know About NAR’s Upstream Initiative

NAR and RPR push forward with Upstream initiative The National Association of Realtors and Realtors Property Resource have made an agreement with UpstreamRE LLC to develop a cross-industry platform for real estate data entry, collection and distribution for real

The 6 Characteristics of Homebuyers in 2015

What does the typical homebuyer look like in 2015? Earlier this week, we reported on first-time homebuyers, and how they are now at their lowest market share since 1987. That information came courtesy of the 2015 Profile of Home Buyers

Boston Among Worst Cities in U.S. for Real Estate Investors

The investor-market dynamic has shifted since the boom and bust years. Returns are no longer astronomical and scooping up discounted foreclosures isn’t as easy as it once was, but the promise of profit has far from dried up, as

5 Big Trends in Boston Real Estate

Boston has seen its share of ups and downs since the recession There’s no shortage of discussion about the rising prices throughout Boston. However, when looking at the overall status of the market, the The Boston Globe reported some interesting findings

Black Mortgage Applicants Denied at Twice the Normal Rate in Boston

Mortgage markets have improved, but the inequities are still pronounced Black mortgage applicants in the Greater Boston area are denied at more than twice the rate of all applicants, according to new research from Zillow. All Applicants (2013) Black Applicants (2013)

CoreLogic: Mass. 1 of 4 States to Gain Foreclosure Inventory

In September, foreclosure inventory continued its rapid decline, falling 24.3 percent since the same time last year, a new CoreLogic report found. As a testament to the market’s recovery – and a more total economic recovery – since the

The 5 Most Expensive Areas in Boston

Coldwell Banker released their 2015 Home Listing Report, which details the highest and lowest average price for four-bedroom, two-bathroom houses in markets across the United States. Here are the top five most expensive areas in Massachusetts, along with the

6 Important Facts about First-Time Homebuyers

First-time homebuyers continue to lose market share in today’s housing market First-time homebuyer share has dropped to its lowest level in 27 years, with just 32 percent of all existing-home sales going to first-time buyers in 2015. That was one

Boston Construction Expected to Reach $7 Billion

Roughly $7 billion in new construction is currently underway in Boston. There are 83 projects in the process of being constructed that span 25 neighborhoods, according to the Boston Redevelopment Authority. In Seaport, Downtown and Back Bay, $4 billion in

Haunt Couture

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

Bloomberg: Boston the Fifth-Richest City in U.S.

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,

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