News / Features

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

Hottest Boston Neighborhoods for a High Price

Using Redfin’s home sales data from August 2015, Boston.com discovered that dozens of neighborhoods saw mediocre sale-to-list ratios over 100 percent. In other words, the average home seller in those areas received more than their initial asking price. By

Zillow, Move and NAR Legal Entanglement Tightens

The maelstrom of litigation swirling around syndication heavy hitters Zillow and Move Inc. continues to grow. News recently broke that Zillow filed a countersuit in response to the “whistleblower” letter, written by former Zillow vice president Chris Crocker, Move first

1980s Australia Duplex Undergoes Impressive Renovation

Built on the edge of a cliff, this Queensland, Australia property offered a limited view of the Pacific Ocean until designers Jamison Architects rescued the property with massive improvements. The 1980s duplex now features a double-height living room, expansive

The Federal Reserve Punts on Raising Interest Rates

Interest rates are staying right where they are…for the time being. And so the speculation continues for another month. After weeks of outside editorial, predictions and warnings, the Federal Reserve announced today that it will leave interest rates at their

Fannie Mae Reports Easing Credit Standards

Mortgage standards are easing across all loan types, according to the new Mortgage Lender Sentiment Survey from Fannie Mae. The survey was conducted in August, and asked senior mortgage executives whether their organizations’ standards had eased, tightened or remained

Builder Confidence at Highest Level Since Oct. 2005

Builder confidence in the market for newly constructed single-family homes rose another point to 62 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the highest number since October 2005. David Crowe, the

CoreLogic: Negative Equity in Single Digits in Massachusetts

Since last year, more than one million homes have found their way out of negative equity, a report from CoreLogic revealed. Since the second quarter of 2014, when 5.4 million homes, or 10.9 percent of all residential mortgages, were underwater, strong

“The Flintstone House”

Live like our favorite couple from the Stone Age, the Flintstones, in this 1970s home, which is on the market for $4.2 million. According to Curbed, architect William Nicholson constructed the property as “an experiment in innovative building materials.”

MBA: Mortgage Applications Decline in Weekly Survey

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications declined 7.0 percent from the week prior. Refinancing activity was down by 9 percent, while purchase mortgages were down by 4 percent. Refinancing comprised 56.2

Millennials Still Living at Home, Facing Economic Hardships

A Pew Research Center study highlights the problems facing Millennials who attempt to purchase a home A new study released by the Pew Research Center highlighted that Millennials are still struggling to live independently, despite the strengthening job market. While the

Fannie Mae Announces HomeReady Affordability Program

Plan revamps mortgage program to better benefit borrowers’ needs People with low to moderate income are gaining a boost when it comes to getting a mortgage. In an effort to better suit borrower needs, Fannie Mae has announced they

22 Subcontractors Needed to Build the Average Home

According to a new National Association of Home Builders study, 70 percent of builders generally use between 11 and 30 subcontractors to build one single-family home. On average, a typical builder would use 22 subcontractors to build a house. Here is

MBA: Mortgage Applications Decline

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications declined 6.2 percent from the week prior. Refinancing activity was down by 10 percent, while purchase mortgages were down by 1 percent. Refinancing comprised 56.9

Is Low Construction to Blame for Housing’s Inventory Woes?

A new NAR analysis argues that lack of new construction hinders housing growth New home construction is insufficient in a majority of metro areas, according to new research by the National Association of Realtors. NAR measured the amount of

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