News / Features

Fannie Mae to No Longer Require Pay Stubs

Fannie Mae opts to use database for those without credit score Fannie Mae will no longer require physical pay stubs and tax data to verify a borrowers’ ability to handle a loan, according to The Wall Street Journal. Instead, Fannie

The 10 Least Affordable Neighborhoods in Boston

Where is the affordability problem particularly pronounced in the city of Boston? Affordability is a common topic in Boston real estate circles, and for good reason. Whether it be new construction, modern living preferences or escalating demand, housing in Boston

Residential Construction in Boston Posting Big 2015 Gains

As 2015 draws to a close, how has residential construction activity in Greater Boston compared with the previous year? Residential construction spending in Greater Boston totaled $309 million in September, according to new Dodge Data & Analytics numbers. That is 48 percent higher than

Boston Popular with International Buyers

Boston was one of the three most searched U.S. cities with international buyers from Turkey and Ireland, according to realtor.com International. The United States came in at the fifth most-searched country for international buyers, overall. The top five cities in

Freddie Mac CEO: Expect More Low Down Payment Mortgages

The Federal Housing Finance Agency and Freddie Mac are ready to uphold their pledge from last year to extend lending to borrowers who do not qualify for traditional loans. Freddie even hinted that more low down-payment loan programs could possibly

Half of Boston Renters Cost Burdened

For nearly a decade, the nation’s homeownership rate has been in decline. Since 2004, when homeownership peaked at 69 percent, the rate has fallen nearly 6 percentage points down to 63.7 percent in the first quarter of 2015, according

Pending Home Sales Decline for Second Straight Month

Housing continues to slow in 2015 Pending home sales were down 2.3 percent from August to September, according to the latest report from the National Association of Realtors. Closing out the month at 106.8, the Pending Home Sales Index

Why are Builders Constructing So Few Homes?

Single-family home starts are far below the long-term median – why? Builder confidence has posted repeated year-over-year gains in recent months, but the amount of single-family housing starts is not rising to match their confidence, according to a report by The Wall

Has the FHA’s Attempt for More Affordable Housing Backfired?

The FHA’s reduction in insurance premiums may have led to a surge in demand The Federal Housing Administration’s effort to provide relief for homeowners through lower insurance premiums may have backfired, according to a MarketWatch report. The change, which went into effect

3 Big Obstacles to the Housing Recovery

Do these economic trends pose problems for housing’s future? America’s housing market is at a crossroads. In addition to the usual real estate entities that impact its progress – Realtor associations, homebuilders, lending institutions – housing is also privy to the wider

Boston’s Condos Appreciating Faster Than Single Family

After years of battling against the popularity of single-family homes, the demand for condos is gaining around many of the nation’s hottest metros, a new report from Zillow showed. Year-over-year, the nation’s condo prices have risen at a rate of

Beverly Hills Home to Country’s Most Expensive House

The country’s most expensive home sits in Beverly Hills on nearly 25 acres of land. A Mediterranean-style Palazzo di Amore, the property features 12 bedrooms, an in home movie theater, a pool, sauna, tennis facilities and room for 150

Census Bureau: New Home Sales Disappoint in September

New home sales were down last month, but what about 2015 overall? Autumn has been a lackluster season thus far for new home sales, which rose 2.0 percent month-to-month but fell 11.5 percent year-over-year in September, ending the month at a seasonally adjusted

CoreLogic: Boston Cash Sales Fall Below 20%

Cash sales dropped ever closer to the pre-crisis norm of 25 percent in July, falling from 34.2 percent 12 months earlier to 30.8 percent, according to a new report from CoreLogic. With traditional financing becoming a more realistic option

Case-Shiller: Boston Home Prices Rising Solidly

Home prices in Boston have risen steadily, albeit in line with the national averages Home prices in the Boston metro area rose 0.4 percent monthly and 4.6 percent year-over-year in August, according to the new Case-Shiller Home Price Indices from Standard & Poor’s.

LeadingRE Adds Wellesley Brokerage to its Ranks

The Leading Real Estate Companies of the World has added Benoit Mizner Simon, a brokerage from Wellesley, to its ranks, along with 37 other companies from 18 countries. LeadingRE members benefit from many business enhancing services perks, including world class conferences