News / Features

A thriving niche in mortgage lending: The Certified Divorce Lending Professional

Certified Divorce Lending Professionals go through extensive training and continuing education to achieve and maintain their CDLP designation.

NAR names Nykia Wright interim CEO, replacing retiring Bob Goldberg

Nykia Wright has been named interim CEO for the National Association of Realtors® (NAR), effective Nov. 20.

Nearly one-third of homes for sale are new construction

New single-family home sales increased by 12.3% during September, the fastest pace since early 2022.

NAR, Keller Williams, HomeServices of America found liable of conspiring to inflate commissions

The National Association of REALTORS®, Keller Williams and HomeServices of America were found liable of conspiring to inflate commissions and ordered to pay damages totaling $1.78 billion, a jury in Missouri ruled Tuesday.

Likely increase in first-time Hispanic homebuyers

Around 70% of new homebuyers will be Hispanic by 2040, according to projections from the Urban Institute. Based on the 2020 Census data, Hispanics are the quickest growing demographic in the U.S. However, with rising interest rates and escalating home prices, affordability issues are appearing for young Hispanic homebuyers.

Greater Boston’s housing supply up more than 110% from last year

It’s the second year in a row Boston was the top market for year-over-year housing inventory percentage increases. 

An 1800s castle, restored to modern glory

This Midwest castle, built in the late 1800s, stands as an authentic reproduction of a Richardsonian Romanesque Scottish castle.

New-home sales jump in September despite interest rates

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Boston launches offices-to-residences conversion program

The program’s goal is to create more downtown housing and bring more foot traffic to support downtown businesses.

South Boston project to bring more than 1,400 residences to area

A new development project will bring more than 1,400 residential units to Dorchester, including income-restricted and senior-living residences. 

Massachusetts named one of the safest states in America

For the second year in a row, Massachusetts has been named one of the top 10 safest states in the U.S., according to WalletHub’s 2023 Safest States in America list.

A storybook castle nestled in private woods

The castle is listed by Richard Bassford, leader of The Bassford Team at RE/MAX Concepts Bettendorf, for $700,000.

Homebuying activity in Greater Boston continued to decline in September

Even though buyer demand has weakened, home values remain strong

Short supply helps drive existing-home sales to 13-year low

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Housing starts rebound in September after August dip

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

Massachusetts single-family home sales hit 13-year low

The drop comes as home and condo prices reached an all-time high in September.

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