News / Features

Almost 6,000 homes sell for more than $100,000 over asking price this year

In Boston, 158 homes sold for at least $100,000 over asking price.

Mortgage applications rise, interest rates fall as Ukraine uncertainty roils markets 

“Looking ahead, the potential for higher inflation amidst disruptions in oil and other commodity flows will likely lead to a period of volatility in rates.” — MBA associate vice president of economic and industry forecasting Joel Kan 

Cityscape from the East Boston Pier's Park
Boston is the fourth most-expensive city for renters

Rents nationwide continue to grow, driven by single-family rentals, and Boston is no exception.

Aerosmith’s Joe Perry’s House Sells

Aerosmith lead guitarist Joe Perry’s seven-acre Duxbury home has a new owner.

Take this Illinois ‘dome home’ for a whirl

Just an hour from outer Chicago, sits a spaceship-like structure: Illinois’ famous rotating house.

RE/MAX celebrates 2 million transaction sides at annual convention in Las Vegas 

The real estate franchisor’s 140,000 agents closed more than two million transaction sides in 2021 to become the first real estate brand to do so in a single calendar year, according to the company.

MoxiWorks acquires lead nurturing platform ActivePipe

Real estate technology platform MoxiWorks recently announced the acquisition of ActivePipe, a lead nurturing platform for real estate professionals.

Cityscape from the East Boston Pier's Park
Boston Mayor to file plans to amend city’s Downtown Waterfront Municipal Harbor Plan

A municipal harbor planning process for East Boston is also in the works.

NAR issues statement on Russia-Ukraine crisis

The National Association of REALTORS® released an official statement this week regarding Russia’s invasion of Ukraine.

Boston is the third most expensive city for renters

Beantown is the third most expensive in the city for renters, according to a new report from Zumper.

Pending-home sales slide for third month in a row 

“Given the situation in the market — mortgages, home costs and inventory — it would not be surprising to see a retreat in housing demand.” — NAR chief economist Lawrence Yun 

New condos and apartments proposed for East Boston project

The proposed 2 Shawsheen Road project will be located on a 36,226-square-foot parcel of land along Shawsheen Road and Saratoga Street.

Massachusetts home sales fell as median prices climbed in January

Both single-family home and condominium sales fell last month from 2021, as median sale prices again hit new highs, according to a new report.

High prices, construction bottlenecks crimp new-home sales in January

“Builders are entering 2022 with backlogs that they are having a hard time completing due to material and labor shortages, and new-home prices are sitting near a historic high.” — First American Deputy Chief Economist Odeta Kushi

What do agents want from brokerage technology? @properties Christie’s International Real Estate investigates

@properties Christie’s International Real Estate has released the findings of a new survey focused on brokerage technology.

Rising interest rates could bring balance to the housing market

While rising interest rates may lead to more reductions in the housing supply, it may also bring some much-needed balance to the market.

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