News / Features

The Procopio Companies wins award for Lynn project

The company earned an NAHB Best in American Living Award for Green Community for its Caldwell development project

Mortgage applications fall to pre-pandemic low as rates rise 

Mortgage applications fell more than 13% in the most-recent week tracked by the Mortgage Bankers Association’s Market Composite Index, while interest rates continued to rise. 

Coldwell Banker exec named president, CEO of MLS PIN

Erminio Grasso is the new head of New England’s largest multiple listing service.

Luxury Colorado lodge for sale — and it comes with the town

In Saguache, Colorado, a monument to the Old West is for sale. Dubbed Old Cow Town, the property is a frontier replica, complete with a luxury lodge.

Despite strong demand, builder confidence ebbs in February on supply-chain woes 

“Production disruptions are so severe that many builders are waiting months to receive cabinets, garage doors, countertops and appliances.” — NAHB Chairman Jerry Konter 

Two Boston housing projects receive $7.5 million in grant funding

The funding will provide significant investments in mixed-income housing in Charlestown and Jamaica Plain.

Jack Conway unveils new branding and team leadership

The new brand marries the modern vision and timeless values of its founder Jack Conway and remains a guiding principle for his daughter and President and CEO Carol Bulman

Existing-home sales come roaring back in January

The sales pace of existing homes surged 6.7% in January after falling in December, as buyers got off the fence and went shopping ahead of rising interest rates, the National Association of Realtors reported.

Low inventory, softening sales hit the Greater Boston housing market

January home and condo sales activity tumbled from December.

Housing starts fall in January

Single-family housing starts fell 5.6% from December’s revised estimate to 1,116,000, while multifamily starts slid 2.1% to 510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.

Massachusetts home sales reach highest level since 2006

Bay State home sales reached their highest level since 2006 in January, while median sales prices started showing signs of softening.

U.S. foreclosures are the highest since pandemic’s start

January foreclosure filings were the highest since the start of the pandemic, according to a new report. 

BPDA approves two new residential developments in Brighton and South Boston

Combined, the two projects will bring more than 40 residential housing units to the area.

Mortgage applications fall more than 8% 

The average contract interest rate for 30-year fixed-rate mortgages backed by the Federal Housing Administration increased to 3.93% from 3.86%, the Mortgage Bankers Association said. 

Boston mayor proposes fees on real estate sales over $2 million

The funds would be used to create additional affordable housing and give tax relief to low-income seniors.

Reference Real Estate opens in East Boston

Founded by Seth Williams, Reference Real Estate serves the Greater Boston, North Shore and South Shore areas of Massachusetts.

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