The hire follows the December 2022 firing of the homebuilder’s senior vice president for field operations, who had been tapped to become COO on Jan. 1. 

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 

Despite a dip in median sale prices, housing inventory continues to be an issue across Massachusetts, and there are no signs of the market softening anytime soon.

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 

Lawrence has a median price per square foot of $254, a 60% difference compared to Boston.

Realtors will be required to complete two hours of training every three years beginning in 2025. 

Boston’s April average home value and pending sales rose from March as new inventory fell

The mortgage industry decried the proposed loan-level pricing adjustment for borrowers with higher debt-to-income ratios. 

A recent study used MLS data from 200 U.S. cities to determine which city offers the most square footage for $1,500 per month.

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

Price hikes are slowing down and inventory is up — generally — but less expensive homes are bucking larger market trends. According to Zillow, the price of bottom-tier homes increased 8% year over year, while bottom-tier inventory increased just 1%.

Redfin has launched a ChatGPT plug-in to help buyers find their new home, a potentially powerful tool in their arsenal as today’s homebuyers work to find the perfect home.

Ashlar Park, developed by FoxRock Properties and managed by Bozzuto, is a five-building apartment community on 15 acres on the site of the former Quincy Medical Center. 

NAR Chief Economist Lawrence Yun said the Federal Reserve’s latest increase in its benchmark interest rate is an unnecessary threat to many small regional banks.

Today’s first-time homebuyers are not only faced with higher interest rates, but the amount they need for a down payment is making for significant challenges, even right here in the Bay State.

The brokerage says the “business communities” — KW Operations, KW Wellness and KW Clarity — provide agents with specialized training, technology, coaching and referral opportunities.