Incoming governor promises to make housing more affordable, boost production

Lume is the newest addition to the company’s multifamily portfolio.

Boston had the second-lowest share of concessions.

For more than 10 years, Lifestory Research has released its highly anticipated study: America’s Most Trusted®. And the 2023 results are in.

The brokerage said its technology team, which was most affected in the previous round of cuts, will not be impacted this time. 

Geographically, the largest home-price increases took place in the Southeast, led by Florida (18%), South Carolina (13.9%) and Georgia (13.6%), CoreLogic reported, citing its November Home Price Insights report.    

The move comes despite a slowdown in the single-family rental market. 

Homes linger on market longer as buyers take their time

Meanwhile, existing home sales are falling as listings stay on the market longer.

See what Boston agents and brokers had to say about the state of the Bay State’s real estate market.

Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon.

This home for sale in Walhalla, South Carolina, is straight out of a storybook. Dubbed Walhalla Castle, the regal property is affixed with vaulted ceilings, a tall tower, gargoyle guards and even a real sword-in-stone!

Built in 1921, the OJ Mire General Store served the bustling Louisiana town of Thibodaux. Then, for years, it sat abandoned. Until now.

Whether it’s for a downtown condo high-rise or a suburban single-family or town home community, a sales model needs to do much more than simply reflect popular design trends or showcase name-brand furniture and decor.

Economic uncertainties, rising interest rates and low inventory continue to affect the market.

Regionally, the pending-sales index fell 7.9% month over month in the Northeast, 6.6% in the Midwest, 2.3% in the South and 0.9% in the West.