News / Features

Boston named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

Homes staying on the market longer, sellers feeling the pressure

The median age of inventory in Boston is 38 days, down from 47 before the pandemic began.

CoreLogic: September brings fifth consecutive monthly slowdown in home-price growth

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023. 

Greater percentage of Realtors® incorporating Instagram and LinkedIn into their work

The technology survey offers insights into how Realtors value technology and use social media.

PulteGroup COO to retire next year

The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field operations. 

New luxury Back Bay residence opens for occupancy

A newly constructed luxury residence at 212 Stuart St. is open to residents.

Boston mayor announces plans for revitalizing downtown

Mayor Wu releases report that includes a relaunch of BPDA’s PLAN: Downtown.

NAR: Pending-home sales drop 10.2% in September

September is the fourth month in a row to see declining sales activity. 

Mortgage rates top 7% for first time since 2002

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

New-home sales resume downward trajectory in September

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

MBA: Mortgage applications fall as 30-year fixed hits 21-year high

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers Association. 

Massachusetts named one of the safest states in the US

The Bay State also came out top when it comes to road safety.

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller

In Boston, home prices posted an 11.4% year-over-year gain in August, compared to a 1.3% gain in July. Month over month, prices fell 1.2%.

Home sales, listings take second-biggest hit on record

The only other time the market saw such change was at the beginning of the pandemic. 

NAR: Existing-home sales fall for eighth month in a row in September

Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before. 

September home sales decline, price increases slow

Last month had the fewest number of single-family sales in the month of September since 2014.

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