News / Features

Zillow brings Opendoor offers to its platform

Sellers using Zillow may request and view an offer directly from Opendoor and compare it to an open-market sale with a real estate agent. 

Boston has the nation’s second-highest average monthly rent at more than $4,800

Boston’s average monthly rent is $4,878, a 17.4% increase from the previous year.

Rental and homeowner vacancy rates still near historic lows, Census data shows

The national rental vacancy rate dropped to 5.6% in the second quarter of the year while the homeowner vacancy rate remained at 0.8%.

Mortgage rates fall below 5% — for the first time since April

The 30-year fixed-rate mortgage averaged 4.99% as of Aug. 4: down 0.8% from last week. The news marks the first time since April that mortgage rates have dipped below 5%.

The worst neighbor annoyances — ranked

Are your neighbors the worst? Whatever it is that grinds your gears, you can bet it comes in on this list of the top neighbor frustrations.

Boston honored at 2022 World Cities Summit

Boston was the only U.S. city recognized in the 2020 awards cycle.

BidMyListing platform met with questions as it expands nationally

The platform, which recently announced its entry into markets across the country, is led in part by Josh Altman of Million Dollar Listing.

CoreLogic: Boston home-price increases lag national average in June

Home prices were up 10.9% in Boston on a year-over-year basis, compared to 18.3% nationwide, CoreLogic reported, citing its Home Price Index. 

Massachusetts ranked No. 1 public school system in the US

WalletHub compared public school systems in all 50 states and the District of Columbia across 32 key metrics based on quality and safety.

New affordable housing community opens in Beverly

The first phase of Anchor Point, a new affordable housing community, has opened in Beverly.

After May bump, pending-home sales hit June dip

“Contract signings to buy a home will keep tumbling down as long as mortgage rates keep climbing, as has happened this year to date.” — National Association of Realtors chief economist Lawrence Yun  

Federal Reserve raises interest rates by .75% — again

Matching June’s historic move, the Federal Reserve announced that interest rates are rising .75%. The target range for the federal funds rate now sits between 2.25% and 2.5%.

Three Massachusetts towns make best places to live list

Livability’s annual ranking is based on reviews of more than 2,300 cities using more than 50 data points measuring economic stability, housing, amenities, infrastructure, demographics, social and civic capital and health care. 

S&P Corelogic Case-Shiller Index: Boston home prices rise 15.7% in May

“Housing data for May 2022 continued strong, as price gains decelerated slightly from very high levels,” Craig J. Lazzara, managing director at S&P DJI, said.

June new-home sales drop 8.1% month over month

At the same time, the inventory of new homes for sale rose 10.7%, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.

Single-family housing starts fall for fourth month in a row in June

The pace of new multifamily construction, however, jumped, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

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