News / Features

Surprise surge in new-home sales in May as median price falls

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

Mortgage payments up 45% in Boston, as housing affordability hits 15-year low

The hit to affordability has lessened demand, eased price growth, slowed sales and boosted inventory

The Massachusetts housing market is showing signs of cooling

Dawn Ruffini, MAR president, said the biggest issue the market is facing is the shortage of houses. 

Touchstone announces new attorneys, CFO and office

Touchstone has brought on new attorneys, opened a new office and welcomed a CFO.

More than 175 affordable housing units approved for Roxbury and Dorchester Projects

The Boston Planning & Development Agency gave the green light to two projects that will bring a combined 179 affordable-housing units to Roxbury and Dorchester.

Median existing-home price tops $400,000 for first time in May

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Boston home sales fall 8.8% year over year in May

Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.

Housing starts plunge in May amid uncertain economic conditions

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Fed hikes interest rates 0.75% — what it means for real estate

The Federal Reserve raised interest rates by .75%: the sharpest increase since 1994. How will that affect real estate?

Compass and Redfin announce layoffs

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Is the ‘lumber bubble’ finally bursting?

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

Ranking every state by its most expensive home listing. Where does Massachusetts land on the list?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.

Greater Boston Real Estate Board Foundation to award $600,000 in scholarships

This year the fund will grant more than 70 scholarships to Boston-area students.

Great location — adjacent to Jurassic Park

Your dream home is ready for excavation in Cleveland, Ohio. With large dinosaur statues playing out prehistoric scenes, this three-bedroom colonial is like no other home on the market.

Chinatown parcel to be developed into 100 units of affordable housing

A Boston Planning & Development Agency-owned piece of land in Boston’s Chinatown neighborhood will soon be home to 100 units of affordable housing and a new Boston Public Library branch.

Half of Americans are brought to tears while buying a home

A new Zillow survey revealed that 50% of Americans cry while buying a home, with Gen Z and millennial buyers far more likely to shed tears at least once during their home-buying journey.

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