News / Features

Two views on what the Fed’s latest interest-rate hike means for real estate

Two economists expressed concerns about the real estate industry in the wake of the Fed’s decision to raise interest rates by three-quarters of a percent. 

The Procopio Companies promotes four team members

The promotions follow the hiring of the company’s new director of operational excellence and the company’s first CFO.

Archeologists to dig at Roxbury site that may have housed enslaved

The property was designated a landmark in July of 2021 and sits at what is believed to be the location of the former Shirley-Eustis House.

Report finds buyers and sellers hesitant to enter the market

Over the summer homebuyers and sellers alike took a big step back amid rising interest rates and recession fears.

August home, condo sales continued to decline

Rising interest rates, inventory issues and inflation concerns contributed to the drop.

Real Estranger Things

Enter the Upside Down… in Fayetteville, Ga! The famous Byers home from “Stranger Things” is officially on the market.

NAR: Existing-home sales fell in August while prices rose

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

NAR: Charitable giving by REALTOR® associations increased 20% in 2021

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

Housing starts surprise to the upside in August

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

Builder confidence falls for ninth consecutive month

A continuing combination of increased interest rates, supply-chain disruptions and high home prices has sapped homebuilder sentiment every month this year. 

Affordable housing project approved for Mission Hill

The Boston Planning & Development Agency approved the project at its September meeting.

Sellers lose the upper hand as mortgage rates rise

The housing market is starting to become more balanced.

30-year fixed tops 6% for first time since 2008 in latest MBA survey

Mortgage applications declined 1.2% during the week ended Sept. 9, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. 

Boston mayor challenging city’s 2020 US Census count

Accurate population counts help determine the needs of residents and guide the allocation of resources across the city.

Developer looks to turn former Jamaica Plain church into housing

This isn’t the first time the church, which has stood empty for more than a decade, has been considered for redevelopment.

Boston named among the 10 U.S. cities with the worst housing shortages

Boston ranks No. 4 among major U.S. cities with the worst housing shortages, according to an analysis by Angi.