by Liz Hughes | Jul 16, 2021 | Real Estate Market
Homebuying competition lessens in Boston. Could the market be losing steam? The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago. Redfin is reporting that in June, 65%...
by Liz Hughes | Jul 15, 2021 | Real Estate Market
South Boston housing project to undergo massive redevelopment WinnCompanies has filed a letter of intent with the Boston Planning & Development Agency for a massive transformation of the Mary Ellen McCormack public housing project in South Boston, as the units in... by Timothy Inklebarger | Jul 14, 2021 | Real Estate Market
Will Gen Z be the mortgage generation? Millennials were once referred to as the “renter generation” because of their preference for apartment living in urban areas over purchasing a home in the suburbs like their Baby Boomer parents. That myth was busted, though, as...
by Liz Hughes | Jul 13, 2021 | Real Estate Market
Median rental price hits highest point in two years The median rental price hit its highest level in two years in May, according to Realtor.com’s Monthly Rental Report. Nationally, rental prices increased 5.5% from last year, an increase the report attributes to...
by Liz Hughes | Jul 12, 2021 | Real Estate Market
How does Boston rank for first-time homebuyers? First-time homebuyers grew 14% last year from 2019, according to WalletHub’s 2021’s Best & Worst Cities for First-Time Home Buyers, which breaks down the best and worst places for homebuyers to settle down. Of the...
by Julia Carpenter | Jul 8, 2021 | Real Estate Agent
For Some Millennials, a Starter Home Is Hard to Find Mark Lipczynski for The Wall Street Journal The shortage of available starter homes feels like yet another hurdle blocking some millennials’ path to traditional money milestones. “It just feels like every little...
by Liz Hughes | Jul 5, 2021 | Real Estate Market
New listings growth seen across U.S. markets in June Housing markets across the country saw new listings growth in June, as the median list price hit yet another all-time high, and Boston was no exception. In June, new listings nationwide increased 10.9% from May and...
by Eric Peck | Jun 15, 2021 | Mortgages and Mortgage Loan News
Rebound in Job Market Offsets Housing Pessimism The latest Fannie Mae Home Purchase Sentiment Index (HPSI), a measure of consumers’ views and forward-looking expectations of housing market conditions, declined in February by 1.2 points to 76.5. Year-over-year, the...
by David Wharton | Jun 14, 2021 | Mortgages and Mortgage Loan News
Turning Around Turn Times Here are some ways lenders can tackle costs and time-to-close in originations. The post Turning Around Turn Times appeared first on theMReport.com. Homebuyers: For access to all listings and to find a homebuyers real estate agent that will...
by Erica Sweeney | Jun 6, 2021 | Real Estate Agent
How To Buy Land To Build a Home: How Much Land Costs, and More Vladimir Vladimirov / Getty Images Building a home involves a series of decisions. The first is where to build—and that means you’ll need to purchase a plot of land. There’s something thrilling about the...