How to Get a One-of-a-Kind Home, The Easy Way
Even though I live in a custom-designed house, I don’t recommend designing your own place from scratch. It’s not for everyone.
Remodeling Forecast Says Spending Will Decline This Year
The latest forecast from Harvard University’s Joint Center for Housing predicts that a slump in Americans’ remodeling spending may be in store this year.
GSIR, Cronin Group Settle Lawsuit
One of Boston’s prominent luxury brokerages and the developer behind a new Seaport District condominium tower have buried the hatchet in a dispute over allegedly unpaid sales commissions.
Mass. Home Prices Kept Rising in March
Year-to-date, there have been 3,482 condo sales, a 6.2 percent decrease from the first three months of 2023 with a median sale price of $520,000, an 8.3 percent increase on the same basis.
Worried About Your Commission? Learn to Show Your Value
Buyer’s agent compensation offers seem set to disappear from your local multiple listings service by this summer. And the effects will be wide-ranging.
Door Opens to Flip a House for Yourself, Not Profit
High mortgage rates, soaring house prices and rising construction costs have driven many flippers out of the market. And with their exit comes a great opportunity for people eager to buy a fixer-upper of their own.
March Inflation Reading Means ‘Bad News’ for Mortgage Rates
Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in a report that will likely give pause to the Federal Reserve as it weighs when and by how much to cut interest rates this year
Lamacchia Realty Buys NAR President’s Brokerage
The state’s largest independent residential real estate brokerage now owns the home base of National Association of Realtors President Kevin Sears.
Fixed-Rate Loan Payments Can Go Up
If you have a fixed-rate mortgage, your payments will always stay the same, right? Wrong. Taxes and insurance premiums invariably rise – which means your house payment does, too.
Millennials Back to Being Nation’s Largest Group of Buyers
Millennials have surged ahead to become the largest group of homebuyers, marking a significant shift in the housing market’s demographic landscape, according to the latest report from the National Association of Realtors.
Poll: 3 in 4 Boomers Don’t Want to Sell as They Age
A new survey of Baby Boomers and members of the Silent Generation commissioned by brokerage and listings portal Redfin has dismaying news for anyone hoping for a “silver tsunami” of downsizers bringing their houses to market.
Did a Warm Winter Juice Spring Listing Data?
Early-year data from several sources has shown an uptick in sold homes and new listings. But some are skeptical that the state is seeing signs of a market becoming unstuck.
Setting the Record Straight on the NAR Settlement
The reporting on the recent $418 million settlement with the National Association of Realtors and several large national brokerage companies has been so atrocious that I must jump in.
Compass Pays $57.5M to Join Commission Suit Settlement
Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions, the company said in a regulatory filing Friday.
How Mass. Brokerages Are Adapting to NAR Settlement
Many real estate agents across the state are already altering how they interact with home buyers and sellers in the wake of the surprise decision by the National Association of Realtors to settle pending lawsuits over agent commissions.
Put Your Listings to the Nose Test
Nothing turns up buyers’ noses faster than a smelly house. They walk in, stop, take a whiff and are ready to turn around and leave. Some won’t even go beyond the front door.
Mass. Single-Family Sales Flat, Median Price Spikes
The report comes after economists at listing portals Redfin and Zillow reported last week that Greater Boston saw an uptick in new listings in February.
Personnel File – No. 364
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Which Comes First? A Buyer’s Dilemma
Young people have many options when it comes to homeownership – perhaps too many. Should they get married first or buy their first home? Buy a dream car or a house? Find a dream house or a dream mortgage rate?
What’s Next for the Spring Market?
Whether you’re a brand-new agent or a 40-year veteran, I sat down with market intelligence expert Rick Sharga to get the answers you need to cope with what’s ahead.
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