Taming Accelerating Housing Costs
Producing multifamily housing in the commonwealth continues to be a challenge. One of the obstacles to building the new housing we so desperately need has been a sharp increase in the cost of construction.
Low-Fee Brokers Look Increasingly Appealing
Selling your house doesn’t need to cost as much as most agents charge. How does 1 percent of the selling price grab you? Or a flat fee of around $500?
The Gossip Report: June 23, 2025
This week’s fifth spot is taken by a new construction home with six bedrooms and nine bathrooms. Though the lot is small, the house is large, at nearly 5,000 square feet of modern luxury. Per its listing, this home “offers the best of Nantucket living.”
Home Flipping Profits Drop in First Quarter
Data analytics firm Attom released its first quarter home flipping report, finding that profits from flipped sales are down compared to last year.
Median Single-Family Sale Price Hits $666K in May
Despite constraints by rising prices, historically high mortgage interest rates and limited inventory, the number of single-family home sales in Massachusetts increased 2.4 percent compared to May 2024, and 2.2 percent for the year.
Inventory Growth Leads to Increased Price Cuts
While the residential real estate market has largely been tipped in the favor of home sellers, increased inventory is leading to more price cuts.
Celebs Help Sell Houses, Loans
A spokesperson doesn’t necessarily need to be super famous, but they should at least be recognizable.
Lexington Waits for Next Shoe to Drop
Lexington officials and voters embraced the spirit of the MBTA Communities law – and exceeded its requirements – when they approved an ambitious plan in 2023 that could allow construction of nearly 13,500 multifamily housing units. The volume of the development proposals surprised officials and animated opponents.
Residential Real Estate Well Positioned to Quell AI Concerns
As developments in artificial intelligence continue, including tools that claim they can usurp the role of a human agent, the residential real estate industry isn’t concerned about losing jobs to AI; rather, agents say it can improve the job performance of existing agents.
The Gossip Report: June 16, 2025
The home in this week’s fourth spot is full of mystery.
MassHousing Expands Down Payment Assistance Program
MassHousing has expanded its down payment assistance mortgage program.
Wealth Surtax May Generate $3B
State budget honcho Matthew Gorzkowicz told municipal officials Tuesday that the state is on track to rake in nearly $3 billion from its surtax on household income greater than about $1 million, more than double the estimate used to craft this year’s budget.
Boston Luxury Home Price Gains $1M in 5 Years
The median sale price of a luxury home has surged in Boston in recent years, according to a new report from Redfin.
Investor Selling Activity Stays Flat in New England
While investors aren’t purchasing as many single-family homes compared to prior years, they are selling more of these properties, according to a new report from Realtor.com.
The Gossip Report: June 9, 2025
An Arts-and-Crafts-style mansion in Brookline with some striking interior renovations takes the third spot in this week’s Gossip Report.
U.S. Home Inventory Passes 1M While New England Sees Gains
Current prospective homebuyers have more choice than ever in where they put offers in, as unsold listings pile up across the country.
St. Regis Penthouse Listed for $49M
A 10,000 square-foot penthouse topping the St. Regis Residences, Boston condominium tower is testing the demand for uber-luxury living with an asking price of $49 million.
Massachusetts Home to Lowest Rates of Zombie Mortgages in Nation
According to an analysis by real estate data firm Attom, Massachusetts has some of the lowest rates of so-called “zombie mortgages” in the United States.
Boston Still Has a Lot Fewer Sellers than Buyers
Elsewhere in America, homeowners may have to wait before a buyer comes along. But not in Greater Boston.
As Sales Flatten, Homeownership Loses Luster for Some
This spring has seen more homes hit the market in Massachusetts than in several years, but high costs still seem to be dampening buyer demand. Could buyer fatigue be part of the reason?
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