The Canal Real Estate School announced yesterday that it will now offer online-only classes. The school is closing its Sagamore Beach classroom as it relocates to Boston and re-brands as the All ONLINE Real Estate Academy.
Larry Rideout was a hardworking, ambitious young man, but claims he wouldn’t be where he is today without the encouragement of two strong women in his life: his mother and his wife, Patty.
The Cambridge City Council unanimously passed an amendment to the Zoning Ordinance for Inclusionary Housing Monday night, increasing the amount of affordable housing that will be included in new Cambridge developments to 20 percent of residential floor area in new developments.
The National Low Income Housing Coalition commended U.S. Rep. Maxine Waters (D-CA) for introducing the Ending Homelessness Act of 2017 last month. In a statement the group called the bill “a comprehensive plan to ensure the lowest income people and families America have safe, decent and affordable homes.”
There’s a lot going on over at PHH these days. In addition to mounting an expensive – and so far successful – challenge to the constitutionality of the CFPB in federal court, laying off staff, and downsizing and refocusing its business as the result of heavy financial losses, the company announced a major leadership shakeup last week, with hints of more to come.
The overall performance of first-lien mortgages continues to improve and the number of loans in delinquency continues to decline, according to the Office of the Comptroller of the Currency’s most recent quarterly report on mortgages.
Are you getting fleeced on appraisal charges when you buy a house or refinance?
A report released today from CoreLogic, a global property information and analytics firm, concludes that nearly 7.8 million homes were lost nationwide in the decade following the peak of the U.S. foreclosure crisis.
New home mortgage applications were up 2.2 percent in February, compared to February 2016, according to the Mortgage Bankers Association’s Builder Application Survey.
First-time homebuyers are finding it increasingly difficult to purchase a home in Massachusetts as prices and low inventory have significantly increased competition in the market, according to the 2016 Massachusetts Profile of Home Buyers and Sellers from the National Association of Realtors.
Michael Carucci has had a long and storied career in Boston’s ultra-luxury real estate market, and he said he’ll never retire. He’s had a lot of success and taken his share of shots on his way from growing up in public housing in Somerville to his home overlooking Boston’s Public Gardens in the Four Seasons. Today, he and his team broker fewer than 25 deals a year, but they’re all multimillion-dollar properties. His 10-year battle with the Department of Justice left him with thick skin, but he’s still emotional when talking about the impact it had on his family.
Single-family home sales and prices in Greater Boston have in many cases surpassed their pre-crash peak, but the data for cities and towns outside Route 128 tell a different story.
Through the end of July 2015, the median sale price of a single-family home in the Bay State was $340,000, versus $355,000 in 2005. For the cities and towns outside of Route 128, it was just $295,000, down 8.45 percent ($36,000) from the July 2005 year-to-date numbers, according to data from The Warren Group, publisher of Banker & Tradesman.
A new survey by real estate portal Zillow of potential homebuyers’ confidence in the market shows American renters are growing more confident in the housing market. Across the country, more than 5 million renters are planning to buy a home this year, including about 35,000 in the Boston area.
A sale in a new high rise made the cut on next week’s Gossip Report.
The city of Brockton and NeighborWorks Southern Mass. are sponsoring a new homeownership that will provide $400,000 in down payment grants to first-time buyers.
A new survey from the National Association of Realtors (NAR) shows younger buyers rising to become the largest share of home purchasers in 2014, with Millennials the most likely cohort to use a real estate agent for their purchase.
Needham-based Kriss Law/Atlantic Closing & Escrow hosted its spring real estate agent education event this week, one of the state’s largest professional education programs, with more than 800 local agents attending the program Monday at the Newton Marriott.
