Residential Real Estate

NAR Keeps Pocket Listing Policy, Adds New Wrinkle
The National Association of Realtors’ anti-pocket listing policy is here to stay, the trade group announced Tuesday morning. But it’s got new options.
Presidential Plans Raise Anxiety in Housing Sector
In the market for a newly constructed house? You might want to hurry. Soon, new homes are likely to cost more and take longer to build.

Sales Activity Picked Up In February
Sales activity increased in February, a possible indicator that buyers may indeed be coming off the sidelines even as the number of homes coming onto the market shrank further.

New England Continues to See Inventory Drop
Heading into the spring home-sales market, inventory in New England’s biggest metro areas had fallen even further behind last year.
Showing at a Moment’s Notice
Houses are meant to be lived in – except when they are for sale. That’s when they switch from a home to a commodity: a place that has to be ready for prospective buyers at a moment’s notice.

$1T Worth of Boston Homes in Danger of Wind Damage
It’s not just flooding you have to worry about: Huge numbers of Boston-area homes could be damaged by high winds in storms made worse by climate change.

What Impact Will Blockbuster Rocket-Redfin Deal Have on Mass.?
The Detroit-based mortgage company said this week it plans to buy brokerage and listings portal Redfin in an all-stock transaction valued at $1.75 billion.

New Data Shows Rise of Boston’s ‘Rich Renters’
Boston is among the many U.S. metropolitan areas that have seen wealthy renters take up a bigger piece of the rental-market in recent years.

Two Mass. Housing Markets Named to List of Hottest 10
Massachusetts had three markets in a ranking of “hottest markets” measured by median days on market.

Personnel File – No. 399
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Beware Pre-Closing Pitfalls
It takes about 43 days, on average, to go from signing a contract on a house to reaching the settlement table. And between those dates, bunches of things can go haywire and scuttle the deal.

Shant Banosian Is Rate’s New President, But He’ll Still Lead His Team
Banosian originated over $1 billion in mortgage volume last year, mostly in Massachusetts, making him the top loan officer in the country.

EXp CEO Expects US Home Sales to Rise in Buyer-Friendly Market
Leo Pareja, CEO of real estate brokerage eXp Realty, thinks home shoppers in places like Florida and Texas will have leverage when it comes time to negotiate with sellers.

Wealthy Vacation Home Buyers Add to Cape, Berkshires Rental Crunch
Vacation home-owners once rented to year-round residents in the off-season. Now they lean toward short-term rentals, and it’s pulled at least 9,000 homes off the rental market.
Negotiation Questions Every Agent Should Master Now
Whether you’re a new or an experienced agent, a quick way to kill any negotiation is to use “tell and sell” mode rather than asking questions.
EV Sales Just Hit a Record. So How Do You Add a Charger to a House?
Sales of electronic vehicles continue to increase every year. And with that comes greater demand for at-home EV charging stations.

Canceled Pending Home Sales on the Rise, But Boston Still Below Record
The share of buyers backing out of pending home sales nationwide has hit a new record, according to a new report from Redfin, but in the Greater Boston the trend isn’t nearly so pronounced.

Community Good Works
Residential brokerage Jack Conway gave $500 to the Crohn’s & Colitis Foundation after the nonprofit was selected by one of its agents who won the right during a raffle at the company’s annual conference. See who else gave back.

Brookline Bank Joins Big First-Time Homebuyer Programs
Brookline Bank is the latest financial institution to participate in the Massachusetts Housing Partnership’s ONE+ and ONE+ Boston first-time homebuyer programs.

Personnel File – No. 398
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.