Residential Real Estate
Two Unlikely Cities Join List of Hottest Markets
Two previously hardscrabble, post-industrial cities are snagging westward-bound homebuyers escaping higher real estate prices in the Greater Boston area.
These Places Pay You to Move There
The much-discussed recent exodus to the hinterlands hasn’t included everyone. But some places, in need of fresh blood and a greater tax base, will actually pay you to move there.
IRS Plans Back-Taxes Crackdown on 1.6K Millionaires
The IRS announced on Friday it is launching an effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes.
Few Boston-Area Homes Sold at a Loss Over the Summer
New data shows that a tiny proportion of Boston-area homes are selling for less than their owners paid thanks to a supply of homes for sale that’s shrunk much faster than demand as interest rates rose over the last 18 months.
With Rates Higher for Longer, Where Does that Lead the Housing Market?
Federal Reserve Chair Jerome Powell made clear in his Jackson Hole speech last month that we’re in for an extended period of elevated interest rates. But what that means for the Massachusetts housing market has more than one answer.
Letter to the Editor: NAR Allegations Should Prompt Reflection
The details of the allegations involving the National Association of Realtors should prompt every member of the association, and our society, to pause and reflect.
How to Sell a House in a Down Market
Increased interest rates, soaring inflation and lack of inventory are exerting downward pressure on prices as the market continues to sputter in other parts of the country. Are you to thrive in tomorrow’s potential housing market?
Banker & Tradesman’s Editorial Cartoon: Out of Reach
With mortgage rates at a record high and likely to stay that way, today’s would-be buyers feel more than a little insufficient.
Homeowners Could Win Big from Biden Law
Homeowners, which of these consumes more energy in your house: space heating or water heating? Either way, Uncle Sam is ready to help you pay for some energy-efficient upgrades.
New Bedford Brokerage Acquired by Robert Paul Properties
Berkshire Hathaway HomeServices Robert Paul Properties has bought a fellow BHHS affiliate serving the South Coast.
Mass. Brokerage Leaders Respond to NAR Harassment Investigation
Two prominent Massachusetts real estate industry leaders are speaking out in the wake of explosive allegations against 2023 National Association of Realtors President Kenny Parcell.
NAR President Quits After Explosive Sexual Harassment Investigation
Kenny Parcell has resigned his post after 19 NAR staffers and members accused him of sexual harassment in an investigation published Saturday.
Time for Investors to Bail on Housing Market?
Small-time investors who flocked to the housing market in recent years have done well. But it’s now time to sell, said one of the nation’s top housing economists.
Lessons from the Sumner Tunnel Closure Should Shape the Future of Commuting
Data shows Boston commuters ditched the drive for mass transit this summer. Massachusetts can learn from the experience and try to make those choices permanent.
Mortgage Rates Hit New 22-Year High
The average long-term mortgage rate climbed further above 7 percent this week to its highest level since 2001, another blow to would-be homebuyers.
One Dalton Developer Brings in New Brokerage
With 17 condominiums lingering unsold since Boston’s One Dalton tower opened in 2019, the building’s developers are switching horses and bringing in a new brokerage to move the units.
New Construction Makes Up Nearly 1 in 5 Boston Houses for Sale
With most homeowners who might have sold in other years sitting tight, the share of newly-built homes in the Greater Boston housing market has nearly doubled in a single year.
Fed Money to Fund Dorm-to-Shelter Lease
Nearly $2 million in federal dollars will flow into Massachusetts and Boston city coffers to tackle the migrant housing crisis, with the money arriving just over a week after Gov. Maura Healey declared a state of emergency due to strained shelter systems.
Luxury Homes Underperform Amid Boston Tower Openings
Owners of luxury homes in Boston can take solace in this fact: At least they’re not in San Francisco, even as new data shows the region’s high-end housing market is moving noticeably slower than the rest of the sector.
Multigenerational Buying on the Rise
Prior to World War II, many extended families, lived together under one roof. And over the last few years, it has gained steam because of a number of factors – the pandemic and high housing costs among them.
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