Residential Real Estate

Refuges from Boston’s Housing Market Are Disappearing
Some of the last remaining escape hatches from Greater Boston’s grossly overpriced housing market – Worcester and Providence – are starting to close. And unfortunately, local NIMBYs seem determined to make the problem worse.

Equity, Reproductive Rights Help Mass. Climb in ‘States For Business’ Rankings
A popular ranking of states’ business climates is beginning to put more emphasis on things like reproductive rights, equity and inclusion.

No Sign of Sellers’ Return to Mass. Housing Market
In what’s become a familiar refrain for Massachusetts housing market-watchers, a trio of data reports issued Monday showed for-sale inventory significantly down in July, and prices rising.
Go Bigger on Accessory Dwelling Units
A provision in the so-called “YIMBY Bill” before the state legislature that would legalize accessory dwelling units on all residential properties statewide is an excellent idea. But Beacon Hill should think even bigger.
When the House Comes with a Tenant
It doesn’t happen often, but every once in a while, would-be buyers run across a house for sale that also comes with a tenant. And that means the sale requires some special handling.

Hot Property: 55, 59 and 63 Brucewood St.
“Brucewood Homes demonstrates our commitment to collaboration, craftsmanship and pushing the boundaries to design buildings that address the issues of climate change. This project celebrates what we believe in: that our work enhances a sense of place, and often the simplest forms can make the biggest state.”

Community Good Works
Fitchburg-based IC Credit Union awarded five $1,500 scholarships to local high school seniors. See who else gave back.
Housing ‘Extras’ Add Up
Homebuyers who focus solely on the cost of their mortgage’s interest and principal are doing themselves a disservice. There are other recurring costs that should be factored into the decision.
Celebrating Joy in Justice
If you’re trying to make change in your organization, fatigue – yours and your coworkers’ – can be a huge obstacle. Here are three ways to help get around that and keep momentum going.
Experts Believe Mortgage Rates Are Heading Modestly Lower
Rates are far from all-time highs, but it’s important to remember that as inflation cools, so might mortgage rates despite the Federal Reserve’s most recent interest rate decision.

Longer Homeowner Tenure Means Agent Roles Will Change, NAR Says
With Baby Boomers outbidding Millennials and Generation X in many home sales, economists at the National Association of Realtors say real estate agents should start thinking differently about what their clients need from them.

Personnel File – No. 341
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.

Study Pinpoints Magic Mortgage Rate to Spur Sales
The idea that 5 percent is the magic average mortgage interest rate for unlocking the housing market just got some more data behind it.

Tax Relief Waits as Negotiators File $56.2B Budget Accord
Legislative negotiators filed a compromise $56.2 billion annual state budget Sunday night, but House and Senate Democrats did not reach an agreement on tax relief.
Shopping for Mortgages Can Save Your Buyers Money
According to a new report from the CFPB, all buyers, not just rookies, can save a significant amount of money if they shop for the best deal on their mortgage.
Women are the Masters of the Financial Universe – They Just Don’t Know It Yet
As the Baby Boomer men die off during the next five to eight years, women will have sole control over an astounding $32 trillion dollars of the country’s wealth. Sadly, many women are totally unprepared to handle what’s ahead.

New SEC Rule: Disclose Cybersecurity Breaches in Four Days
“Whether a company loses a factory in a fire – or millions of files in a cybersecurity incident – it may be material to investors,” SEC Chair Gary Gensler said in a statement.

June Home Sales Data: ‘Mass. Never Been Less Affordable’
Sales activity for both single-family homes and condominiums declined in June on a year-over-year basis, as median sale prices reached new all-time highs, according to a new report from The Warren Group.

Glimmers of Hope? Or Grasping at Straws?
Two recently released reports raised hopes that the real estate market in Massachusetts might be reheating a bit after months of slower-than-normal activity.

Hunting for Sellers in a Tight Market
Alison Socha’s 23 years in real estate started with a personal connection. As a teenager, she babysat Linda O’Koniewski’s children long before the now-CEO of Leading Edge Real Estate had worked her way into her leadership position.