by Sam Minton | Sep 22, 2024
If the state’s housing supply doesn’t also get a significant boost, some worry that a pulse of new aspiring homebuyers might only send demand – and thus prices – higher and higher.
by James Sanna | Oct 17, 2023
Just as the salary needed to afford the median-priced home in Greater Boston jumped nearly 23 percent, the new tool is intended to match borrowers to down payment assistance programs.
by Banker & Tradesman | Oct 10, 2023
Berkshire Bank announced last week it had started a down payment assistance program for first-time homebuyers struggling to overcome the region’s high home prices and high interest rates that look set to continue for some time.
by James Sanna | Sep 11, 2023
A new poll suggests a huge swath of the biggest generation in America right now see huge barriers to achieving homeownership for themselves.
by Lew Sichelman | Apr 3, 2022
The Build Back Better legislative package championed by President Joe Biden contains billions for down payment assistance. But rookie buyers don’t have to wait for Congress to act – if it ever does.
by Banker & Tradesman | Mar 25, 2022
Millennials now make up the largest segment of American homebuyers, new research from the National Association of Realtors has concluded.
by Bernice Ross | Jan 9, 2022
Zillow also announced a game-changing partnership with DownPaymentResource.com last month that will add down payment assistance information to each listing. Believe it or not, this can be a boon for a real estate agent’s business.
by Banker & Tradesman | Oct 31, 2021
Boosting first-generation and first-time homebuyers has become popular among banks and politicians looking to boost their communities. But without commensurate effort to boost home building, these efforts will come to naught in the face of plenty of all-cash offers.
by Diane McLaughlin | Oct 31, 2021
From Boston’s mayoral race to the Biden administration’s Build Back Better agenda, boosting homeownership rates is being held up as the most important solution to reducing the wealth gap between white households and people of color.
by Bernice Ross | Oct 3, 2021
Fall selling season is upon us. To maximize your production for the rest of 2021, carefully targeting how you spend your marketing dollars is crucial.
by Heather Beasley Doyle | Jul 4, 2021
FHA loans are exploding in popularity. But their users – often Black and Latinx first-time buyers – can lose in multiple-offer situations. What can be done?
by State House News Service | Jun 23, 2021
The House on Tuesday rejected Gov. Charlie Baker’s request to immediately spend $2.8 billion in federal COVID-19 relief money, including $1 billion on housing initiatives
by Banker & Tradesman | May 23, 2021
This year on Realtor Day on Beacon Hill, the strength of our collective involvement will be on display via remote platforms as we head into what we hope is the home stretch of the COVID-19 pandemic.
by Banker & Tradesman | May 16, 2021
Dismantling the structures that perpetuate inequities for Bostonians should be a high priority for the next mayor. The reality is the future of the entire city of Boston depends on it.
by Lew Sichelman | Apr 25, 2021
Over the next few months, the White House is likely to propose two major tax changes that could impact the housing sector. These two ideas, however, should be chucked in the circular file.
by Susan Gittelman | Apr 11, 2021
Homeownership rates among nonwhite Massachusetts residents are much lower than those of white families. This creates dire implications for generating wealth in communities of color.
by Banker & Tradesman | Feb 4, 2021
Bank of America plans to triple the investment in its affordable homeownership initiative in 50 of its market areas, including Greater Boston.
by James Sanna | Jan 29, 2021
A major community bank on the South Shore says it will make buying a home in its home city of Brockton easier and launch an internship program in an effort to simultaneously diversify its ranks and attack the racial wealth gap.
by Banker & Tradesman | Jan 17, 2021
CATIC fully supports the courageous efforts of those who are conscientiously working every day to change our society for the better by standing up for equality, equity and justice for the African American community, writes its chief compliance officer, Robert Hogan.
by Bernice Ross | Nov 29, 2020
As we head into the end of 2020 and plan for 2021, where can you market your business to obtain the highest return for your time and money?
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