Single-Family Home, Condo Activity Surges in December, Sets Year-End Records
Massachusetts’ year-end single-family median sale price reached $400,000 for the first time on record in 2019.
Single-Family Sales Volume Experiences Double-Digit Decline in November
Massachusetts single-family home sales declined in November as the median sales price continued to trend higher, according to a new report from The Warren Group, publisher of Banker & Tradesman.
Real Estate Is in for a Rough Ride
A progressive backlash against New York’s powerful real estate industry could provide a preview of things to come here in Massachusetts, where activists are increasingly turning their wrath on developers and landlords.
Experts Tell Beacon Hill Labor Crunch, Housing Costs Threatens State’s Growth
With an aging workforce and a low unemployment rate, Massachusetts faces a tight labor market, creating a dynamic that could limit the state’s future economic growth.
MA Median Single-Family Home, Condo Prices Continue Year-Over-Year Climb in October
The median sale price for both single-family homes and condominiums continued to rise in October on a year-over-year basis, according to a new report from The Warren Group, publisher of Banker & Tradesman.
MA Median Single-Family Home, Condo Prices Continued Climb in September
The median sale price for both single-family homes and condominiums continued to rise in September on a year-over-year basis, according to a new report from The Warren Group, publisher of Banker & Tradesman.
How to Survive Shifts in the Housing Market
To succeed in a declining market, focus on generating more buyer leads. You must also aggressively price your listings slightly below market value, or your sellers will end up “chasing the market down.”
Poll: 80 Percent of Americans Think Housing Affordability Is a Crisis
A new poll by Morning Consult and the National Association of Home Builders has found tour out of five American households believe the nation is suffering a housing affordability crisis and at least 75 percent report this is a problem at the state and local level as well.
DeLeo Cautious in Face of Calls to Pass Housing Bill by Year’s End
Despite calls from housing experts, municipal leaders and Gov. Charlie Baker himself, House Speaker Bob DeLeo said he wasn’t ready to commit to passing a bill aimed at spurring housing production by the end of 2019.
Are Bidding Wars Cooling Off in Boston?
The Boston housing market may have just set another price record in July, but a new survey from Redfin suggests that bidding wars in the area could be calming down.
Polito Wants Housing Bill by Thanksgiving
Flanked by housing and economic development officials whose tenures in state government date back to 2004, Lt. Gov. Karyn Polito called on lawmakers to pass the Baker administration’s housing production bill in the next 11 weeks.
Fix the Housing Crisis or Face the Pitchforks
If at-large Boston City Councilor and possible mayoral candidate Michelle Wu’s critiques of New England Development’s project next to the Boston Landing commuter rail station in Allston seem unreasonable, we have some unfortunate news for you.
Median Single-Family Home Price Hits All-Time High in July
The median sale price for both single-family homes and condominiums continued to rise in July on a year-over-year basis, according to a new report from The Warren Group, publisher of Banker & Tradesman.
Apartment Construction Can’t Keep Up with Rents
Greater Boston’s position as one of the priciest rental markets in the U.S. appears secure, even as developers add more than 5,000 new apartments to the local inventory this year.
National Market Shift May Mean Price Cuts
The American housing market is definitely changing. Maybe not everywhere, at least not yet. But in most places, sellers are slowly losing their dominance and buyers are taking control.
MA Median Single-Family Home, Condo Prices Reach New Highs in June
The median sale price for both single-family homes and condominiums continued their upward climb in June, reaching new highs in the process, according to a new report from The Warren Group, publisher of Banker & Tradesman.
Report: Housing 15 Percent of GDP Growth in Longest Economic Expansion Ever
Growth in home prices contributed around 15 percent of the growth in America’s GDP during what is now the longest economic expansion in the country’s history.
Baker Administration Announces Funds for 760 New Workforce Housing Units
Massachusetts is pouring an additional $86 million into creating 260 new workforce housing apartments and 500 homes for moderate-income, first-time buyers.
Local Banks, National Lenders Fill Mortgage Gap Post-Recession in Greater Boston
Local banks and national nonbank lenders have capitalized on new conditions in Greater Boston’s supply-constrained and super-charged housing market, beating out big banks for mortgage marketshare in the decade since the subprime mortgage crisis.
Median-Priced Homes Not Affordable for Average Wage Earners in Most U.S. Housing Markets
Median home prices in the second quarter of 2019 were not affordable for average wage earners in 74 percent of U.S. counties.
