The latest report that the Federal Reserve compiled from banking and business contacts across New England revealed little movement in macroeconomic conditions, but it did indicate that “home sales appeared to turn a corner in recent data.”
MAPC’s latest research has uncovered astounding statistics about the role investors are playing in pushing Boston home prices up. But it falls wide of the mark in recommending rent control as a solution to the problem.
There’s another factor driving local housing-market strain: profit-seeking investors snapping up properties at an increasing rate, according to a new report from established urban planning researchers.
Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers are still spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs each month.
Mortgage rates – which topped out at 5.3 percent last month before sinking slightly to 5.1 percent last week – combined with rising home prices have pushed the traditional 30-year loan out of reach for many.
The U.S. housing market is slowing as would-be buyers struggle with rising borrowing costs and a persistent shortage of properties for sale.
A team of researchers at the Federal Reserve Bank of Dallas issued a stark warning last week that American home prices “are again becoming unhinged from fundamentals.”
A new report from Zillow shows half of all Boston homes sell in less than a week. The scenes at some open houses are quite striking.
November was another month for the record books in Massachusetts’ real estate market, but questions are beginning to percolate: Will this pattern continue far into 2021?
The number of new listings that hit the market in November tumbled on a month-over-month basis, but that doesn’t mean we’re running out of homes to sell.
The median price of a Massachusetts single-family home surged 14.3 percent in August as low inventory of homes for sale pressured buyers to compete aggressively.
This may very well turn out to be the shortest and strangest real estate downturn in history, thanks in part to the economic inequality that has kept most workers in layoff-hit industries from ever being able to buy a home.
Videoconferencing may be used by notaries public to accomplish important business transactions while avoiding face-to-face meetings during the COVID-19 state of emergency, under a bill signed by Gov. Charlie Baker on Monday.
The median sale price for single-family homes and condominiums increased in March on a year-over-year basis, with each median price exceeding $400,000 in the process.
Redfin has announced it is retrenching in the face of the coronavirus pandemic, furloughing a large number of its agents across the country and permanently laying off others.
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.
The median sale price for both single-family homes and condominiums continued to rise in August on a year-over-year basis and saw modest declines in the number of sales.
You reap what you sow. And after driving up rents and prices to insane levels thanks to decades of blocking any and all new residential construction, NIMBY homeowners in Massachusetts and across the country have succeed in sparking an extreme counter-reaction.
The city of Boston’s attempts to track and regulate the short-term rental industry in the city appear to be ready for take-off following a settlement between it and vacation rentals giant Airbnb.
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.
