Survey Finds Homebuyers Will Compromise on Safety, Natural Disasters
With costs continuing to rise, prospective homebuyers are making sacrifices to achieve homeownership.
Millennials Back to Being Nation’s Largest Group of Buyers
Millennials have surged ahead to become the largest group of homebuyers, marking a significant shift in the housing market’s demographic landscape, according to the latest report from the National Association of Realtors.
Younger Buyers Look to ‘Hack’ Their Houses with ADUs
Affordability concerns are everywhere in the nation’s many real estate markets, and it seems to be propelling younger homebuyers to find new ways to make the math work when purchasing a new house.
Survey: 1 in 5 Millennials Don’t Think They Can Be Homeowners
A new poll suggests a huge swath of the biggest generation in America right now see huge barriers to achieving homeownership for themselves.
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.
Nearly Half of Local Millennials Now Homeowners, But What About the Other Half?
An analysis of Census Bureau data shows that 45 percent of Millennials in Greater Boston now own homes, but separate studies released in recent days suggest that the remaining 55 percent of area Millennials face a steeper path to ownership than their peers.
A Shifting Gridlock in Residential Home Sales
Interest Rates, More Production Key to Unsticking Market
Report: Mass. Economy Threatened by Demographic Shifts
The number of people between the ages of 20 and 64 in Massachusetts is projected to fall by 120,000 people by 2030, a worrying trend that a leading business group says requires aggressive countermeasures.
Study: Millennials Didn’t Stray Far from Where They Grew Up
Millennials who move far from childhood homes are a distinct minority among others who reached adulthood in the 21st century, according to a new study by the U.S. Census Bureau and Harvard University researchers released Monday.
The Quest for More Square Footage Continues
In the hunt for more space, houses are being built larger, with more amenities packed both inside and outside their walls. Last year, the average new house was 2,561 square feet.
Millennials Now Dominate Buyer Pool, Report Finds
Millennials now make up the largest segment of American homebuyers, new research from the National Association of Realtors has concluded.
Report Pours Cold Water on ‘Silver Tsunami’ of Inventory
A new survey, raises questions about whether seller’s agents and housing policy experts can look to seniors for a fresh pulse of housing inventory just as Millennials are in their prime homebuying years.
Zillow Research: Boomers Helped Drive 2020 Demand Surge, Too
It’s been common knowledge since mid-2020 that Millennials were the big reason the Massachusetts housing market has been going haywire. But new research from Zillow suggests the blame get spread around to include Baby Boomers.
One Arrest Can Keep You from Buying a Home
Having a run-in with the law is one of the quickest ways to disqualify yourself from homeownership, and other bites of housing news for your holiday weekend.
Multigenerational Homes Popular in 2020
The National Association of Realtors reports that 18 percent of homebuyers between the ages of 41 and 65 bought a multi-generational home, which could house adult siblings, adult children, parents or grandparents under the same roof.
Share of Americans Worried by Neighbors’ Politics Up in Four Months
The share of Americans who would be hesitant to move to an area where most people have political views different from their own has increased by 31 percent since June.
What Hath WFH Wrought?
Vaccine or no vaccine, COVID-19 has set the stage for what are likely to be some big, permanent changes to the real estate market
Odd Lots: Forbearance Drop Hides Key Developments
The number of homeowners seeking mortgage forbearance fell for at least eight straight weeks this summer. But that decline masks a couple of other important trends.
Buyers Flood Markets in Delayed Spring Season
Sellers stayed home, buyers swamped markets statewide, the Cape posted record sales figures and urban condos kept selling. What didn’t happen in the spring-turned-summer real estate market?
Hot Real Estate Trends for the New Normal
Amid the backdrop of the pandemic, tremendous disruption and the George Floyd protests, agents across America are getting their first look at what to expect in the “new normal.”
