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.
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause the streak of 10 rate hikes that have made borrowing for consumers and businesses steadily more expensive.
Hopefully, owners who chose to remodel their bathrooms are enjoying their new spa-like retreats. If they were hoping to sell their homes for more, they likely won’t come out ahead.
The U.S. economy put in a surprisingly strong showing in in January, adding 517,000 new jobs despite layoffs in tech firms, on Wall Street and in the mortgage industry. And while experts say it’s a sign the country is on a path to a “soft landing” from 2022’s tumultuous inflation, it could push mortgage rates up.
A new analysis of U.S. Postal Service address-change data by the National Association of Realtors shows the Greater Boston area saw an uptick in migration last year, while moves to Greater Worcester slowed down notably.
A new survey by the National Association of Realtors says one of the many tech upgrades real estate agents embraced during the pandemic has outstripped all others in its long-term usefulness: electronic documents.
If the normal spread between the interest rates on 10-year Treasury notes and mortgage bonds existed today, the average 30-year mortgage rate could be as low as 5.7 percent.
Count the top forecaster at the nation’s biggest real estate trade group among the optimists when analyzing the looming 2023 housing market.
Speaking at a National Association of Realtors conference in Florida last week, association Chief Economist Lawrence Yun says American home prices aren’t likely to drop by significant amounts despite the big drops in demand.
A bump in construction of new single-family homes last month didn’t help homebuilders feel any better about their business prospects
It’s becoming increasingly apparent that the Department of Justice wants to force buyers to pay their own commissions. How would the real estate industry change?
Massachusetts’ main multiple listings service is the target of a class action lawsuit claiming the longstanding buyer-broker commission rule is driving up home prices.
Some sellers have a good reason for not wanting one. But for most people, “For Sale” signs are a 24-hour marketing tool that shouldn’t be ignored, even as house hunts mostly start online.
With home prices spiraling upwards and stories about the growing single-family rental industry percolating in local and national media alike, concern is rising about the impact institutional investors might be having on the housing market.
The agents that buyers use to visit houses and write up a contract are paid their share of the sales commission by the seller’s agent. They are paid whatever the seller’s agent offers – usually half of whatever the seller’s agent charges.
In the wake of the Federal Reserve’s decision to move forward with its long-hinted-at half-percent interest rate hike, two leading real estate industry economists said they don’t expect the rocket-like rise in mortgage rates to continue much longer.
Millennials now make up the largest segment of American homebuyers, new research from the National Association of Realtors has concluded.
Two years after the COVID-19 pandemic hit Boston, its impact on the region’s housing market is still reverberating.
Massachusetts’ Black households appear to have been left behind by a record jump in the nation’s homeownership rate, a new study by the National Association of Realtors has found, and the soaring price of homes is likely to blame.
For homeowners thinking about cashing in on today’s blistering housing market, the situation has become something like a cat chasing its tail.
