Tim Warren’s Golden Jubilee
As Tim Warren Jr. marks 50 years at The Warren Group, colleagues, staff and family reflect on his transformative presence and self.
As Tim Warren Jr. marks 50 years at The Warren Group, colleagues, staff and family reflect on his transformative presence and self.
Real estate agents on both islands are busier than ever, awed by the influx of wealth propelling the sales, concerned about those who can’t compete – and wondering what 2022 will bring.
What should you make of the uptick in inventory and the slight slide in homebuyer demand? Is a return to a “normal” market on the horizon?
Buying a house right now takes incredible patience, acumen and buying power, while selling invites equity questions for homeowners committed to fairness. Amid such intensity, how do real estate agents improve, or aggravate, today’s home-buying process for their clients?
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?
Massachusetts’ incredibly tight market has challenged real estate agents competing for listings and clients, forcing some part-time agents to step back from the market even as others have seen their businesses grow.
The 2021 spring home market is in full swing, with high demand and low inventory still the norm. Buyers in Massachusetts are adjusting their expectations and taking measures to weight offers in their favor: looking farther afield, prioritizing or going beyond their budget for the right thing.
While real estate agents anticipate more inventory this spring, they say it won’t be enough to satisfy still-high demand, even amid predictions of increased mortgage rates and widespread vaccinations.
The residential real estate market’s strong start last year ultimately became a preamble to dramatic increases in single-family sales and prices, and incredibly low inventory nearly throughout the commonwealth.
Boston’s urban condo market began 2020 robustly before the pandemic all but paused sales for several weeks as agents, buyers and sellers adjusted to new realities. Now, signs point to the beginnings of a recovery starting to emerge.
As home sales have soared, off-market listings – on the rise before the pandemic – have continued unabated, despite the National Association of Realtors’ approval last November of a Clear Cooperation Policy and a near-guarantee of bidding wars for MLS-listed houses.
The launch of HOMERedi makes Jack Conway part of a growing cohort of real estate brokerages, including Compass and Coldwell Banker, willing to temporarily foot the bill for home improvements that keep housing stock moving and fetching higher prices.
With the racial inequality now front and center, advocates in Newton are pushing for more diverse, denser housing to replace much of the region’s single-family stock as one way to help close the Black-white homeownership gap. But hurdles exist for the private sector to meet the need for lower-priced homes.
In recent months, big national brokerages have stepped up diversity and inclusion efforts, aiming for personnel that more accurately reflect current American demographics. But many challenges lie ahead that are tied to the nature of the residential real estate industry.
Cape Cod’s short-term rental brokers have suddenly found themselves grappling with a flood of business mere weeks after the coronavirus demolished demand for seaside vacations.