Greater Boston Luxury Listings on the Rise
Numbers of new listings at the very high end of the Greater Boston home-sale market are on the rise, even as sales totals lagged in the market’s traditional downtown-area core in the first quarter.
Poll: 3 in 4 Boomers Don’t Want to Sell as They Age
A new survey of Baby Boomers and members of the Silent Generation commissioned by brokerage and listings portal Redfin has dismaying news for anyone hoping for a “silver tsunami” of downsizers bringing their houses to market.
Did a Warm Winter Juice Spring Listing Data?
Early-year data from several sources has shown an uptick in sold homes and new listings. But some are skeptical that the state is seeing signs of a market becoming unstuck.
Boston-Area Home Listings Up Year-Over Year as March Opened
A little uptick in a graph of new residential listings in Greater Boston could represent a flicker of hope for buyers and sellers alike.
High-End Housing Markets See Softness
Some of Boston’s western suburbs and other parts of Massachusetts appear to be resisting last year’s national trend of rising luxury-home prices. And part of that could be due to the homes that were never offered for sale in the first place.
Here’s What Top Economists Think 2024’s Housing Market Will Look Like
Sellers giving in to a “new normal” for mortgage rates. Home prices staying roughly flat. Demand for apartments and rental houses staying strong.
Boston Home Sellers Offer Fewest Concessions in Nation
A new survey of Redfin agents finds that Greater Boston’s housing market could be the most competitive in the country, at least by one measure.
Share of Homes Bought with Cash Hits Highest Level in Nearly a Decade
Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash.
Boston Luxury Market Listings Up as Sales Tallies Slide
The Greater Boston luxury housing market kept up its weak performance in the third quarter, but now with signs inventory may be on the rise that could reduce support for prices in the sector.
Freddie Mac Launches Down Payment Aid Navigator for Lenders
Just as the salary needed to afford the median-priced home in Greater Boston jumped nearly 23 percent, the new tool is intended to match borrowers to down payment assistance programs.
Anywhere, RE/MAX to Let Agents Leave NAR
Two of the biggest brokerages in the country will no longer require their agents to be members of the National Association of Realtors following settlements they signed in a pair of lawsuits challenging broker commission and MLS access rules.
Redfin Says It Will Leave NAR
Amid fallout from a sexual harassment scandal at the very top of the National Association of Realtors and court cases that look set to force changes in buyer-broker compensation, one of the nation’s largest brokerages says it will require “many” of its agents to leave the group.
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.
Few Boston-Area Homes Sold at a Loss Over the Summer
New data shows that a tiny proportion of Boston-area homes are selling for less than their owners paid thanks to a supply of homes for sale that’s shrunk much faster than demand as interest rates rose over the last 18 months.
Mortgage Rates Hit New 22-Year High
The average long-term mortgage rate climbed further above 7 percent this week to its highest level since 2001, another blow to would-be homebuyers.
New Construction Makes Up Nearly 1 in 5 Boston Houses for Sale
With most homeowners who might have sold in other years sitting tight, the share of newly-built homes in the Greater Boston housing market has nearly doubled in a single year.
Luxury Homes Underperform Amid Boston Tower Openings
Owners of luxury homes in Boston can take solace in this fact: At least they’re not in San Francisco, even as new data shows the region’s high-end housing market is moving noticeably slower than the rest of the sector.
Less Than 1 Percent of Boston Homes Have Changed Hands This Year
A new analysis of MLS data by economists at brokerage and listings portal Redfin gives shape to just how choked up Greater Boston’s housing market is right now.
Study Says ‘Nearly Everyone’ Has a Mortgage Rate Below 6 Percent
A nationwide analysis by researchers at brokerage and listings portal Redfin has found that 4 in 5 residential mortgage borrowers have an interest rate below 5 percent, and even more have a rate below 6 percent.
Housing Shortage Drowns Out Buyers’ Climate Fears
Intense competition to buy homes may be overriding any concerns buyers might have about climate-driven property risks in Massachusetts. But homes’ climate change adaptations are starting to become selling points.
