Maybe “corrupt” is too strong a word for President Donald Trump’s tax plan; maybe not. But the seemingly willy-nilly way it doles out rewards and punishments to various segments of the real estate world is not exactly the best advertisement for either its probity or overall vision.
As the year 2017 comes to a close, the industry collectively is looking forward to 2018 and wondering what the future holds. The good news for everybody is that 2018 is going to look a lot like 2017.
A decade of unprecedented growth in the rental housing market may be coming to an end.
A report released last week by the MIT Center for Real Estate said tech-driven changes that are beginning to appear in real estate will soon be ubiquitous. It predicts homes won’t look drastically different in 30 years, but they will be operating very differently.
In 2017, the median down payment was 10 percent of all buyers, and fell to 5 percent from 6 percent for first-time buyers, according to NAR’s 2017 Profile of Home Buyers and Sellers.
Mortgage delinquency rates are at their lowest point since the financial crisis, according to a new mortgage performance trends tool from the Consumer Finance Protection Bureau (CFPB) that tracks delinquency rates nationwide.
As Florida, Texas and other areas slammed by devastating hurricanes Harvey and Maria continue to clean up, and experts study the intensity of Atlantic hurricanes, many in the local real estate community are examining the potential impact of a powerful hurricane could have in Massachusetts.
There’s a lot of excitement around the possibility of Amazon delivering up to 50,000 jobs over 10 to 15 years to the local economy directly, and perhaps as many more indirectly, if the Internet behemoth builds its second headquarters here.
Mortgage applications decreased 4.6 percent from one week earlier, according to data released yesterday from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Oct. 20.
Multifamily lending was up 8 percent year over year in 2016, with nearly three thousand different multifamily lenders providing a total of $269.2 billion in new mortgages for apartment buildings with five or more units, according to a new report from the Mortgage Bankers Association.
The 30-year mortgage rate increased for a second consecutive week, jumping 6 basis points to 3.91 percent. The 10-year Treasury yield also rose, climbing 4 basis points this week.
If you’ve been pondering how you as a homeowner or buyer might fare under the new Republican tax overhaul plan, here are a few points to consider.
Mortgage applications decreased 9.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Sept. 15, 2017.
Broker and agent commissions are starting to slip in Boston and the trend looks likely to continue.
Median home prices in the second quarter eclipsed a record high set in 2016, jumping 6.2 percent year over year as the inventory crunch continues to push property values higher, according to the National Association of Realtors.
In the absence of a state strategy to regulate short-term housing rentals, the Cambridge City Council voted Monday night to require hosts to live in the same or an adjacent building as part of a new set of rules designed to protect the city’s scarce affordable housing market.
State by state, the march towards decriminalization of marijuana rolls on – despite the drug’s continued illegality at the federal level. Here in Massachusetts the voters have spoken and the personal growth and use of marijuana is now the law of the land. You can’t sell it, but you can
Foreclosure petitions in June were down 18.3 percent compared to last year, according to a new report from The Warren Group, publisher of Banker & Tradesman.
CoreLogic today released its CoreLogic Home Price Index and HPI Forecast for June 2017, which shows home prices are up strongly both year over year and month over month.
Former Red Sox pitcher Curt Schilling and his wife Shonda Schilling sold the Medfield home they bought from former Patriots quarterback Drew Bledsoe for less than half of the $4.5 million they paid for it.
