Housing Scene

A Banker & Tradesman Residential Real Estate Blog

Real Estate Agents Adding Snapchat To Social Media Marketing

Real Estate Agents Adding Snapchat To Social Media Marketing

When I first heard that forward-thinking real estate agents are starting to use social media tools like Snapchat for marketing, it sounded strange – and then familiar. Snapchat is largely associated with teenagers and people in their early 20s sending photos or short videos to one another. The images become inaccessible 10 seconds after...
TRID: So Far So Good

TRID: So Far So Good

I’ve spent an inordinate amount of time talking to people about TRID in the last year. I learned what it was supposed to do, what it all means, what people were doing (or not doing) to prepare for it. Now that the industry has been operating under the new rules for nine months and...
A Tale Of Two Condos

A Tale Of Two Condos

Two condos, both very close to the Charles River but on opposite sides, sold during the third week of May for just over $7 million (with no mortgages, by the way), but the stories of those sales could hardly be more different. The first, located at 245 Commonwealth Ave. in Boston, is a newly-renovated, four-bedroom, five-bathroom...
Free Rent For A Good Cause

Free Rent For A Good Cause

As we’re all aware – and as the Estately graphic that went around yesterday makes abundantly clear – rent in and around Boston is rapidly rising out of the reach of most would-be city-dwellers

In Today’s Real Estate Market, Timing Is (Almost) Everything

In Today’s Real Estate Market, Timing Is (Almost) Everything

Historically, each real estate boom has ultimately become a bust to some degree. What goes up in real estate usually goes down. The degree of “down” almost always depends on the intensity and corresponding speed of price increase on the “up” side. Generally, if the up side is gradual, the down side will be...
Is Your Home Near A Landfill? If You Live In Massachusetts, Probably.

Is Your Home Near A Landfill? If You Live In Massachusetts, Probably.

Massachusetts, one of the most populous states in the U.S. and with the longest settlement, has a lot of houses near waste landfill – from active, inactive to closed. GeoHome, a big data startup for real estate, ran an analysis combining The Warren Group’s housing data, land use survey history and information from the Environmental Protection Agency, and found the following interesting patterns.

Home Sales Surge In Second Half Of 2015, Reflect Strong Overall Economy

December 2015 single-family home sales in the Bay State showed a 16.6 percent growth over December 2014 (from 4,214 to 4,913). The month capped off a strong 2015, which saw sales increase from 49,327 to 54,523 year over year – a 10.5 percent increase, according to data from The Warren Group, publisher of Banker...
The Story Behind The Numbers

The Story Behind The Numbers

For the first time, The Warren Group has partnered with GeoHome to analyze the firm’s real estate data to determine where Chinese investors are buying in Massachusetts – and what they’re buying when they do. More and more Chinese want to buy houses to invest, a trend similar to Japanese buyers in the 1980s....
Quarterly Homeownership Program Index Debunks Five Down Payment Myths

Quarterly Homeownership Program Index Debunks Five Down Payment Myths

Today’s guest post comes from the team at Down Payment Resource, an Atlanta-based company that connects homebuyers, Realtors and lenders with resources to get buyers into homes. Atlanta-based Down Payment Resource, the nation’s only databank for homebuyer programs, released its Third Quarter 2015 Homeownership Program Index. The volume of programs increased to more than...

4 Factors That Decide Whether You Should Be In A Condo Or A House

Today’s guest post is by the Houses.com Team. A few decades ago, one could safely assume that the universal “American Dream” was still intact – that virtually everyone would love a nice quiet place in the ’burbs with the white picket fence, the Golden Retriever and the kids playing out in the yard. These...

Of Ponies And AVMs

Despite having reported on it for several years now, there are still plenty of times when I don’t understand the real estate industry. One of them came again this afternoon, reading an article by the “Demon of Marketing” on Inman. With the news of the Zillow/Trulia merger finally getting green-lit this week, there’s been...

At Inman Connect, the online battleground is laid out

I’m attending the Inman Connect conference in New York this week, and so far it’s been interesting, taking the temperature of the industry as it’s in a moment of transition, with some big outside forces set to shake it up. With Trulia and Zillow due to merge in the very near future, and Murdoch’s...