Residential Real Estate
MassHousing launched the nation’s most ambitious state-level initiative specifically aimed at building middle-income affordability because we saw the housing market struggling to respond to the housing needs of Massachusetts’s working families.
You’re probably familiar with the online realty marketing giant Zillow because of its voluminous home sale listings and its controversial “Zestimate” property valuation feature.
Broker and agent commissions are starting to slip in Boston and the trend looks likely to continue.
MassHousing has provided $17.6 million in affordable housing financing to the Claremont Cos. for the refinancing of the 200-unit Solemar at South Dartmouth.
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.
Earlier this week, Gov. Charlie Baker announced $72 million in housing subsidy funds and additional state and federal tax credits to 25 projects in 17 communities for the creation, rehabilitation and preservation of 1,970 housing units across the commonwealth, including 402 units reserved for very low-income families and families making the transition out of homelessness.
Following a mild decline last week, the 10-year Treasury yield rose 1 basis point this week. The 30-year mortgage rate similarly remained relatively flat, falling just 1 basis point to 3.89 percent. Mortgage rates are continuing to hold at low levels amidst ongoing economic uncertainty.
The Boston Housing Authority has selected Boston-based WinnCos. to redevelop the Mary Ellen McCormack housing complex in South Boston.
Millennials are pumping more money into the real estate economy than they were a year ago, according to the August 2017 Down Payment Report from Down Payment Resource.
Born in Mexico City, Anthony Goodh grew up in Europe, where his mother worked as a designer for Armani and where he says his design sensibility was formed.
Transformation of a dilapidated industrial parcel into office space, luxury condominiums and new waterfront public space is nearing completion at Boston’s Lovejoy Wharf.
Mortgage applications increased 3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Aug. 4, 2017.
A blaze that destroyed a large apartment complex under construction in suburban Boston has been ruled arson.
When Ronald Brown first began riding in the Pan Mass Challenge (PMC), he was 56 years old. That was in 1993, when he was challenged by a business colleague to get in shape, ride alongside him for 192 miles and raise money for a great cause – cancer research.
Fannie Mae and Freddie Mac could require as much as a $99.6-billion government bailout in the event of severe economic downturn, according to the Federal Housing Finance Agency’s (FHFA) annual “stress test” released this week.
PHH Corp., PHH Mortgage Corp. and PHH Home Loans have agreed to pay the United States $74,453,802 to resolve allegations that they violated the False Claims Act.
The National Association of Mortgage Professionals today announced the results of its most recent monthly member survey. The primary findings include the following:
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.
The share of mortgages nationwide that went from current to 30-days past due was 0.8 percent in May 2017, compared with 0.9 percent in May 2016 and approaching a 10-year-low, according to a recent report from CoreLogic, a global property information firm.
The Massachusetts Board of Real Estate Appraisers today announced the death of Richard D. Simmons Sr. on Aug. 2. Simmons, 95, was a MBREA past-president and a member of the Appraisal Hall of Fame.
- East Boston Savings Bank Plans To Add Two New Branches In Boston
- Strong Demand For New Allston Apartment Units
- Division Of Banks Issues Fines For Unlicensed And Illegal Auto Lending Practices
- WinnCos. Named Development Team For South Boston Complex
- Workforce Housing Project Breaks Ground In Mattapan