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.
Pandemic Boosted Boston Homebuyer Income by $87K
A new analysis by economists at Zillow say the income a Greater Boston homebuyer needs to afford the median home in the region rose by nearly $90,000 over the last four years.
Zillow: Home Shopping Early May Pay Off
Zillow predicts another hot spring market this year, as well-priced homes are selling quickly and overpriced homes are seeing price cuts.
Tight Battle for Few Mortgage Customers to Persist in 2024
Residential lenders in Massachusetts think a challenging, high interest rate environment will continue to weigh the mortgage market down in 2024, pushing lenders to be more resilient and creative to attract more business.
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.
Younger Buyers Look to ‘Hack’ Their Houses with ADUs
Affordability concerns are everywhere in the nation’s many real estate markets, and it seems to be propelling younger homebuyers to find new ways to make the math work when purchasing a new house.
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.
Housing ‘Extras’ Add Up
Homebuyers who focus solely on the cost of their mortgage’s interest and principal are doing themselves a disservice. There are other recurring costs that should be factored into the decision.
Study Pinpoints Magic Mortgage Rate to Spur Sales
The idea that 5 percent is the magic average mortgage interest rate for unlocking the housing market just got some more data behind it.
Boston ‘Missing’ 184K Households
A new study from listings portal Zillow has sought to quantify the effects of a decade or more of under-building in the nation’s housing markets by estimating how many families are doubled-up – or worse – in apartments.
Zillow Poll: Most of Boston Metro OK with Adding Density Nearby
A new poll conducted by listings portal Zillow finds many Greater Boston residents back the idea of adding density to their particular neighborhood, including over half who back buildings with up to 10 units.
Experts Say April Home Price Slips Aren’t Sign of Trouble
A new report out Tuesday shows surprising and potentially worrisome data points: single-digit percentage declines in the statewide and Greater Boston median home sale prices.
Nearly Half of Local Millennials Now Homeowners, But What About the Other Half?
An analysis of Census Bureau data shows that 45 percent of Millennials in Greater Boston now own homes, but separate studies released in recent days suggest that the remaining 55 percent of area Millennials face a steeper path to ownership than their peers.
Survey Finds Gen Z Buyers Prioritize Pets, Not Kids
A new poll commissioned by listings portal site...
A Home-Price Disaster in Sudbury
Now here’s a real crisis we can all get up in arms about: The U.S. has lost 58 “million-dollar” cities over the past eight months, per Zillow, including our own Sudbury. But is the latest report all it’s cracked up to be?
Homebuyer Competition Returns with Spring
Many market observers believe Massachusetts is headed for another spring of multiple offers and waived contingencies, thanks to how still-high interest rates have stabilized in recent weeks.
Survey: Economists Expect Small Home Price Drop
Over 100 housing market experts surveyed by listings portal Zillow expect the nation’s median home price to bottom out over the course of this year as buyers’ inability to afford current prices and mortgage rates severely curtails demand.
Black-Owned Boston-Area Homes See Faster Appreciation
The pandemic run-up in real estate prices is disproportionately benefiting Black homeowners, a new analysis by Zillow finds, helping correct years of systemic discrimination and bias in the real estate industry.
Analysis: Lower Rates Boost Size of What Homebuyers Can Afford
Recent declines in mortgage rates have helped improve affordability somewhat according to a new analysis by economists at real estate listings portal Zillow.
New Home Search Portal Set to Launch
Homebuyers and agents alike could soon benefit from a new listing portal with all the online bells and whistles they’ve come to expect – but with better service on the ground and no-fee leads.
