Baby Boomers are more likely to have a mortgage when they retire than the generation born between the mid-1920s and the mid-1940s, and while that trend worries some economists, other experts say post-retirement debt can be a smart move.
Loan performance remained flat in July 2017 after hitting 10-year lows the previous month, according to a report released today from CoreLogic, a global property information and analytics firm.
Richard Phipps moved to Boston from Barbados at the age of 20 in the early ’70s. After two tours in the Air Force he started working in finance and later, real estate. He came back to Boston in the mid-’80s and got involved in all things real estate. The father of nine was recognized by Barbados with a Jubilee Award in January for blending business, family and spirituality in a way that retains family values. Phipps runs a real estate agency, a real estate school and a real estate counseling business from his Roslindale office. When he’s not in the office, he can often be found in Oasis on Hyde Park Avenue feasting on Barbadian rice and peas.
The nationwide trend of real estate agencies mergers and acquisitions came to Boston this month with Douglas Elliman’s announced purchase of local Otis & Ahearn Real Estate.
Massachusetts homeowners paid some of the highest real estate taxes in the country again last year, according to analysis from the National Association of Home Builders.
Technology-powered real estate brokerage Redfin has expanded its 1 percent listing fee to home sellers in 18 additional markets, including Boston.
Gov. Charlie Baker other leaders today joined EF Education First North America CEO Dr. Edward Hult to break ground on the company’s third new building in Cambridge’s North Point neighborhood.
Homeownership rates among black Americans were disproportionately affected by the mortgage crisis and have recovered more slowly than other groups. Advocates say removing barriers to black homeownership is fair, profitable and the key to increasing access to the American dream for all.
Data is now available on mortgage lending transactions at 6,762 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA) for 2016.
A New York-based real estate brokerage intends to acquire Boston’s Otis & Ahearn.
The Consumer Financial Protection Bureau (CFPB) took action today against real estate settlement services provider Meridian Title Corporation for steering consumers to a title insurer owned in part by several of its executives without making disclosures about the businesses’ affiliation.
Mortgage credit risk increased in the second quarter of 2017, but remains within the baseline range of credit risk, according to a report released today by CoreLogic, a leading global property information provider.
Green construction is rapidly gaining traction among both single family and multifamily home builders, according to new research published in the Green Multifamily and Single Family Homes 2017 SmartMarket Brief. The full report is available here..
Freddie Mac is projecting smooth sailing for the U.S. real estate economy, according to its 2018 Economic Research Outlook released last week.
Both Fannie Mae and Freddie Mac have begun waiving on-site appraisals on a relatively small number of qualifying mortgages this summer, and instead are now relying on data they already have, along with publicly available data, to determine the market value of a property.
The Massachusetts Association of Realtors announced today that Barb Davis-Hassan, president of Barb Hassan Realty Inc. in Pittsfield is the Massachusetts Realtor of the Year for 2017.
Preliminary loss estimates for Hurricane Irma is estimated to be between $42.5 billion and $65 billion (excluding uninsured commercial losses), according to a report released today from CoreLogic, a global property information company.
Two Worcester area real estate agents were struck by a train in Thompson, Connecticut last week. One was killed, the other suffered life-threatening injuries, according to a statement from the Connecticut State Police.
The National Flood Insurance Plan is drowning in debt that it may not be able to repay. Inaccurate flood maps, climate change and premiums that don’t accurate reflect risk levels are just a few of the barriers to solvency.
Carmelinda “Melin” Menas believes so strongly in the credit union mission of service, that after moving to Western Massachusetts from Maine, she took a job at a bank and only lasted a couple of weeks before returning to the credit union fold.