Secretary of State William Galvin charged a Milton man with defrauding investors – many of whom were friends and acquaintances – by convincing them to loan him money in fraudulent house-flipping schemes.
The number of first-time home buyers has declined in 2017 and so has the percentage of their down payments.
Next year’s housing market is will largely be defined by continued demand for homeownership, tax reform’s effect on affordability and low inventory, according to Redfin’s predictions for 2018.
Adrianne Hanley was a professional figure skater, then an interior designer, before becoming a real estate agent a few years ago. Originally from South Africa, she became a U.S. citizen in November. She began her career on the South Shore, but is now branching out into the city
As single-family home values continue to soar across the commonwealth, homeowners are quickly building equity and borrowing against it.
Real estate technology and brokerage Compass will receive an investment of $450 million from SoftBank’s Vision Fund, the largest real estate technology investment in U.S. history.
The Fannie Mae Home Purchase Sentiment Index increased 2.6 points in November to 87.8, once again nearing its all-time high from September, according to Fannie Mae.
The Massachusetts Division of Professional Licensure meted out 106 disciplinary actions between Jan. 1, 2015, and Oct. 17, 2017, according to the division’s records.
The beginning of this month may have marked a turning point in the unending river of optimism about home price appreciation in Greater Boston.
A new product called “down payment insurance” came to market this year, meant to protect homebuyers the same way that private mortgage insurance protects lenders and the GSEs.
Nora Lynch Smith had over 15 years of real estate sales experience working for small and large firms before she bought Landmark Residential Inc. in South Natick a few years ago.
Mortgage applications increased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 10, 2017. This week’s results do not include an adjustment for the Veterans’ Day holiday.
Potential renters have to come up with more than a deposit to rent in the Boston market these days; they’ll need excellent credit as well.
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.
For future homebuyers wondering when to stop saving and get into the housing market, the math is clear: the sooner the better.
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 applications remained unchanged from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Nov. 3.
Home prices are up strongly both year-over-year and month-over-month according to the September 2017 Home Price Index released today by CoreLogic.
Proposed changes to the Massachusetts Sanitary Code have local landlords running hot. They claim they were not consulted prior to the announcement of those changes, and that the changes are unclear and an unfair burden on rental property owners. Few people are familiar with the significance or contents of the state sanitary code, but a single violation of this code entitles tenants to withhold rent from landlords until the violation has been remedied.