A Banker & Tradesman Residential Real Estate Blog
If there is one thing that 2017 has taught us, it’s that uncertainty is certain. From international dealings to domestic policy, no time has been as uncertain as now. There’s no exception when
The beginning of this month may have marked a turning point in the unending river of optimism about home price appreciation in Greater Boston.
An article posted on realtormag.com last week reports that more homeowners are tapping into their home equity. Loan originations rose 8 percent to almost $46 billion in the second quarter of 2017, the highest level since 2008, according to Equifax.
There are legions of brilliant and well-funded engineers working hard at this very moment to invent robots that will take over your job. Mine too.
In bad old days before the subprime loan crash, almost anyone who could fog a mirror could qualify for a no-doc mortgage.
A cursory glance at the sales data for Massachusetts’ top selling residential property during the last week of May is impressive. Michael Carucci listed and sold 150 Heath St. in Brookline for $7.5 million in a single day. Fast, easy money, right?
The market tightness index, calculated from data including list price, sale price and time on market, not only measures a seller’s bargaining power, but also has a short-term house price predictive power. In other words, tracking the ups and downs of market tightness can help predict the trend of price in the following one to eight quarters.
In his recently released special report, Boston Realtor and real estate writer David Bates analyzes the first 425 sales in Boston’s 442-unit, Millennium Tower from every angle, resulting in
In the second quarter of last year, the Census Bureau reported the rate of U.S. homeownership dipped to 62.9 percent, the lowest level since 1965. But by the end of the fourth quarter, the homeownership rate had rebounded to 63.7 percent.
Zillow released an interesting report this week: The nationwide property information firm studied dozens of metropolitan areas and determined that listing a home in late spring yields a higher sale
Recently rent prices in Boston have begun to drop moderately, for the first time since the recovery began in 2011. GeoHome, a real estate big data startup, shares its predictions for the 2017 market.
This post is slightly meta, but today I thought I’d blog about blogs.
TRID turned one year old last week. If there was a party, this newspaper did not receive an invitation.
Since the horse race to elect our 58th president dominates much of my Twitter feed, I thought I’d do a little research on how it impacts the other thing major feature of my feed: residential real estate.
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
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.
This Week’s Poll
- Former Bowling Alley Sold in Malden
- Weston Property Owner to Pay $40K for Illegal Destruction of Protected Wetlands
- Rhode Island Man Charged in Million-Dollar Embezzlement Scheme
- Longtime CEO and President of StonehamBank to Retire; Successors Announced
- Marlborough Business Owner Sentenced for Bank Fraud