A new report from the New York Federal Reserve sheds a little light on a question that’s been hanging over the American real estate market: Has the massive tax overhaul adopted by Congress in late 2017 had any effect on whether consumers want to buy or sell homes?
The Clearing House (TCH) last month released business principles outlining the operation of its real-time payments network, which it launched in November 2017 and is the only one in the country.
What’s the best way to find new opportunities? Just sit back, relax and enjoy the ride.
A debate unfolding in Cambridge in recent months over a proposal to make affordable housing easier to build by right in the city shows how important it is that the legislature act on Gov. Charlie Baker’s modest Act to Promote Housing Choices.
Often cities and towns have the will to produce more housing but are ill-equipped to determine what will work. Technical support is needed to evaluate the projected impact, coupled with the resources to reach out to and educate the public
American homeowners are doing something surprising: Despite record amounts of home equity available to them – an estimated $1.5 trillion – they are tapping into it less via home-equity credit lines and cash-out refinancings.
The idea that 495 has become a low-cost alternative for homebuyers and businesses is great spin. But the gulf in prices points a grittier reason for the shift: Discouraged by increasingly grueling commutes, buyers are simply bypassing the outer suburbs in favor of communities closer to Cambridge and Boston.
Efforts like Gov. Charlie Baker’s Housing Choice bill – which would amend state law to make it easier for local zoning boards to approve certain categories of housing – may assist in the creation of more market-rate housing in some communities. But it would not address the dire shortage of affordable housing units among the state’s poorest residents.
Partnerships between financial institutions and nonprofit organizations that go beyond the traditional relationship benefit both parties, leading to richer, more fruitful benefits for everyone involved.
Will Zillow take over the world? No. But recent experience shows it doesn’t pay to underestimate a large, tech-savvy company intent on disruption. The rise of Quicken Loans, through its Rocket Mortgage all-digital mortgage product, offers a stark example.
Has Boston’s ridiculously hot condominium market finally peaked? After rising for years, the price of Boston condos put under agreement actually fell in the first quarter of 2019 to $639,000, a drop of $10,000, or 1.5 percent.
Have we arrived at one of those rare Goldilocks moments in real estate, where the market works well for both sellers and buyers, strongly favoring neither?
Now that you know your landlord is spying on you, it’s not so bad, after all!
The Trump plan is a big wet kiss for Wall Street, which can’t wait to recapitalize the two mortgage giants, but not so much for taxpayers who, whatever promises are made, will surely end up on the hook again someday should things go south.
Over the last few years, Lynn and other Gateway Cities have been on an upward trajectory, with arts and other investments in their downtowns. And their value proposition isn’t going unnoticed by hopeful homebuyers of many stripes.
When there is not enough housing that is “Big A” affordable and not enough housing that is “little a” affordable, then Massachusetts’ long-term success is at risk.
This is fine. Everything is fine. There’s nothing to worry about here.
Who is ultimately responsible for ensuring buildings are prepared for climate change? That’s the question facing design professionals and other decision makers, in the aftermath of extreme weather and in light of increasingly public information on the foreseeability of climate risks.
Here’s some good news for anyone whose credit scores aren’t quite as high as they’d like them to be: Three new financial tools have come to market – or soon will be available – that could give your scores a shot of adrenaline when you need it most.
The lessons learned through the Merrimack Valley recovery effort can help form a roadmap for future infrastructure projects. To be successful, these projects will need adequate definition at the start and continuous efforts to contain scope.