Residential Real Estate
RMS to Merge with Guild Mortgage
The Massachusetts mortgage industry is set to gain a new face when Residential Mortgage Services merges with Guild Mortgage later this year.
Five Firms Seek to Lead Downtown Haverhill Redevelopment
Five developers have submitted plans for housing and commercial space on a 4.5-acre Haverhill property that’s viewed as a linchpin of downtown revitalization efforts.
MBTA Ridership Crept Upward in March, April
MBTA ridership saw “significant rising action” in March and April, though overall it remains at only a fraction of pre-pandemic levels, according to T General Manager Steve Poftak.
Coolidge Corner Apartments Sold for $24M
A 25-unit apartment complex at Brookline’s Coolidge Corner has been acquired for $23.9 million by a Billerica-based investor following a marketing process that attracted close to 40 offers.
Survey: Bidding Wars the Leading Source of Unsuccessful Buyers
Lost bidding wars and home prices that have risen above buyers’ ability to pay are the leading cause of stymied buyers, a new poll finds.
JV Completes Transit-Oriented Apartments in South Weymouth
A newly-completed apartment complex steps from the MBTA’s South Weymouth commuter rail station is 60 percent leased in the first joint venture between a pair of local developers.
MLS PIN Integrates Rental Beast Tools
Users of the state’s largest MLS website now have a new tool at their disposal for real estate agents marketing apartments for rent.
How to Win a Bidding War
A recent column about would-be homebuyers giving up because they keep losing bidding wars brought a flurry of responses: Readers want to know how they can become winners in this arena.
Baker Warns About Low Housing Production
With zoning reforms that he sought for years to accelerate housing production now law, Gov. Charlie Baker said Thursday that failing to spark more production as the state moves past COVID-19 would be a “huge missed opportunity.”
Federal Judge Strikes Down CDC Eviction Moratorium
The Justice Department said it would appeal the ruling from the U.S. District Court in Washington, D.C., meaning there won’t likely be any immediate impact on the ban
Sky Everett Cleared for 250-Foot Heights
A proposed luxury apartment tower received variances advancing its bid to become Everett’s tallest residential building.
Survey: 10 Percent of Homeowners Plan to Sell Within 12 Months
A new survey from Realtor.com suggests there may yet be hope for seeing more inventory in the nation’s housing markets.
Report: Mortgage Delinquencies Took a Dive in March
Only 217,000 residential mortgage-holders became past-due in March, according to a new report from Black Knight, the lowest on record.
iBuyers Have Arrived in Greater Boston. But Will They Thrive?
RedfinNow, Redfin’s iBuying service, recently entered the red-hot suburban Boston housing market. But the move’s biggest impact, for now, could be to boost the discount brokerage’s market share among open-market home sales.
Study Shows Student Debt Cuts Homebuying Power by 18.8 Percent
It’s widely accepted in the real estate finance world that student debt can significantly lower someone’s buying power when they go to purchase a new home. But a new paper has quantified how much.
Massachusetts to Relax Outdoor Mask Mandate on Friday
Massachusetts is relaxing its outdoor mask mandate as the numbers of hospitalizations and cases of COVID-19 continue to decline in the state, the Baker administration said on Tuesday. Beginning Friday, face masks will only be required outside in public when it’s not...
Massachusetts Population Grew 7.4 Percent to 7M
Massachusetts will retain all nine of its U.S. House seats following the release of new Census Bureau data Monday that showed the state’s total population topping 7 million for the first time, up from 6.5 million in the 2010 census.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Multifamily Housing Proposed Overlooking Polar Park
A Needham developer is seeking to build 318 apartments steps from the new home of the Worcester Red Sox.
New Single-Family Listings Up Statewide, Giving Hope to Some
As the state’s spring housing market got underway in March, numbers of new single-family home listings gave some a sense of hope that 2020’s dire inventory shortage could ease even as buyer demand looks to remain strong.
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