Boston REIA, Author at Boston Real Estate Investors Association

Construction spending in the U.S. experienced a slight decrease once again in June.

The U.S. government has reported that total construction spending in June 2024 was at a seasonally adjusted annual rate of $2,148.4 billion, which is 0.3% lower than May’s revised number. However, June’s revised estimate is 6.2% higher than one year ago. Residential construction was at a seasonally adjusted annual rate of $928 billion in June, […]

Construction spending in the U.S. experienced a slight decrease once again in June. Read More »

CoreLogic reports that the housing market activity came to a standstill at the close of spring.

News / Boston REIA

According to the most recent CoreLogic Home Price Insights (HPI) report, home prices in the U.S. saw a year-over-year increase of 4.7% in June 2024 compared to June 2023. Month-over-month, there was a 0.3% growth in home prices in June 2024 compared to May 2024. This marks the 149th consecutive month of year-over-year home price

CoreLogic reports that the housing market activity came to a standstill at the close of spring. Read More »

The Influence of the Location of a Grocery Store on Housing Prices

News / Boston REIA

Did you know that having a Trader Joe’s or an ALDI near your property could potentially increase its ROI? This information comes from ATTOM Data’s recent report “8 Ways Neighborhood Data Influences Property Values and Real Estate Decisions.” Keep that in mind when stocking your pantry! Stay safe and have a Happy Friday! [Link to

The Influence of the Location of a Grocery Store on Housing Prices Read More »

Are you interested in finding partners or joining partners for multifamily deals? We have a solution for you!

News / Boston REIA

Ever dreamed of getting into the real estate game to invest in multifamily deals for profit, but didn’t have the network, or the cash or know how to get started? I know many of Boston REIA’s members did, but we now have the perfect solution! On August 20th at 7pm EST, Boston REIA is partnering

Are you interested in finding partners or joining partners for multifamily deals? We have a solution for you! Read More »

The Pacific Legal Foundation is seeking a review by Michigan’s Supreme Court of an unconstitutional tax foreclosure scheme.

News / Boston REIA

The Pacific Legal Foundation recently announced that a Michigan mother has appealed to the Michigan Supreme Court to uphold her constitutional right to fair compensation after her home was foreclosed on by Manistee County, sold, and the county kept $102,636 more than she owed. Chelsea Koetter, a single mother of two, fell behind on her

The Pacific Legal Foundation is seeking a review by Michigan’s Supreme Court of an unconstitutional tax foreclosure scheme. Read More »

August 2024 Mortgage Market Update

News / Boston REIA

According to the most recent ICE Mortgage Monitor (formerly Black Knight), mortgage delinquencies saw a significant spike in June, increasing by 14.5% (+45 basis points) to 3.49%, the second highest level in 18 months. However, the number of loans in active foreclosure reached the lowest point since the end of COVID-era moratoria. The ICE Mortgage

August 2024 Mortgage Market Update Read More »

CBRE Unveils Capital AI: Unlocking the Power of Real Estate Investment Property Data

News / Boston REIA

Today’s real estate investment property market emphasizes investors’ focus on securing the right capital for their assets. CBRE’s Capital AI has the potential to change the game by leveraging artificial intelligence to analyze billions of proprietary data points and unlock a wider pool of capital sources, empowering investors to achieve optimal deal outcomes. CBRE launched

CBRE Unveils Capital AI: Unlocking the Power of Real Estate Investment Property Data Read More »

S&P CoreLogic Case-Shiller surpasses last month’s record high.

News / Boston REIA

The most recent report from the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index showed a 5.9% annual increase in May 2024. The 10-City Composite saw a 7.7% increase, while the 20-City Composite saw a 6.8% increase year-over-year. According to Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P Dow Jones

S&P CoreLogic Case-Shiller surpasses last month’s record high. Read More »

Pending home sales saw a 4.8% increase in the month of June.

News / Boston REIA

The National Association of Realtors has reported a 4.8% increase in pending home sales in June 2024. The Pending Home Sales Index, based on contract signings, reached 74.3 in June, with all four U.S. regions seeing an increase in transactions. The chief economist at NAR, Lawrence Yun, noted that the rise in housing inventory has

Pending home sales saw a 4.8% increase in the month of June. Read More »

NAR President Kevin Sears sends message of resilience at ICLV

News / Boston REIA

Currently happening at Inman Connect Las Vegas, from July 30-Aug. 1, 2024, expect clarity, answers to important questions, and new business opportunities. JOIN US VIRTUALLY. National Association of Realtors President Kevin Sears addressed the audience at the Aria Resort & Casino in Las Vegas, emphasizing the importance of stability and resilience in the face of

NAR President Kevin Sears sends message of resilience at ICLV Read More »

Boston Real Estate Investors Association

Author name: Boston REIA