Pending Home Sales Up 0.7% in May
Pending Home Sales Up 0.7% in May The National Association of Realtors is reporting that pending home sales were up 0.7% in May, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) climbed to 99.9. The NAR says pending home sales broke a six-month skid with this slight rise. “Despite […]
Tough Times Ahead… Analyze More Than Just an Applicants’ Income.
Everyone loves a good survivor story. Whether it is a group of 12 boys rescued from a cave in Thailand or the indomitable spirit of a soldier who endured more than two and a half years as a POW during World War II, these stories strike a chord with all of us. Naturally we put […]
High mortgage rates are cooling sales, but a report ranks one N.E. city tops for showings
High mortgage rates are cooling sales, but a report ranks one N.E. city tops for showings The jump in borrowing costs, adding hundreds of dollars to the typical mortgage payment, has pushed wishful buyers past their financial limits. | realestate.boston.com The post High mortgage rates are cooling sales, but a report ranks one N.E. city […]
Black Knight Says Serious Delinquencies 45% Above Pre-Pandemic Levels
Black Knight Says Serious Delinquencies 45% Above Pre-Pandemic Levels According to Black Knight’s “first look” report for May, 2022, the national delinquency rate on first lien mortgages fell slightly to 2.75% in May, continuing the downward trend in overall delinquencies and marking yet another new low. However, Black Knight says serious delinquencies remain 45% above […]
Long-term U.S. mortgage rates slip (June 30)
Long-term U.S. mortgage rates slip (June 30) One year ago, the average 30-year rate was 2.98%, and the average 15-year rate was 2.26%. Continue reading at realestate.boston.com. The post Long-term U.S. mortgage rates slip (June 30) appeared first on Boston.com Real Estate.
America is 246 Years Young!
America is 246 Years Young! This Monday, July 4th, will mark 245 years of America’s independence! Today’s infographic takes a look at the Fourth of July “by the numbers” and provides insight into this holiday that we Americans hold dear. Whatever you do to celebrate, do it safely and have fun…..and, as always, Stay safe […]
Listed: For $1.375 million, a Dorchester town house atop Jones Hill
Listed: For .375 million, a Dorchester town house atop Jones Hill Dramatic and striking, Unit 1 at 21 Everett Ave., is a four-level town house in Dorchester’s Jones Hill neighborhood that shows how stunning the pairing of black and white can be in design, and it has hit the market for $ 1,375,000 . Built […]
Flipping Spikes Nationwide While Profits Drop to 13-Year Low
Flipping Spikes Nationwide While Profits Drop to 13-Year Low According to the latest U.S. Home Flipping Report from ATTOM, 114,706 single-family houses and condominiums were flipped in Q1, 2022. That figure represents 9.6% of all home sales in Q1 or one in 10 transactions – the highest level since at least 2000. In addition, ATTOM […]
U.S. Current-Account Deficit Widens in Q1 2022
U.S. Current-Account Deficit Widens in Q1 2022 The Bureau of Economic Analysis says the U.S. current-account deficit, (reflecting the combined balances on trade in goods & services and income flows between U.S. residents and residents of other countries) widened by $ 66.6 billion, or 29.6%, to $ 291.4 billion in Q1, 2022. The BEA says […]
For $1.299m, a to-be-built contemporary stunner with a roof deck in Natick
For .299m, a to-be-built contemporary stunner with a roof deck in Natick With its built-in flower beds, primary suite balcony, and roof deck, this home under construction in Natick stands apart. | realestate.boston.com The post For $ 1.299m, a to-be-built contemporary stunner with a roof deck in Natick appeared first on Boston.com Real Estate.