The Ultimate Steak Doneness Guide
The Ultimate Steak Doneness Guide This Sunday, June 19th, is Father’s Day. And what better way to help Dad celebrate than a nice, juicy steak. Today’s mouthwatering infographic illustrates for us the ultimate steak doneness guide. And if you stop and close your eyes, you can almost smell the sizzle… Stay safe and have a […]
America’s Aging Housing Stock
America’s Aging Housing Stock Citing data from the American Community Survey, The NAHB’s Eye on Housing says the median age of owner-occupied homes in the U.S. is 39 years. They say this aging housing stock is signaling a growing remodeling market, as older structures will need to add new amenities, and repair/replace older components. They […]
Mortgage Applications Falls to Lowest Level in 22 Years
Mortgage Applications Falls to Lowest Level in 22 Years The Wall Street Journal is reporting (reposted on realtor.com) that mortgage applications fell to their lowest level in 22 years during the first week of June. They say this is another sign that the U.S. housing market is “coming back to Earth” after a red-hot, two-year […]
12 must-see open houses happening this weekend (June 18-19)
12 must-see open houses happening this weekend (June 18-19) From a bright two-bedroom Dorchester condo for $ 479,999 to a five-bedroom Victorian in Cambridge for $ 2,985,000. | realestate.boston.com The post 12 must-see open houses happening this weekend (June 18-19) appeared first on Boston.com Real Estate.
Listed: For $8,990,000, a historic Back Bay penthouse with a private roof deck
Listed: For ,990,000, a historic Back Bay penthouse with a private roof deck In a row of classic Back Bay brownstones, the Burrage Mansion’s white-stone, castle-like façade commands the attention of passersby. | realestate.boston.com The post Listed: For $ 8,990,000, a historic Back Bay penthouse with a private roof deck appeared first on Boston.com Real […]
CoreLogic’s HPI Says Home Prices Up 2.6% in April
CoreLogic’s HPI Says Home Prices Up 2.6% in April According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20.9% year-over-year in April. On a month-over-month basis, home prices increased by 2.6% in April compared with March. CoreLogic’s HPI Forecast predicts home prices will increase on a year-over-year […]
Inflation Hits New 40-Year High in May
Inflation Hits New 40-Year High in May The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 1% in May, 2022. However, the all items index was up 8.6% for the 12 months ending in May – the largest 12-month increase since December, 1981. “The […]
Hurry up and buy? Home buyers race to beat rising rates, driving prices upward.
Hurry up and buy? Home buyers race to beat rising rates, driving prices upward. The median price of a single-family home in Greater Boston hit a record in May despite rising mortgage interest rates. | realestate.boston.com The post Hurry up and buy? Home buyers race to beat rising rates, driving prices upward. appeared first on […]
Changes in Consumer Spending in April
Changes in Consumer Spending in April A recent report from the U.S. Bureau of Economic Analysis says that, in April, personal income increased $ 89.3 billion, or 0.4% at a monthly rate, while consumer spending increased $ 152.3 billion, or 0.9%. Interestingly, the personal saving rate dropped slightly to 4.4% in April compared with 5% […]
Wu testifies in favor of transfer fee that would boost affordable housing dollars
Wu testifies in favor of transfer fee that would boost affordable housing dollars “We know that the majority of our residents are housing-cost burdened and that prices continue to go up,” she told lawmakers. The post Wu testifies in favor of transfer fee that would boost affordable housing dollars appeared first on Boston.com Real Estate.