News

Yardi Says Bright Spots are Beginning to Emerge According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.2% year-over-year in January.  However, overall rents increased in January by $ 3 to $ 1,392.  Yardi says bright spots are beginning to emerge. “As we enter 2021, there seems to be […]

Pandemic Year Sees Soaring Home Seller Profits as Prices Set New Records According to their Year-End 2020 U.S. Home Sales Report, ATTOM Data Solutions says profits on home sales increased in 9 out of 10 Housing Markets in 2020 with the national median home price up 13%.  In addition the report says sellers nationwide realized

Home of the Week: Norwell Swiss Revival shows off shiplapped great room The home — which is near a park, river, and woodlands — has three bedrooms and two full baths. Search the latest listings at realestate.boston.com. The post Home of the Week: Norwell Swiss Revival shows off shiplapped great room appeared first on Boston.com

FHFA Extending Foreclosure & Eviction Moratoriums through March The Federal Housing Finance Agency (FHFA) announced they are extending their moratorium on foreclosures and evictions from single-family foreclosures and real estate owned (REO) through March 31, 2021.  The foreclosure moratorium applies to Enterprise-backed (Fannie Mae & Freddie mac), single-family mortgages only.  The REO eviction moratorium applies

Amid a pandemic, a revived market for new homes New construction has become the saving grace for a growing number of buyers drawn into the market by low mortgage rates. | realestate.boston.com The post Amid a pandemic, a revived market for new homes appeared first on Boston.com Real Estate.

For 5,000 far from the daily grind: A Maine mill-turned-waterfront home The home, the site of several weddings, sits on 2 acres, but the buyers can purchase an additional 4.8. Continue reading at realestate.boston.com. The post For $ 575,000 far from the daily grind: A Maine mill-turned-waterfront home appeared first on Boston.com Real Estate.

Emergency Rental Assistance Program Grantee List Rental Emergency Assistance funding came through in the December 2020 Stimulus Bill and will result in $ 25 billion being made available to residents who are behind on rent and utilities for Covid-19 related reasons.  The funds are distributed like a block grant, to states, territories and substantial counties

So, you want to invest in residential foreclosures?  Not sure quite where to start?  It is helpful to understand first that there are three faces to “foreclosures”, each with very different characteristics. The first face of foreclosure investing is the “pre-foreclosure”.  The pre-foreclosure period begins when a homeowner gets behind on his or her loan,

This Spanish Mediterranean Colonial in Chestnut Hill set a record high sale price for Newton A rare Spanish Mediterranean Colonial in Newton is historic in more ways than one. The seven-bedroom, early 20th-century mansion at 152 Suffolk Road in the city’s Chestnut Hill neighborhood closed on Feb. 5 for $ 9,900,000, a record for a

Construction Spending Up 1% in December The U.S. government is reporting that total construction spending in December was at a seasonally adjusted annual rate of $ 1,490.4 billion, which is 1% above than November’s revised estimate.  In addition, December’s figure was 5.7% higher than December, 2019.  Residential construction was at a seasonally adjusted annual rate