Rents are rising as inventory shrinks, and moving in or out gets more complicated The coronavirus pandemic has changed how renters look for, commit to, and move to new homes. The post Rents are rising as inventory shrinks, and moving in or out gets more complicated appeared first on Boston.com Real Estate.
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NMHC Says 80.8% of Apartment Households Paid Rent by June 6 The National Multifamily Housing Council (NMHC) says that 80.8% of apartment households made a full or partial rent payment by June 6th. This figure represents a 0.7-percentage point decrease in the share who paid rent through June 6, 2019 and compares to 80.2% that
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You can buy an entire 62-acre Swedish village for million The entire hamlet of 70 buildings, known as Satra Brunn, is for sale, with some of its structures dating to 1700. The post You can buy an entire 62-acre Swedish village for $ 72 million appeared first on Boston.com Real Estate.
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Local Market Monitor’s National Economic Outlook – June 2020 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer June 10, 2020 – Unexpectedly, the job data for May did not
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A new online real estate brokerage coming to Boston will bank on a buyer rebate An online-focused residential real estate firm is slated to arrive this summer in Boston. The post A new online real estate brokerage coming to Boston will bank on a buyer rebate appeared first on Boston.com Real Estate.
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Black Knight Says April Saw Largest Single-Month Increase in Delinquencies According Black Knight’s latest Mortgage Monitor, April saw the largest single-month increase in delinquencies on record, coming in at nearly 3 times the previous record in November, 2008. Black Knight’s delinquency numbers include both homeowners past due on mortgage payments who are not in forbearance,
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Why a rise in telecommuting may boost home sales in vacation spots What happens when jobs no longer have a fixed location because of the novel coronavirus? Read more on realestate.boston.com. The post Why a rise in telecommuting may boost home sales in vacation spots appeared first on Boston.com Real Estate.
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CoreLogic Says 2021 Will See First Home Price Declines in 9 Years According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 5.4% (year over year) in April 2020 compared with April 2019 and increased month over month by 1.4% in April 2020 compared with March 2020. However,
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Amazon’s South Boston proposal is the latest in a string of industrial projects Amazon plans to convert aformer Blue Cross Blue Shield warehouse into a last-mile delivery hub. The post Amazon’s South Boston proposal is the latest in a string of industrial projects appeared first on Boston.com Real Estate.
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Construction Spending Down 2.9% in April The U.S. government is reporting that total construction spending in April was at a seasonally adjusted annual rate of $ 1,346.2 billion, which is 2.9% higher than March’s revised estimate. However, April’s figure was 3% higher than April, 2019. Residential construction was at a seasonally adjusted annual rate of