News

Getting a taste for delivery, folks stockpile booze and remodel to store it It’s a trend some say could continue beyond the pandemic and have far-reaching effects on how residents organize their homes. The post Getting a taste for delivery, folks stockpile booze and remodel to store it appeared first on Boston.com Real Estate.

Pending Home Sales Fall in March, NAR Says it’s Temporary The National Association of Realtors is reporting that pending home sales were down 20.8% in March with the NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) decreasing to 88.2.  In addition, they reported that year-over-year contract signings were down 16.3%.  The

Housing market faces its next crisis as May rent and mortgages come due For 13 years, Danny Catalanotto paid the more-than-$ 2,000 mortgage on his Bowie, Maryland, home on time every month. When work as a church organist dried up in mid-March, Catalanotto says, he expected his mortgage company to offer help. Instead, a large

S&P CoreLogic Case-Shiller Index Up 4.2% in February According to the latest S&P CoreLogic Case-Shiller Indices, covering all nine U.S. census divisions, the rate of home price increases reported a 4.2% annual gain in February.  Their 10-City Composite annual increase came in at 2.9% and the 20-City Composite posted a 3.5% year-over-year gain.  The S&P

Tom Brady’s house is off the market. Here’s why Have they changed their minds about selling? Are they renting it out? The listing agent weighs in. The post Tom Brady’s house is off the market. Here’s why appeared first on Boston.com Real Estate.

150 Years of Oil-Price History in One Chart The oil market has been making big news recently at demand for gasoline has dried up as a result of the Coronavirus pandemic.  Oil is one of those closely-watched commodities that, with the slightest move up or down, affects economies around the globe.  As reported by MarketWatch,

Zillow Sees Increased Online Home Shopping Activity Zillow says that after experiencing a mid-march decline in searches as the pandemic rolled into full effect, they are now reporting renewed interest in home searching as they say Americans have adapted to a temporary normal.   Interestingly, not only did the number of home searches see an uptick

In Boston area, more single women are snapping up homes than single men More single women nationwide have been chipping away at the idea that home buying is more feasible for couples. The post In Boston area, more single women are snapping up homes than single men appeared first on Boston.com Real Estate.

Mortgage Delinquencies See First-Ever March Increase Black Knight is reporting that mortgage delinquencies saw their first-ever March increase resulting from the Coronavirus pandemic early impact.  In addition, they report that both the national foreclosure and 90-day delinquency rates set new record lows in March – which they say is a lingering reminder of the market’s

How do people really feel about virtual home tours? In a National Association of Realtors survey, 48 percent of buyers ages 39 to 63 said virtual tours were a “very useful” tool in their search. The post How do people really feel about virtual home tours? appeared first on Boston.com Real Estate.