Few Cities have Average Rent Below Pre-Pandemic Levels
Few Cities have Average Rent Below Pre-Pandemic Levels According to Apartment List’s October National Rent Report, only a few cities still remain cheaper than what they were pre-pandemic – and they say those are unlikely to remain much longer. In addition, they report that since January the national median rent has increased by a staggering […]
Mortgage rates surge past 3% for the first time since June
Mortgage rates surge past 3% for the first time since June If rates continue to tick up, that could help moderate surging prices, according to Sam Khater, chief economist at Freddie Mac. | realestate.boston.com. The post Mortgage rates surge past 3% for the first time since June appeared first on Boston.com Real Estate.
Fire Prevention Week is October 3-9, 2021
Fire Prevention Week is October 3-9, 2021 National Fire Prevention Week runs October 3rd – 9th, 2021 and one of the best ways to celebrate is to check all your properties’ smoke alarms for functionality and age. If you have one that’s over than 10 years old, that means it’s time to replace it! And […]
Demand for Second Homes Tanks
Demand for Second Homes Tanks We have had several posts over the past couple years about the growing demand for second homes. However, a recent report from Redfin says demand those homes dropped 19.3% year over year in August, marking the third-straight month of declines. However, they do predict that interest in vacation homes will […]
Boston just ranked among the 10 most neighborly cities in America
Boston just ranked among the 10 most neighborly cities in America Boston also ranked fourth in charitable giving and third in nonprofits. What over New England city made the list? | realestate.boston.com. The post Boston just ranked among the 10 most neighborly cities in America appeared first on Boston.com Real Estate.
Home Price Increases Reach All-Time High in July
Home Price Increases Reach All-Time High in July According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 18% year-over-year in July. CoreLogic predicts that home prices will increase on a month-over-month basis by 0.7% through August, 2022, and on a year-over-year basis by 2.7% through July, 2022. […]
The tiny Newton home listed for nearly $450,000 is a sign of the times
The tiny Newton home listed for nearly 0,000 is a sign of the times The bedroom, described as a “Skylit Sleeping Loft with Knee-High Ceiling,” is similar to a camper setup, the agent says. | realestate.boston.com The post The tiny Newton home listed for nearly $ 450,000 is a sign of the times appeared first […]
Zombies Decline In Q3 as Foreclosure Moratorium Ends
Zombies Decline In Q3 as Foreclosure Moratorium Ends According to ATTOM Data’s Q3, 2021 Vacant and Zombie Foreclosure Report, there are 1.3 million residential properties in the U.S. sitting vacant, representing 1.4% or one in 74 homes nationwide. In addition, the report says that 215,495 properties are in the process of foreclosure in Q3 down […]
12 must-see open houses happening this weekend (Oct. 2-3)
12 must-see open houses happening this weekend (Oct. 2-3) From a 3-bed Norton condo with an updated kitchen for $ 419,900 to a 5-bed Brookline Cape with a first-floor suite for $ 2.85m. | realestate.boston.com The post 12 must-see open houses happening this weekend (Oct. 2-3) appeared first on Boston.com Real Estate.
New Single-Family Home Sales Up 1.5% in August
New Single-Family Home Sales Up 1.5% in August The U.S. Government is reporting that sales of new single-family houses in August, 2021 were at a seasonally adjusted annual rate of 740k, which is 1.5% higher than July’s revised rate and is 24.3% lower than one year ago. The median sales price of new houses sold […]