New Home Sales Down 19.4% from 2020
New Home Sales Down 19.4% from 2020 The U.S. Government is reporting that sales of new single-family houses in June, 2021 were at a seasonally adjusted annual rate of 676k, which is 6.6% lower than May’s revised rate and is 19.4% lower than one year ago. The median sales price of new houses sold in […]
Why a home warranty may help if you waived your home inspection
Why a home warranty may help if you waived your home inspection Approximately 25% of buyers waived the home inspection contingency in May 2021. Continue reading at realestate.boston.com. The post Why a home warranty may help if you waived your home inspection appeared first on Boston.com Real Estate.
Places Where Land Prices are Growing the Most
Places Where Land Prices are Growing the Most Realtor.com says the places where raw land prices have risen the most since last year all have vibrant and growing economies, making them good bets for relocation. In fact, point out that people are fleeing more densely populated and expensive areas which is pushing up prices for […]
Report: Renters coming from outside metro Boston may be driving up costs
Report: Renters coming from outside metro Boston may be driving up costs More people with higher budgets are looking to move to Boston, and it may be forcing current residents to look outside the city. | realestate.boston.com The post Report: Renters coming from outside metro Boston may be driving up costs appeared first on Boston.com […]
Yardi Says Multifamily Rents Have Skyrocketed
Yardi Says Multifamily Rents Have Skyrocketed According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in June increased $ 23 to $ 1,482 (up 6.3% year-over-year). Yardi says single-family (Built-to-Rent) rents grew even faster at an 11% year-over-year pace. In addition they say a “slew of factors” has pushed asking rent […]
Burned by the hot housing market, some buyers back off
Burned by the hot housing market, some buyers back off The first house was in Midvale, Utah — a three-bedroom, just over 2,100 square feet, listed for $ 479,000. Rob Ettaro and his girlfriend, Kaliana Veros, who had moved from western New York to Salt Lake City, drawn by career opportunities and the stunning scenery […]
US home prices rise the fastest in 17 years
US home prices rise the fastest in 17 years The hottest markets were Phoenix, San Diego, and Seattle. What are prices doing in Boston? Continue reading on realestate.boston.com. The post US home prices rise the fastest in 17 years appeared first on Boston.com Real Estate.
Rise of the Sister Cities
Rise of the Sister Cities The Pandemic has altered life as we know it in many ways – some of which are becoming more apparent every day. John Burns Real Estate Consulting says many buyers & renters that are no longer required to come in to the office every day are flocking to smaller metros […]
Why hasn’t climate change put a dent in luxury real estate?
Why hasn’t climate change put a dent in luxury real estate? Events such as flooding and hurricanes seem to encourage high-end construction rather than deter it, real estate agents say. | realestate.boston.com The post Why hasn’t climate change put a dent in luxury real estate? appeared first on Boston.com Real Estate.
Treasury Says Amount of June Emergency Rental Assistance More Than All Previous Months Combined
Treasury Says Amount of June Emergency Rental Assistance More Than All Previous Months Combined As if to quickly to pat themselves on the back, the U.S. Treasury Department says more than $ 1.5 billion in rental assistance was delivered to eligible households in the month of June, more than the assistance provided during all three […]