Boston Real Estate Investors Association

US long-term mortgage rates continue to fall

US long-term mortgage rates continue to fall The rate for a 15-year loan, a popular option among homeowners refinancing their mortgages, also dropped. | realestate.boston.com The post US long-term mortgage rates continue to fall appeared first on Boston.com Real Estate.

Rentable Says Rents Will Escalate

Rentable Says Rents Will Escalate Rentable says that the median nationwide rent price for one-bedroom units in June was $ 1,162 (up 1.4%) with two-bedroom units coming in at $ 1421 (up 1.23%). For the year-to-date, Rentable says one-bedrooms are now up 3.38% and two-bedrooms have gained 2.82%.  Be sure to check out their full […]

12 must-see open houses happening this weekend (July 10–11)

12 must-see open houses happening this weekend (July 10–11) From a 3-bedroom Bridgewater Colonial with an enclosed front porch for $ 299,900 to a 5-bedroom Newton home in Waban for $ 1.95m. | realestate.boston.com The post 12 must-see open houses happening this weekend (July 10–11) appeared first on Boston.com Real Estate.

Construction Spending Up 7.5% Year-Over-Year

Construction Spending Up 7.5% Year-Over-Year The U.S. government is reporting that total construction spending in May was at a seasonally adjusted annual rate of $ 1,545.3 billion, which is 0.3% below April’s revised estimate.  However, May’s figure was 7.5% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate of $ […]

A home in Cambridge went for nearly $1m over asking. Yes, really.

A home in Cambridge went for nearly m over asking. Yes, really. Over-asking bids have become a staple of the competitive real estate market across the region in the past year. | realestate.boston.com The post A home in Cambridge went for nearly $ 1m over asking. Yes, really. appeared first on Boston.com Real Estate.

Key Trends from Remodeling Magazine’s 2021 Cost vs Value Report

Key Trends from Remodeling Magazine’s 2021 Cost vs Value Report According to key trends from the 2021 Cost vs. Value Report, exterior improvement projects continued a multiyear trend of providing the greatest return on investment (ROI) for homeowners.  In fact, as Remodeling points out, 11 out of 12 projects with the highest ROI were exterior […]

By Design: Backyard ‘glamping’ is the ultimate staycation

By Design: Backyard ‘glamping’ is the ultimate staycation Boston designer Lisa Buyuk based spent the past year refining ways to bring interior living outside. Continue reading at realestate.boston.com. The post By Design: Backyard ‘glamping’ is the ultimate staycation appeared first on Boston.com Real Estate.

S&PCoreLogicCaseShiller Says Annual Home Price Gains Surged to 14.6% in April

S&PCoreLogicCaseShiller Says Annual Home Price Gains Surged to 14.6% in April The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 14.6% annual gain for April, 2021.  Their 10-City Composite annual increase came in at 14.4% and their 20-City Composite posted a 14.9% year-over-year gain.  April’s figure marked the highest annual rate of […]

America is 245 Years Strong!

America is 245 Years Strong! This Sunday, July 4th, marks 245 years of America’s independence!  Today’s infographic takes a look at the 4th of July “by the numbers” to provide some insight about this holiday we Americans hold dear.  Whatever you do to celebrate, do it safely and have fun…..and, as for today, Stay safe […]

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