US long-term mortgage rates climb (May 20)
US long-term mortgage rates climb (May 20) It was the first time since mid-April that the rate was at or above 3 percent. Continue reading and search the latest listings at realestate.boston.com. The post US long-term mortgage rates climb (May 20) appeared first on Boston.com Real Estate.
Demand for Second Homes Has More Than Doubled
Demand for Second Homes Has More Than Doubled Redfin says the rise in demand for second homes is more than twice the increase for primary homes, with the number of buyers who locked in mortgage rates for primary homes rising a whopping 178% from one year ago. They say that these second-home buyers are “out […]
Housing Starts Down Nearly 10% in April
Housing Starts Down Nearly 10% in April Oh what a difference a month can make. The U.S. government is reporting that privately‐owned housing starts in April were at a seasonally adjusted annual rate of 1,569,000, which is 9.5% lower than March’s revised number. However, this figure is 67.3% higher than one year ago. April’s rate […]
‘The Castle’ in Belmont hits the market for $6.5 million. See inside.
‘The Castle’ in Belmont hits the market for .5 million. See inside. The six-bed English Revival at 89 Fletcher Road was designed by Boston architects Derby, Barnes, & Champney and built in 1935. | realestate.boston.com The post ‘The Castle’ in Belmont hits the market for $ 6.5 million. See inside. appeared first on Boston.com Real […]
Mortgage Delinquencies Decrease in Q1 2021
Mortgage Delinquencies Decrease in Q1 2021 According to Mortgage Bankers Association’s First quarter of 2021 National Delinquency Survey, the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.38% of all loans outstanding. In addition, the MBA reports that the delinquency rate was down 35 basis points from […]
By Design: A nursery with a soothing woodland theme that reads wonderous
By Design: A nursery with a soothing woodland theme that reads wonderous Katie Goodrich of Ivory & Bone Interiors tells us about creating this nursery for her new niece. Get more design inspiration at realestate.boston.com. The post By Design: A nursery with a soothing woodland theme that reads wonderous appeared first on Boston.com Real Estate.
Luxury Home of the Week: A waterfront Swansea mansion with an indoor pool for $3.29 million
Luxury Home of the Week: A waterfront Swansea mansion with an indoor pool for .29 million The home’s interior balcony is great for looking at the resort-like indoor pool, hot tub, and lounge. Read more on realestate.boston.com. The post Luxury Home of the Week: A waterfront Swansea mansion with an indoor pool for $ 3.29 […]
Regulatory Costs Add $93k to New Home Prices
Regulatory Costs Add k to New Home Prices Just when you thought lumber prices were jacking up home prices, along comes a new study from the NAHB that says government regulations (imposed by all levels of gov’t) account for $ 93,870, or 23.8% of the current average sales price of a new single-family home (currently […]
Prices for Used Pickups are Skyrocketing
Prices for Used Pickups are Skyrocketing We’ve had several reports about skyrocketing lumber prices, well, here’s an indicator worth noting; A recent report on FoxNews says a sharp drop in the supply of new vehicles due to the ongoing chip shortage combined with a strong demand for cars has led to an increase in the […]
Tom Brady needs a new home. Derek Jeter sold the Tampa mansion he was renting
Tom Brady needs a new home. Derek Jeter sold the Tampa mansion he was renting The seven-bedroom, eight-bath waterfront estate sold on Friday for $ 22.5 million. Continue reading at realestate.boston.com. The post Tom Brady needs a new home. Derek Jeter sold the Tampa mansion he was renting appeared first on Boston.com Real Estate.