Boston Real Estate Investors Association

Civil Rights Group Challenges Unlawful CDC Eviction Order

Civil Rights Group Challenges Unlawful CDC Eviction Order The New Civil Liberties Alliance, a nonpartisan, nonprofit civil rights group, recently filed a complaint and request for a temporary restraining order or preliminary injunction in the U.S. District Court for the Northern District of Georgia to challenge the authority of the Centers for Disease Control & […]

12 must-see open houses happening this weekend (Sept. 19-20)

12 must-see open houses happening this weekend (Sept. 19-20) From a one-bedroom Quincy condo about a half mile from the T for $ 379,900 to a new five-bedroom Brookline Colonial for $ 3,850,000. The post 12 must-see open houses happening this weekend (Sept. 19-20) appeared first on Boston.com Real Estate.

Rental Housing in America

Rental Housing in America Who owns rental properties in America?  Members of National REIA will not be surprised to learn that of the 19+ million rental properties across the nation, 72% are owned by individual investors.  The NAHB’s Eye on Housing recently took a deep-dive into the Census Bureau’s Rental Housing Finance Survey (RHFS) to […]

Majority of Young Adults Now Live With Parents

Majority of Young Adults Now Live With Parents We started seeing this trend a few years ago, well before the Coronavirus pandemic.  Now comes more data from Statista in the form of today’s infographic.  Citing recent data from Pew Research, it shows that 52% of Americans aged between 18 and 29 now live with a […]

Long-term mortgage rates inch up (Sept. 17)

Long-term mortgage rates inch up (Sept. 17) The average for a 30-year, fixed loan was 2.87%, up from 2.86% last week, which was the lowest in almost 50 years of data-keeping. The post Long-term mortgage rates inch up (Sept. 17) appeared first on Boston.com Real Estate.

Redfin: Record-Low Inventory has Created “Complete Storm of Insanity”

Redfin: Record-Low Inventory has Created “Complete Storm of Insanity” A recent Redfin report says record-low inventory has “created a complete storm of insanity” in small, affordable markets with an exodus of buyers leaving the West Coast.  In fact, they point out several key points to bolster their claim.  Among them are: Median home sale price […]

Consumer Price Index Up 0.4% in August, 2020

Consumer Price Index Up 0.4% in August, 2020 The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4% in August.  Interestingly, they point out that the index’s sharp rise for used cars and trucks accounted for over 40% of the increase.  Over the past 12 […]

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