Boston Real Estate Investors Association

Black Knight Says Delinquencies Hit 8.5-Year High

Black Knight Says Delinquencies Hit 8.5-Year High According Black Knight’s latest Mortgage Monitor, May saw the overall delinquency rate hit its highest level in 8.5 years, with serious delinquencies on the rise as well as the number of homeowners 90+ days past due increasing by more than 50% over the past two months.  However they […]

NMHC Says 77.4% of Apartment Households Paid Rent by July 6

NMHC Says 77.4% of Apartment Households Paid Rent by July 6 The National Multifamily Housing Council (NMHC) says that 77.4% of apartment households made a full or partial rent payment by July 6th.  This figure represents a 2.3 percentage point decrease in the share who paid rent through July 6, 2019 and compares to 80.8% […]

A study found an ‘incredibly discouraging’ amount of housing discrimination in Boston. Here’s how city councilors are responding.

A study found an ‘incredibly discouraging’ amount of housing discrimination in Boston. Here’s how city councilors are responding. One proposal concerns the vouncher program, while a second envisions the city creating it’s own program to test for discrimination. The post A study found an ‘incredibly discouraging’ amount of housing discrimination in Boston. Here’s how city […]

2020 Tax Day Facts

2020 Tax Day Facts The folks over at WalletHub remind us that no one likes Tax Day, except for maybe accountants and Uncle Sam.  Well, they’re probably right…..And with Tax day coming up on Wednesday, July 15th, today’s infographic has a nice little breakdown of the red, white, blue and green. Happy Friday!!! Source: WalletHub […]

CoreLogic: Home Prices up 4.8% Year-Over Year in May….However

CoreLogic: Home Prices up 4.8% Year-Over Year in May….However According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 4.8% year-over-year in May, up 3.6% from May 2019.  CoreLogic says strong demand, especially by younger home buyers, and low supply helped push home prices higher in May.  Last […]

Mortgage rates have fallen to record lows for three straight weeks

Mortgage rates have fallen to record lows for three straight weeks Rates are making homes more affordable as potential buyers, who had been shut in, appear to be returning to the market. The post Mortgage rates have fallen to record lows for three straight weeks appeared first on Boston.com Real Estate.

Ask the Gardener: How to kill butterfly-murdering black swallow-wort

Ask the Gardener: How to kill butterfly-murdering black swallow-wort Carol Stocker offers advice on what to do in your garden this week, how to get rid of an invasive pest, and how to prune hydrangea. The post Ask the Gardener: How to kill butterfly-murdering black swallow-wort appeared first on Boston.com Real Estate.

A running list of the cost to rent in Eastern Mass. (July 7)

A running list of the cost to rent in Eastern Mass. (July 7) For the second month in a row, this Essex County city saw a 15 percent year-over-year increase in rent. The post A running list of the cost to rent in Eastern Mass. (July 7) appeared first on Boston.com Real Estate.

Foreign U.S. Home Buyers Drying Up

Foreign U.S. Home Buyers Drying Up Just three years ago we posted about how foreign buyers spent a record $ 153 billion on homes in the U.S.  Now, along comes a report from the Wall Street Journal (reposted on Realtor.com) that says foreign buying of U.S. homes is drying up.  Citing data from the National […]

Zumper Says Pandemic Pricing Continues to Affect Top Markets

Zumper Says Pandemic Pricing Continues to Affect Top Markets Rental information site Zumper recently released their National Rent Report for July, 2020 showing that the median national rent for 1-bedroom apartment was $ 1,229 (up 1%) and the median two-bedroom rent was $ 1,485 (up 0.8%).   Year to date, both one- and two-bedroom rents were […]

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