Boston Real Estate Investors Association

You can buy an entire 62-acre Swedish village for $72 million

You can buy an entire 62-acre Swedish village for million The entire hamlet of 70 buildings, known as Satra Brunn, is for sale, with some of its structures dating to 1700. The post You can buy an entire 62-acre Swedish village for $ 72 million appeared first on Boston.com Real Estate.

Local Market Monitor’s National Economic Outlook – June 2020

Local Market Monitor’s National Economic Outlook – June 2020 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer June 10, 2020 – Unexpectedly, the job data for May did not […]

Black Knight Says April Saw Largest Single-Month Increase in Delinquencies

Black Knight Says April Saw Largest Single-Month Increase in Delinquencies According Black Knight’s latest Mortgage Monitor, April saw the largest single-month increase in delinquencies on record, coming in at nearly 3 times the previous record in November, 2008.  Black Knight’s delinquency numbers include both homeowners past due on mortgage payments who are not in forbearance, […]

Why a rise in telecommuting may boost home sales in vacation spots

Why a rise in telecommuting may boost home sales in vacation spots What happens when jobs no longer have a fixed location because of the novel coronavirus? Read more on realestate.boston.com. The post Why a rise in telecommuting may boost home sales in vacation spots appeared first on Boston.com Real Estate.

CoreLogic Says 2021 Will See First Home Price Declines in 9 Years

CoreLogic Says 2021 Will See First Home Price Declines in 9 Years According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 5.4% (year over year) in April 2020 compared with April 2019 and increased month over month by 1.4% in April 2020 compared with March 2020.  However, […]

Construction Spending Down 2.9% in April

Construction Spending Down 2.9% in April The U.S. government is reporting that total construction spending in April was at a seasonally adjusted annual rate of $ 1,346.2 billion, which is 2.9% higher than March’s revised estimate.  However, April’s figure was 3% higher than April, 2019.  Residential construction was at a seasonally adjusted annual rate of […]

The TikTok house wreaking havoc next door

The TikTok house wreaking havoc next door When a group of young men moved into a Bel Air mansion in January, some neighbors assumed they were tech entrepreneurs. Nope. The post The TikTok house wreaking havoc next door appeared first on Boston.com Real Estate.

ABODO: June Rent Prices are Flat

ABODO: June Rent Prices are Flat National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in May was $ 1,097 with two-bedroom units coming in at $ 1,344.  They remind readers that pandemic’s effect on nationwide rental prices is still a moving target: “The long-term effects of COVID-19 […]

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