Home Prices Could Hold Steady Despite Coronavirus
Home Prices Could Hold Steady Despite Coronavirus While home sales have slowed dramatically since last month, CNBC’s Diana Olick said that despite the Coronavirus pandemic, home prices could hold steady.Ā The discussion was part of a discussion about home sales on Squawk Box where they also pointed out that previously “hot” home prices may not […]
New-home sales dropped 41.5% in the Northeast
New-home sales dropped 41.5% in the Northeast The sale of new homes in the United States declined by the most since July 2013. The post New-home sales dropped 41.5% in the Northeast appeared first on Boston.com Real Estate.
Breaking Down $1 of Rent
Breaking Down of Rent There is a lot of misinformation out there about landlords and profit margins from their investments.Ā Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $ 1 of rent really goes.Ā Indeed……Stay safe & healthy and have […]
Massachusetts Eviction and Foreclosure Moratorium For COVID-19 Emergency Signed Into Law
Massachusetts Eviction and Foreclosure Moratorium For COVID-19 Emergency Signed Into Law Unprecedented, Sweeping Prohibition on Residential and Commercial Evictions Enacted Without Corresponding Mortgage and Tax Relief to Property Owners In an unprecedented, sweeping, and likely unconstitutional move, the Massachusetts Legislature has passed, and Governor Charlie Baker has just signed into law An Act Providing For […]
You can buy Chris Evansās house from the movie āKnives Outā in Lincoln
You can buy Chris Evansās house from the movie āKnives Outā in Lincoln The Lincoln property at 37 Laurel Ave. is a three-bedroom, two-bathroom home built in 1957 and set on 1.06 acres. The post You can buy Chris Evans’s house from the movie ‘Knives Out’ in Lincoln appeared first on Boston.com Real Estate.
NMHC Says Apartment Market Showing Weakness
NMHC Says Apartment Market Showing Weakness According to the National Multifamily Housing Councilās (NMHC) Quarterly Survey of Apartment Market Conditions for April 2020, apartment market conditions weakened as the industry confronts the ongoing COVID-19 pandemic.Ā According to their survey metrics;Ā Market Tightness (12), Sales Volume (6), Equity Financing (13), and Debt Financing (20) indexes all […]
Feeling boxed in? Boston reportedly has the smallest homes
Feeling boxed in? Boston reportedly has the smallest homes To put Bostonās small space in perspective, itās less than half the size of the median living area of Colorado Springs, Colo. The post Feeling boxed in? Boston reportedly has the smallest homes appeared first on Boston.com Real Estate.
Average Apartment Space Per Person
Average Apartment Space Per Person With the Coronavirus pandemic temporarily (hopefully) altering the way America works, the folks over at RentCafĆ© reminds us that the concept of space has taken on a whole new meaning – especially for apartment dwellers.Ā They looked at the largest cities across the nation (using Yardi and U.S. Census Bureau […]
Reports: The pandemic didnāt stop home prices from rising in Mass.
Reports: The pandemic didnāt stop home prices from rising in Mass. For the third month in a row, the median price for a condo in the state is higher than the cost of a single-family home. The post Reports: The pandemic didn’t stop home prices from rising in Mass. appeared first on Boston.com Real Estate.
FHFA Announces 4-Month Advance Obligation Limit for Loans in Forbearance
FHFA Announces 4-Month Advance Obligation Limit for Loans in Forbearance The Federal Housing Finance Agency (FHFA) recently announced the alignment of Fannie Mae’s and Freddie Mac’s (the Enterprises) policies regarding servicer obligations to advance scheduled monthly principal and interest payments for single-family mortgage loans.Ā In other words, once a servicer has advanced four months of […]