More Younger People are Heading Households
More Younger People are Heading Households For the first time in a long time (pre-internet, even), the number of young people aged 25-34 heading households has increased. The NAHB’s Eye on Housing recently crunched the numbers to show this trend’s reversal. They call it a “hopeful indicator” that may have reversed the recent trend of […]
The frozen US housing market is relying on bargains and desperation
The frozen US housing market is relying on bargains and desperation Jim Morris is on the hunt for a South Florida mansion, at a bargain price. He’s got money to spend and few competitors. | realestate.boston.com The post The frozen US housing market is relying on bargains and desperation appeared first on Boston.com Real Estate.
How Census Housing Data is Used
How Census Housing Data is Used It might be easy to forget during the pandemic that there is a still a census being conducted by the federal government. As you may recall from high school civics, the U.S. Constitution mandates that a census be conducted every 10 years in order to count our nation’s population. […]
How real estate closings are getting done during the pandemic
How real estate closings are getting done during the pandemic While much of the rest of the real estate process has gone virtual, attorneys are still meeting home buyers in person. | realestate.boston.com The post How real estate closings are getting done during the pandemic appeared first on Boston.com Real Estate.
Homebuyers & taxpayers need Emergency Transparency Act to protect themselves during pandemic
Homebuyers & taxpayers need Emergency Transparency Act to protect themselves during pandemic “Everything that is wrong with America, in one image” that stark assessment of the image above is underlined by a prophetic comment on the original post: ”That’s what happens when you manipulate the markets, at some point that divergence will play out and it’s […]
NMHC Says 69% of Households Paid their Rent by April 5
NMHC Says 69% of Households Paid their Rent by April 5 The National Multifamily Housing Council (NMHC) says that 69% of households paid their rent by April 5th. This figure is 12 points less than the percentage that paid by March 5th and 13 points less than one year ago. The data comes from the […]
Yardi Says Impact from Pandemic Tightening Its Grip on Economy
Yardi Says Impact from Pandemic Tightening Its Grip on Economy According to the latest Yardi Matrix, the average U.S. rent in March was $ 1,474 (up $ 6), however they warn that major impacts from the spread of the Cornonavirus will start showing up in April. That being said, Yardi says rents increased 2.9% in […]
VIDEO: Harvard Epidemiologist Dr. George Seage Discusses COVID-19 and Real Estate
VIDEO: Harvard Epidemiologist Dr. George Seage Discusses COVID-19 and Real Estate I’m posting the YouTube video of our fantastic Zoom call on COVID-19 with Dr. George Seage, Director of Infectious Disease Program at Harvard School of Public Health. Dr. Seage is the Harvard faculty advisor to the Massachusetts COVID-19 Tracing Program. Some quick take-aways: Â Worst […]
Tourist Towns Tell Folks to Stay Away During Pandemic
Tourist Towns Tell Folks to Stay Away During Pandemic It’s an unfortunate sign of the times during our current national emergency; Tourists are being turned back from the Florida Keys and even the Outer Banks of North Carolina has road blocks in place doing the same. A recent story in the Wall Street Journal (reposted […]
How to protect yourself from renter fraud
How to protect yourself from renter fraud An apartment list study found that 5.2 million renters in the United States have lost money to rental fraud. Read more on realestate.boston.com. The post How to protect yourself from renter fraud appeared first on Boston.com Real Estate.