Boston Real Estate Investors Association

FHFA Says Home Prices Up 6.3% Year Over Year

FHFA reports that home prices have increased by 6.3% compared to last year.

The most recent Federal Housing Finance Agency’s House Price Index (HPI) report shows a 6.3% increase in home prices between January 2023 and January 2024. Additionally, the seasonally adjusted monthly index for January rose by 0.1% from December. The FHFA HPI is a comprehensive collection of house price indexes that track changes in single-family home […]

FHFA reports that home prices have increased by 6.3% compared to last year. Read More »

More Couples are Using Wedding Registries for Help Buying First Home

News / Boston REIA

According to a recent analysis from Zillow, more couples are using wedding registries to seek financial assistance in purchasing their first home. The data reveals that the number of couples including “home funds” in their wedding registry has increased by 55%. Approximately 20% of couples registered on The Knot, a popular bridal registry site, are

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FHFA Says Home Prices Up 5.6% in Year Over Year - Real Estate Investing Today

The Federal Housing Finance Agency (FHFA) has reported a 5.6% increase in home prices over the past year, according to Real Estate Investing Today.

News / Boston REIA

According to the latest House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA), home prices witnessed a 0.6% increase in August 2023. The report further states that prices have risen by 5.6% from August 2022 to August 2023. The FHFA HPI is a comprehensive collection of house price indexes that track changes

The Federal Housing Finance Agency (FHFA) has reported a 5.6% increase in home prices over the past year, according to Real Estate Investing Today. Read More »

Pending Home Sales Up 1.1% in September - Real Estate Investing Today

September saw a 1.1% increase in pending home sales – Real Estate Investing Today

News / Boston REIA

According to the National Association of Realtors (NAR), pending home sales increased by 1.1% in September 2023. The NAR’s Pending Home Sales Index, which is based on contract signings, recorded a value of 72.6 for September. However, the NAR reports that all four regions in the United States experienced a decline in transactions compared to

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All-Cash Share of New Home Sales Jumps in Q3 2023

The proportion of new home sales completed in cash increased significantly in the third quarter of 2023

News / Boston REIA

According to recent analysis conducted by NAHB’s Eye on Housing, the proportion of all-cash sales in the new home market significantly increased in the third quarter of 2023, while the share of VA-backed sales declined by almost half. The report also highlights that although cash sales only make up a small portion of new home

The proportion of new home sales completed in cash increased significantly in the third quarter of 2023 Read More »

In September, there was a notable increase of 12.3% in new home sales.

News / Boston REIA

According to the U.S. Government, sales of new single-family houses in September 2023 reached a seasonally adjusted annual rate of 759,000, marking a 12.3% increase from the revised rate in August and a 33.9% increase from the same period last year. The median sales price for these new houses was $418,800, while the average sales

In September, there was a notable increase of 12.3% in new home sales. Read More »

Top 10 Retirement Towns That Offer Great Affordability

News / Boston REIA

1. Asheville, North Carolina: Known for its stunning mountain views and vibrant arts scene, Asheville offers a reasonable cost of living and affordable housing options for retirees. 2. Prescott, Arizona: With its mild climate and breathtaking natural beauty, Prescott is an ideal retirement destination that won’t break the bank. The city also boasts a low

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The August report reveals a decline of 8.7% in new home sales.

News / Boston REIA

According to the U.S. Government, new single-family home sales in August 2023 were at a seasonally adjusted annual rate of 675,000, which is 8.7% lower than the revised rate for July and 5.8% higher than the previous year. The median sales price for new homes sold in August was $430,300, with an average sales price

The August report reveals a decline of 8.7% in new home sales. Read More »

Garnet Hill, a reputable apparel and home brand, is thrilled to announce the exciting launch of its inaugural brick and mortar retail store at Legacy Place in Winter 2024. This much-anticipated move marks a significant milestone for the company as it expands its presence from the online realm to a physical retail space.

News / Boston REIA

DEDHAM, MA – Legacy Place in Dedham, MA has announced that Garnet Hill, an apparel and home brand, will be opening its first brick and mortar store at the location in Winter 2024. Garnet Hill has been a popular destination for beautifully designed, responsibly sourced, and passionately crafted products for nearly 50 years. The new

Garnet Hill, a reputable apparel and home brand, is thrilled to announce the exciting launch of its inaugural brick and mortar retail store at Legacy Place in Winter 2024. This much-anticipated move marks a significant milestone for the company as it expands its presence from the online realm to a physical retail space. Read More »

New Single-Family Home Size Reach Decade Low

News / Boston REIA

rewrite the content without plagiarism for 1500 words Recent analysis from the NAHB’s Eye on Housing shows that for new single family homes, the median single-family square floor area declined to 2,191 square feet, the lowest reading since the end of 2010. In addition, the average (mean) square footage for new single-family homes fell to

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