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 »

Stay savvy during the winter season!

News / Boston REIA

As winter arrives, particularly in the northern regions of the country, today’s visuals from Weather.gov serve as a valuable reminder on how to handle snowy conditions. It is essential to share these graphics and prioritize safety. Have a wonderful and safe Friday! Additionally, credit goes to Weather.gov for providing this information. Visit their website for

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Flipping Activity Continues to Drop While Profits Continue to Rise

Despite profits continuing to rise, the activity of flipping has seen a decline.

News / Boston REIA

The latest U.S. Home Flipping Report from ATTOM reveals that in Q3, 2023, a total of 72,543 single-family houses and condominiums were flipped, accounting for 7.2% of all home sales during that period. ATTOM also reports that investor returns have been increasing for the past three quarters, with margins and raw profits reaching their highest

Despite profits continuing to rise, the activity of flipping has seen a decline. Read More »

Foreclosure Starts Rose in October - Real Estate Investing Today

Foreclosure initiations surged in October – Real Estate Investing Today

News / Boston REIA

According to Black Knight’s latest Mortgage First Look, the national delinquency rate decreased by 3 basis points to 3.26% in October. This represents a 9 basis point improvement compared to the same time last year. However, foreclosure starts increased to 33,000 in October, reaching their highest levels in 18 months. Meanwhile, the number of foreclosure

Foreclosure initiations surged in October – Real Estate Investing Today 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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Zombie Foreclosures Rise in Q4 - Real Estate Investing Today

The fourth quarter sees an increase in zombie foreclosures

News / Boston REIA

According to ATTOM Data’s Q4 2023 Vacant Property and Zombie Foreclosure Report, there were approximately 1.3 million vacant residential properties in the United States. This accounts for 1.27% of homes nationwide, or one in every 78 homes. The vacancy rate remained virtually unchanged from the previous quarter. The report also revealed that there were around

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Original: U.S. Homeownership & Rental Vacancy Rates for Q3 2023 – Real Estate Investing TodayRewritten: Homeownership and Rental Vacancy Rates in the United States for Q3 2023 – Real Estate Investment News

News / Boston REIA

The U.S. government has released data on national vacancy rates for Q3, 2023. The vacancy rates for rental housing were reported at 6.6%, while for homeowner housing, the rates were 0.8%. The homeownership rate for Q3, 2023 was 66%. Out of all housing units in the United States during this period, approximately 89.6% were occupied

Original: U.S. Homeownership & Rental Vacancy Rates for Q3 2023 – Real Estate Investing TodayRewritten: Homeownership and Rental Vacancy Rates in the United States for Q3 2023 – Real Estate Investment News Read More »

NAR Found Liable for Inflating Commissions; Jury Awards $1.78 Billion in Damages - Real Estate Investing Today

NAR Held Responsible for Inflating Commissions; Jury Grants $1.78 Billion in Compensation – Real Estate Investment News Today

News / Boston REIA

According to a report from Reuters, a federal court in Kansas City, Missouri has ruled in favor of the plaintiffs in a class action lawsuit against the National Association of Realtors (NAR), awarding them $1.78 billion in damages. The lawsuit represented sellers of over 260,000 homes in Missouri, Kansas, and Illinois between 2015 and 2022

NAR Held Responsible for Inflating Commissions; Jury Grants $1.78 Billion in Compensation – Real Estate Investment News 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

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

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 »