Boston Real Estate Investors Association

The Challenges of Converting Vacant Office Space into Apartments

Converting vacant office space into apartments poses several challenges.

Brian Hamrick During a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick interviews Andrew Hinton, who is in the final stages of converting an office space into an apartment. They discuss both the positive and negative aspects of the project, including challenges with architects, engineers, and city inspectors, as […]

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S&P CoreLogic Case-Shiller Index Up in July

The S&P CoreLogic Case-Shiller Index records a rise in July

News / Boston REIA

The latest report from the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index revealed a 1% annual change in home prices for July 2023. The 10-City Composite saw a 0.9% increase, while the 20-City Composite had a 0.1% increase compared to the previous year. Additionally, 19 out of the 20 major metropolitan markets reported

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Where Gas is the Cheapest & Most Expensive

Finding the most affordable and expensive gas prices

News / Boston REIA

According to a report by Statista, gasoline prices in the United States vary significantly. Factors such as state-specific transportation and distribution costs can lead to higher prices in states like Alaska and Hawaii. Additionally, state taxes also play a significant role in determining gasoline prices, as seen in high-tax states like California. Interestingly, the current

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Black Knight Says Early-Stage Delinquencies Continue to Trend Up

Black Knight reports that early-stage delinquencies are on the rise.

News / Boston REIA

According to Black Knight’s latest Mortgage Monitor, the delinquency rate for loans in the U.S. increased by 4 basis points in August, reaching 3.17%. However, this rate is still nearly one percentage point lower than the average for the same period between 2015 and 2019. The report also highlights a decline in serious delinquencies, with

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Housing Construction Plummets in August

News / Boston REIA

The U.S. government has released a report stating that privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,283,000. This is 11.3% lower than the revised number for July and 14.8% lower than the same time last year. In August, there were 334,000 units in buildings with five units or more.

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The Rule of 72 is a commonly used mathematical formula that estimates the time it takes for an investment to double its value based on a given interest rate.

News / Boston REIA

The “Rule of 72” is a fundamental principle in investing that estimates how long it takes to double your money. Instead of relying on this rule as a shortcut, there is a more precise logarithmic formula that can be used to determine the time it takes to grow your money at different annualized returns. Check

The Rule of 72 is a commonly used mathematical formula that estimates the time it takes for an investment to double its value based on a given interest rate. Read More »

High Mortgage Rates Weaken Builder Confidence

Builder confidence is undermined by high mortgage rates.

News / Boston REIA

High mortgage rates are a contributing factor to the weakening of builder confidence. The NAHB has reported that builder confidence in the market for newly built single-family homes has dropped below the key break-even measure of 50 for the first time in five months due to persistently high mortgage rates. According to the National Association

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Exploring the Role of Architects in Real Estate Investing

Examining the Role of Architects in Real Estate Investments

News / Boston REIA

In a recent episode of the AZREIA Show, Marcus Maloney and Michael Del Prete discuss architectural design and the growing popularity of additional dwelling units (ADUs) in Phoenix. They also explore how ADUs can boost cash flow for investors. The conversation emphasizes the importance of architectural design and the impact of renowned architects on real

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Redfin Says Investors Pulled Back, Bought 45% Fewer Homes Than One Year Ago

According to Redfin, there has been a decrease in investor activity as they bought 45% fewer homes compared to the previous year.

News / Boston REIA

A recent report from Redfin reveals that investor home purchases in Q2 2023 experienced a significant decline of 45% compared to the previous year, marking the largest drop since 2008. This decline in investor purchases surpassed the overall decline in home sales, which stood at 31%. The report also highlights that investor market share has

According to Redfin, there has been a decrease in investor activity as they bought 45% fewer homes compared to the previous year. Read More »

American Cities with the Highest Airbnb Densities

Top American Cities with the Highest Airbnb Concentrations

News / Boston REIA

According to a graphic from Statista, Hawaii has the highest density of Airbnb rentals out of all U.S. cities and regions analyzed by InsideAirbnb in June 2023. With 32,597 Airbnb listings for an estimated 1.4 million inhabitants, it surpasses other cities in terms of Airbnb density. You can view the graphic here. Stay safe and

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