National News
Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August. The National Association of Realtors reports that the pending home sales index rose 0.5 percent from 104.1 in August to 104.5
The city of Boston is getting ready for the National Association of Realtors 2018 Realtors Conference and Expo, which will take place at the Boston Convention and Exhibition Center on November 2-5. More than 20,000 Realtors, experts and guests
Recent reports of a sluggish housing market have put at least some of the blame on rising interest rates. Over the last 12 months, the interest rate on a typical 30-year fixed-rate mortgage has increased by nearly one full
The financial website How Much used data from the National Association of Realtors and mortgage-information website HSH.com to find the nation’s most expensive “average-sized” homes. The study found that the median U.S. household annual income rose nearly 2 percent
A recent study from two members of Stanford University’s political science department finds a strong positive relationship between voter turnout rates and property values among homeowners. Along with a growing body of research around how homeowners vote, this could
With home prices rising across the country, many buyers may think that moving out to the suburbs is the solution to finding a home that they can afford. However, suburban areas are now rivaling urban areas in affordability in
Luxury Portfolio International‘s 2018 Global Luxury Real Estate report found that, globally, almost 40 percent of high-net-worth individuals will be looking to buy property but only 23 percent are willing to sell. With the imbalance of purchase intent, the market could experience
Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and
Homeownership is the biggest priority for millennials, according to the latest Bank of America Insights Report. A little over 70 percent of those surveyed said homeownership is their top priority, outranking traveling (61 percent), getting married (50 percent) and
It would take the average American seven years to save up enough to make a down payment on a home, according to Zillow’s latest report. This is longer compared to 20 years ago when it took the average American
Port Clinton Place Opus Group Port Clinton Place is part of a mixed-use development that provides a gateway to the local community. The construction of a luxury condominium building and rowhome residences was a vital piece of that development.
Related Midwest Related Midwest, the Chicago office of Related Companies, is the preeminent developer of luxury condominium and rental homes, affordable housing communities and mixed-use properties in Chicago. Known for its architecturally significant, market-defining projects, including 500 Lake Shore
Fewer homebuyers are making purchases sight-unseen, according to Redfin. In a recent survey, only 20 percent of recent homebuyers made an offer sight-unseen compared to the 35 percent in 2017. In May, Redfin analysts noticed sight-unseen offers returned to
The United States currently has the highest percentage of immigrants since 1910 with 13.7 percent of the population being foreign-born. This has led to economic growth from 2011 to 2016 that accounted for much of the nation’s post-recession growth
Americans are fixated on owning their dream homes despite the current housing market trends, a new survey from the PenFed Credit Union National Mortgage Survey revealed. Over the next two years 37 percent of adults and 52 percent of
Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK. But even though leveraging home equity into a