The California Energy Commission passed a new order as a part of the 2019 Building Efficiency Standards mandating the installation of solar panels on most newly constructed homes starting in January of 2020.
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The American housing market is expected to be flooded with nearly $40 billion as a result of the Tax Cuts and Jobs Act.
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New-home sales in March took off, with an increase of 4 percent to 694,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-homes sales price was $369,900, with the inventory at 301,000—a 5.2-months [...]
Buyer demand for environmentally friendly/efficient homes is on the up, according to 61 percent of REALTORS® in the National Association of REALTORS® (NAR) REALTORS® and Sustainability 2018 Report. Lucky for them, the market has options for them, with eighty percent of REALTORS® reporting that their market has solar panels, and 23 percent [...]
For the second time this year, existing-home sales have strengthened, building on the gains in February, as reported by the National Association of REALTORS® (NAR). March saw an increase of 1.1 percent to 5.6 million, and inventory has seen increased of 5.7 percent up to 1.67 [...]
As temperatures get hotter, so does the housing market, with price increases totaling 8 percent year-over-year, according to a realtor.com® report. This March climb has sent the median list price from $275,000 in July 2017 to [...]
Boston Real Estate Market in 2018
The housing market in Metro Boston is back on track and looking healthy for 2018. A number of factors are driving this recent growth. The prediction is that prices will rise in 2018 as they will in most of the U.S. housing market.
The reason for the unusual late season surge is due to a big pent up demand from homebuyers and plenty of foreign real estate investors. Low mortgage rates, a strong economy, and the inventory of homes for sale is bolstering sales.
Massachusetts edged out Minnesota as the best state to raise a family, according to a study conducted by WalletHub.
The personal finance website looked at five key categories — family fun, health and safety, education and child care, affordability, and socio-economics — using 42 metrics.
Stay up to date with our Castles Unlimited blog on the 5 Real Estate upcoming technologies for 2018
This week, MassHousing closed on $17.1 million in financing for the construction of a new, 102-unit, affordable housing community in Lawrence.
Trinity Financial, Inc., the company whose affiliate was financed by MassHousing, will turn the former Van Brodie Mill into the new mixed-income community near the border of Methuen. The reuse [...]
After months of deliberation, Amazon has narrowed its list of contenders for its second headquarters down from 238 cities to 20.
"Getting from 238 to 20 was very tough - all the proposals showed tremendous enthusiasm and creativity," Holly Sullivan of Amazon Public Policy said in a statement. "Through this process we learned about many new [...]
According to a jobs report by the US Economy, 148,000 jobs were added in the month of December, with a stagnant unemployment rate of 4.1 percent. Average hourly wages inched to a nine cent increase, to [...]
According to a report on realtor.com, luxury real estate lagged behind general market growth in 2017, despite that million-dollar homes now make up more than seven percent of the real estate market, a significant increase from [...]
The real estate market is not immune to the increasing popularity of cryptocurrency transactions. As popular cryptocurrencies like Bitcoin grow in value and the benefits of a secure, coded block-chain transaction gain prevalence, the real estate market is becoming slowly intertwined with the possibility of cryptocurrency-based sales and [...]