As the real estate industry moves forward with the execution of the now-effective TILA-RESPA Integrated Disclosure rule (TRID), a bill intended to help smaller lending, title and escrow companies with compliance, passed the House of Representatives on Wednesday, October 7. The bill "Homebuyers Assistance Act (H.R. 3192), suggested a period [...]
Non-traditional forms of financing new single-family home purchases remained high in 2014, but the use and mix differed significantly across the country, according to NAHB analysis of a recent Census Bureau Survey of Construction (SOC) data. In the West North Central division, only 21 percent of new homes in 2014 were attained using [...]
Just because it’s on the Internet doesn’t mean it's true: words to live by, especially when renting online.
You think you’ve found the perfect place – everything you've been searching for with a landlord eager and willing to accept first, last and security. But beware; that too good to be true listing you found online might actually be too [...]
U.S. multifamily rents are now at a record high and still climbing rapidly. In August the average nationwide rent rose to $1,162, a 6.5 percent increase year over year. This percentage mirrored that of July when the average U.S. apartment rent rose to $1,155. And that’s not all: rents have been [...]
The Greater Boston housing market exhibited significant growth this August, with the month’s 1,720 single-family sales representing a 13.5 percent increase from a year ago.
Furthermore, with 1,302 contracts signed in August pending sales were up 30.9 percent. This denotes at least another month of strong sales [...]
A recent study by apartmentlist.com focused exclusively on millennials and their intentions about buying a home. The data comes from nearly 6,000 millennial renters (age 18-34) at a time when home ownership for American's under 35 is the lowest in history since 1984. Here, we break down the key findings in the [...]
In a study conducted by WalletHub, Boston has been ranked the healthiest home market in the U.S. Based on Census data and the American Housing Survey, these figures compared the 25 largest metropolitan areas in the United States, with the Massachusetts capital taking the top spot. The survey was established upon the following 7 [...]
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