News
2025 home sales stuck at 30-year low with prices high and mortgages onerous
1+ hour, 39+ min ago (785+ words) The US housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low, slowed by rising home prices and elevated mortgage rates. Sales of previously occupied US homes totaled 4.06 million last year, essentially flat…...
2026 is the year Massachusetts real estate finally accepts the new normal
2+ week, 14+ hour ago (1324+ words) For years, the Greater Boston real estate market has been defined by a stubborn stalemate that goes beyond the usual supply-demand imbalance of housing inventory. Buyers waited for pandemic-era low interest rates to return, while sellers clung to their golden…...
Home prices keep rising as sales stay slow across Greater Boston - The Boston Globe
3+ week, 2+ day ago (509+ words) The last few years have been a waiting game for prospective home buyers and sellers in Greater Boston. Many shelved their homebuying ambitions in 2022, when interest rates more than doubled after two decades of declines, dramatically increasing the cost of…...
Warren seeks answers on ‘zombie’ second mortgages - The Boston Globe
4+ week, 1+ hour ago (690+ words) Senator Elizabeth Warren, a Democrat from Massachusetts, requested records Tuesday on loans forgiven under a $25 billion national mortgage settlement. The agreement addressed foreclosure and other mortgage abuses by banks following the 2008 financial crisis. Warren's request to the official monitoring banks…...
Boston-area home prices climbed again in October. The number of sales was up, too. - The Boston Globe
1+ mon, 2+ week ago (376+ words) Greater Boston's housing market has been effectively frozen for over three years now, with both buyers and sellers sidelined by rising prices and higher interest rates. Now, it appears, some of those buyers and sellers may be losing patience. New…...
White House’s 50-year mortgage proposal has one notable benefit but a number of drawbacks - The Boston Globe
2+ mon, 3+ day ago (635+ words) NEW YORK " The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism from policymakers, social media, and economists, who said a 50-year mortgage…...
Stuck in neutral in their starter homes, what are millennials to do? - The Boston Globe
2+ mon, 1+ week ago (922+ words) The dream of climbing the property ladder is slipping further out of reach for many millennials in Greater Boston. For some, what was supposed to be a brief stop on the path to a forever home has turned into a…...
Rates go down. Sales go up. Is Greater Boston’s housing market beginning to thaw? - The Boston Globe
2+ mon, 2+ week ago (402+ words) If you wanted to buy a house in Greater Boston, it's hard to imagine a harder time to do it than the last couple of years. Sky-high prices plus higher interest rates made the cost of buying around here more…...
First-time homeownership tips from Mercury Stardust, TikTok’s ‘Trans Handy Ma’am’ - The Boston Globe
3+ mon, 2+ week ago (501+ words) So you stalked every available listing on Zillow, made an offer, and finally bought your dream home. Congrats! You've now entered your home project era. "Your life has now to be balanced with being the head maintenance person of your…...
Will lower mortgage rates get Greater Boston’s housing market moving again? Early evidence says don’t count on it. - The Boston Globe
3+ mon, 2+ week ago (418+ words) The Federal Reserve cut interest rates by a quarter-point, raising hopes that a housing market long frozen by relatively high mortgage rates might start moving again. But even modestly cheaper home loans may not be enough to get Greater Boston's…...