Posts Tagged ‘housing’
Boston’s First Offices-to-Residences Conversion Project Approved
The 281 Franklin St. project is the first project under the city’s Downtown Residential Conversion Incentive Program, which encourages developers to convert underutilized offices into residences. The program was approved and officially launched last October.
5 Reasons to List Before the Spring Selling Season Picks Up
A common thought in real estate is never to list your home in the winter. Perpetuated by industry experts, agents, and repeat sellers alike, this saying encourages many would-be sellers to wait until the spring peak to list their homes. However, studies show that homes listed in the winter winter sell faster than those in the spring, and sellers also net more than the asking price.
Will There be a Tsunami of Foreclosures in 2023?
Bernice Ross of Inman recently interviewed Rick Sharga, the executive vice president for market intelligence for Attom Data, about his predictions about general trends and foreclosures. Attom Data has been tracking foreclosure data since 1996. As a result, Sharga often gets asked if we should expect another foreclosure tsunami in 2023 like the one we experienced during the Great Recession.
2023 Real Estate Market Outlook (And What It Means for You)
So what can we expect for real estate in 2023? Will mortgage rates continue to climb? Could home prices come crashing down? While this is one of the more challenging real estate periods to forecast, here’s what several industry experts predict will happen to the U.S. housing market in the coming year.
Boston Rent Control Proposal is Coming in 2023
Mayor Michelle Wu knows that talking about housing policy makes some people’s “eyes glaze over.” But that didn’t stop her from getting into the weeds during her monthly appearance yesterday on Radio Boston. And she also made several bits of news.
Realtor.com Releases Predictions for 2023 Mass. Real Estate Costs, Rates
The Realtor.com website released its 2023 housing market predictions last week, stating that mortgage rates will be above 7%, rents will outpace home prices, and overall home sales will decline.It also predicted 100 of the largest local markets in the United States.
2023 Real Estate Outlook, An Economist’s Predictions, “There is no housing bubble!”
Cut through the online clutter and armchair quarterbacking of the real estate industry with these ten predictions from Windermere Real Estate Chief Economist Matthew Gardner. This article appeared in Inman, Hickman-Coen Home Team is a subscriber.
Homebuyers Showing ‘Some Resiliency’ to Higher Rates
Demand for purchase mortgages increases for the second week in a row, but borrowers are increasingly turning to adjustable-rate loans.