Real Estate

Home prices go up and down according to supply and demand. Very simple. But because homes aren’t commodities like wheat and corn it’s much harder to predict how much supply and demand there actually is. I’ve been following home prices for 40 years but the sharp rise during the pandemic caught me by surprise. None
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If there’s anything the pandemic showed Americans, it’s that their lives need not be as rooted as once was the case. According to some reports, contract signings for part-time residences have risen 70% since pre-pandemic days. For many people, a more flexible lifestyle means choosing pieds-a-terre that enable departures from their usual abodes. For instance,
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Almost half a century ago, Boston’s skyline went from ordinary to extraordinary with the arrival of the then-new Hancock and Prudential skyscrapers. In the decades since, the city has watched as its homegrown companies have led the nation in one advancement after another, bringing transformative innovation to medicine, technology and education. Some felt, however, that
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After decades of rapid population increase, Florida now is the nation’s fastest-growing state for the first time since 1957. That’s according to a new report from the Census Bureau’s Vintage 2022 population estimates released today. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022, surpassing Idaho, the previous year’s fastest-growing state. “While Florida
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Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it did send homeowners looking for savings on their monthly payments. Applications to refinance a home loan jumped 6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume, however, was still
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The Federal Reserve, over its more than centurylong existence, has emerged as a leading force in the stock market. This stature was bolstered by the central bank’s adoption of two unconventional policy tools in the 2000s – large-scale asset purchases and forward guidance. Large-scale asset purchases refer to the Fed’s emergency buying of government debt
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