Boston Pads Blog

homes for sale red hot across the nation

Home Sales Across the Country are White Hot

Sales of existing homes around the nation in March spiked to the highest level since February 2007, according to the National Association of Realtors (NAR). This represents a 1.5 percent increase from the prior month.

buy real estate in boston

Looser Lending Standards Boost Mortgage Approvals

Whether you’re looking to purchase your first home or refinance, it’s an excellent time to be in the market as lenders are making it easier to get approved for a mortgage.

millennial boston real estate buyers

Boston: A Top Destination for Millennial Homeowners

They’re moving up in the working world and starting families. They’re also the most likely demographic to use a real estate agent when purchasing a home.

Millennials are expected to make up 33 percent of homebuyers in 2017 and they’re making Boston one of the most popular places in the country to settle down.


Boston Apartment Rentals are Heating Up

Across the country and in major cities like Boston, apartment rentals are picking up steam due to a low supply of homes for sale and affordability issues.

According to the U.S. Census Bureau, 52 out of the nation’s 100 biggest cities had more renters than homeowners in 2015. Since 2009, 21 of those 52 cities have been home to a majority of renters versus home owners.


How the Fed Rate Hike Will Impact Your Finances

As the U.S. economy continues to prosper in Boston and around the nation, the Federal Reserve has responded with a quarter-point interest rate increase. Economic growth and newly created jobs are two of the driving forces behind the rate hike.

Whenever there is a rate increase, it’s going to affect consumers in different ways. Below are a few examples of how this latest increase may impact your finances.


Predictions for the 2017 Greater Boston Real Estate Market

If one thing is certain, it’s that real estate in and around Boston is in high demand. The city is also packed with recently completed and ongoing construction of new apartments and condominiums.

While the market has been ideal for sellers, there are positive signs indicating relief is on the way for buyers. If you plan to be in this market soon, on either side, these predictions can help guide your strategy.

choosing the best contractor

The Best Process for Hiring Any Home Contractor

Home ownership is wonderful, but it can also be daunting to find the right home contractor for your next remodeling project. Whether you’re building an addition onto your home, redesigning your kitchen or updating a bathroom, here are some tips for making sure you bring in the right person to get the job done correctly, on time and within your budget.


Port Norfolk in Dorchester Eyed by Real Estate Developer

While new apartment buildings and condos are being constructed across Boston, one developer has its sights set on revamping four waterfront buildings in Dorchester’s Port Norfolk. Development firm City Point Capital wants to convert the buildings into a hotel and new condominiums.

boston real estate market

Traits Driving Boston’s Hot Real Estate Market

A 2017 real estate forecast report from places Boston as one of the top real estate locations in the country. Rankings were determined in each market based on housing price levels and sales profits.


Massachusetts Real Estate Market Prime for Sellers

In the 12 years since the Massachusetts Association of Realtors (MAR) began tracking in-state home sales, the number of people looking to pick up and move is at an all-time low. The amount of home listings from November 2015 to November 2016 plummeted nearly 35%. Condo sales fell 30% during the same timeframe.

From Beantown and beyond, this is the perfect time to sell a home or condo in Massachusetts.