The Department of Housing and Urban Development (HUD) has begun an investigation into the City of Boston’s housing policies to determine whether it discriminated against low-income white residents. The New York Times reports Craig Trainor HUD’s assistant secretary for...
The California Supreme Court ruled that the City of Huntington Beach must approve plans for residences that low-income people could afford. The San Francisco Chronicle reports the city argued the decision to build a specific amount and type of housing belongs to local...
Mortgage rates ticked up slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19%. A year ago at this time, it averaged 6.60%....
Fort Point Real Estate Partners, a San Francisco–based real estate investment firm, announced its official launch with the assembly of a 40-building portfolio of residential and mixed-use properties across San Francisco. The portfolio was aggregated over the last 12...
The Boston City Council voted unanimously raise residential property taxes by 13% for 2026. Property taxes cover more than 70% of the city’s $4.8 billion budget. WBUR reports the City Council’s vote this marks the second straight year double-digit tax increases for...
A total of 72,217 single-family homes and condominiums were flipped in the third quarter, accounting for 6.8% of home sales between July and September. According to data from ATTOM, the number of flips nationwide was down quarter-over-quarter (from 79,335 in the...
