Eileen McEleney Woods

Boston

Editor of Address at Boston Globe and real estate at https://t.co/t1qemnFNBv, newsletter writer, mother to 2 happy humans & dogs, NAREE chair, and NE sports nut.

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Articles

2024 condo market recap: The city was hot, but not as hot as the suburbs

Jan 17, 2025 | boston.com | Eileen McEleney Woods

It’s Luxury in the City week for our real estate coverage, and while all eyes are on the stunning properties that entails (and the envy those listings generate), we are reminded that condos and rentals are the lifeblood of the Boston real estate market. And how did the city’s condo market fare in 2024? We asked Nick Warren, founder and CEO of Berkshire Hathaway HomeServices Warren Residential.
These were the most expensive home sales in Mass. in 2024

Jan 17, 2025 | msn.com | Eileen McEleney Woods

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These were the most expensive home sales in Mass. in 2024

Jan 17, 2025 | boston.com | Eileen McEleney Woods

From a secluded family compound in North Chatham to Boylston Street penthouses, buyers paid top dollar for pretty spectacular properties. It’s expected that the Cape, Boston, and Nantucket would dominate the priciest sales list — some streets make more than one apparently — but Martha’s Vineyard, a playland for the rich and powerful, didn’t crack the top 10.
Rate on 30-year mortgage slips past 7%. Here's what that does to your buying power.

Jan 16, 2025 | boston.com | Eileen McEleney Woods

The average rate on a 30-year mortgage in the United States ticked up this week to slightly above 7 percent, the highest level in eight months. The rate rose to 7.04 percent from 6.93 percent last week, mortgage buyer Freddie Mac said Thursday. It has risen for five straight weeks. A year ago, it averaged 6.6 percent. Five years ago, it was 3.65 percent, according to the Federal Reserve Bank of St. Louis.
WalletHub names Mass. the best state to raise a family - again

Jan 13, 2025 | boston.com | Eileen McEleney Woods

In 2021, Massachusetts supplanted Minnesota in WalletHub’s annual rankings of the best state to raise a family. And the Bay State never looked back. The personal finance website again named Massachusetts the best state for families, based on five weighed metrics: family fun, health and safety, education and child care, affordability, and socio-economics.
Listed: Our favorite Homes of the Week from 2024

Dec 31, 2024 | boston.com | Eileen McEleney Woods

Home of the Week We really sharpened our detective skills in 2024 to find feature-worthy homes listed amid a frighting and frustratingly low lack of inventory in 2024.
This New England city was the most popular market on Zillow in 2024

Dec 31, 2024 | boston.com | Eileen McEleney Woods

Home Buying Manchester, N.H., was the most popular city for Zillow users in 2024.
Outdoor amenities topped Zillow search wish-lists for local buyers in 2024

Dec 30, 2024 | boston.com | Eileen McEleney Woods

Home Buying For prospective buyers searching Zillow for a home to buy in Massachusetts, it seems that what’s on the outside counts. Outdoor amenities topped the list of search terms for the state in 2024, according to a Dec.
Student loan debt can delay homeownership in Mass. for decades

Dec 10, 2024 | boston.com | Eileen McEleney Woods

Real Estate The report ranked Massachusetts third in the nation for student loan debt, behind California and Hawaii. With the state's high student loan debt and home prices, it would take nearly 48 years to save for the down payment on a home in Massachusetts, according to a Dec. 4 study by Zoocasa, an online real estate marketplace. That finding is based on a starting salary of $64,291 for someone with a bachelor's degree, the region's median price for a home, and a 20 percent down payment.
Mass. has five of the nation's priciest ZIP codes

Nov 29, 2024 | boston.com | Eileen McEleney Woods

Renting The nation's most expensive area for apartments is a barrier island near Miami, where a one-bedroom will set you back $20,000 a month. Massachusetts has five of the most expensive ZIP codes for renters in the nation, according to a study RentHop released Nov. 20.