In the Media

Since 2000, home values have increased by as much as 40% in areas in California, Florida, and New York, according to Harvard Joint Center for Housing Studies. Those are all places where wealthy millennials tend to live.

Americans are shelling out more than ever on home renovations; aside from the enjoyment of a renovated house, some owners may also qualify for a tax break.

Recent wildfires have only heightened the stakes for a state that can’t seem to build enough new homes. But California is not alone, it’s just a more extreme case.

Boston-area homeowners spent $5.2 billion on home improvement projects in 2017 – but not every project yields a commensurate increase in the property’s value.

The wealth gap is making retired Americans financially vulnerable, research suggests. Older adults in the U.S. are facing a record-high level of income inequality in the U.S., despite consistent economic growth. And the wealth disparity may be due to the differences in the median value of retirement accounts and home equity among higher-and lower-earning households...

The current record-high level of income inequality in the United States affects all segments of society, but two new reports shed light on how the trend is impacting older Americans.The disturbing finding of both studies: inequality has reached shocking levels among today’s older adults - and the gap will be much wider for young people when they reach retirement age.

Many small companies tied to the housing market are seeing a slowdown in business, including the remodeling industry.

After years of growth, now a closely-watched indicator of home improvement demand is signaling the first decline in a decade.

Homeowners will spend less money on renovations next year — and it could be troubling to the economy, experts suggest.

Renovation and maintenance spending—a barometer of the housing market—are expected to decline for the first time in a decade.