Fannie Mae, Freddie Mac boost profits in Q2 despite a slow spring

Mortgage giants Fannie Mae and Freddie Mac continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars previously reserved for losses.

Lamacchia Realty expands with acquisitions across Massachusetts

In the last month, the East Coast-based brokerage has made two strategic acquisitions as the company works to bolster its presence in southeastern Massachusetts and Rhode Island.

Foreign buyers target high-end homes as transactions fall 14%

The average price of homes sold to foreign buyers was $639,900, the National Association of Realtors said. The median price was $396,400. Both numbers are record highs.

A doctor inherited a vacant lot. The home he found there shocked him

Daniel Kenigsberg alleges a series of fraudulent documents led to his land being stolen last fall before contractors built a single-family house on his half-acre of land in Connecticut.