Todd Tretsky

Boston Magazine has released its new Top Real Estate Producers list for Greater Boston, showcasing agents who excel in closing deals in the local housing market. The list is compiled from survey data provided by real estate professionals within the area's I-495 boundary and the Cape and Islands. Agents or teams with sales volumes exceeding $20 million for individuals and $30 million for teams are featured alphabetically. Despite self-reporting, the list underwent review by local experts to ensure accuracy. Discover the agents who are at the top of their game in Boston's dynamic real estate scene.

IMB Production Profits Surge in Q2 2025 Amid Higher Purchase Volume In the second quarter of 2025, independent mortgage banks and mortgage subsidiaries of chartered banks posted their strongest profits in nearly four years. According to the Mortgage Bankers Association, these lenders earned an average pre-tax net production profit of $950 per loan. That’s a dramatic turnaround from the $28 per-loan loss they reported in the first quarter. So, what drove this surge? A big factor was higher purchase activity. Nearly 82 percent of first-mortgage originations in Q2 were purchase loans, compared to just 67 percent for the overall market. At the same time, average loan balances reached record highs, climbing to more than $374,000 for first mortgages. Larger loan sizes meant more revenue per loan. At the same time, IMBs cut costs significantly. Production expenses fell by more than $1,600 per loan, dropping from over $12,500 in Q1 to about $10,965 in Q2. That’s the lowest level in years, even though staffing levels were slightly reduced. In short, lenders became leaner and more efficient. Servicing operations added to the momentum. Net financial income from servicing rose from $22 per loan in Q1 to $30 in Q2, thanks to minimal impairments on mortgage servicing rights. Overall, 80 percent of mortgage companies reported profits in Q2 — the highest level since 2021. But despite this strong rebound, experts caution that challenges remain. Profit margins, while improved, are still slightly below long-term averages. And the industry continues to face risks from potential interest rate hikes, shifting housing demand, and evolving regulations. Still, the Q2 results highlight a clear turning point for the mortgage industry. With bigger loan balances, strong purchase demand, and sharper cost controls, many lenders are entering the second half of 2025 on solid footing. Continue reading on our site: https://lnkd.in/eedNzd6R #IMBproductionprofitsQ22025 #Independentmortgagebanksprofitability #MortgageBankersAssociationreport2025 #Loanproductioncostsmortgageindustry #Purchasevolumemortgagemarketgrowth

Despite Increased Foreign Buyer Activity, Miami Residential Sales Dip 11 Percent in August Miami's housing market cooled in August 2025 as higher borrowing costs and tight lending standards pressured overall sales, even as international demand and rising inventory signaled a maturing, more balanced market. Total residential sales in Miami-Dade County fell 10.7% from a year earlier to 1,788 transactions, according to data from the Miami Association of Realtors. Single-family deals slid 8.2% while condo sales dropped 13%, reflecting both the drag of elevated mortgage rates and limited financing options for older condominium buildings. Despite the slowdown, Miami's long-term growth story remains intact. Condominium prices have more than doubled over the past decade, and single-family values have climbed 150% over the same period. In August, single-family prices continued their 13-year streak of near-uninterrupted gains, while condo values edged slightly lower. Foreign capital continues to play an outsized role. Nearly half of all new construction and condo conversion sales in South Florida over the past 18 months went to international buyers, according to Miami Realtors' first global new-construction sales report. The study, covering more than 9,000 units across 37 projects, underscores Miami's enduring pull as a global investment hub. Inventory is expanding but remains constrained compared with pre-pandemic levels. Active listings rose 26% year-over-year in August, yet total supply is still 16.6% below 2019. Single-family homes now carry 6.4 months of supply, indicating balance between buyers and sellers, while condominiums sit in buyer's market territory at 14 months. New listings, however, are declining, suggesting the growth in available supply may prove temporary. Market fundamentals remain healthy. Distressed sales accounted for just 1.8% of transactions in August, far below the national average and a stark contrast to the 70% distress share during the 2009 crisis. Cash buyers--many of them international--represented more than a third of all deals, nearly double the U.S. norm, providing insulation from interest rate volatility. With the Federal Reserve beginning to ease monetary policy, analysts expect momentum to build. "The housing outlook is poised to turn brighter as mortgage rates drift lower into year-end," said Gay Cororaton, chief economist at Miami Realtors. Pending sales and improving buyer sentiment point to renewed activity in the months ahead. For now, Miami is transitioning from the frenzy of the pandemic era to a steadier, more balanced cycle--one still defined by global capital flows, scarce land, and one of the strongest long-term appreciation records in the U.S. -THE WORLD PROPERTY JOURNAL

Understanding SBA Loan Terms Loan amount represents the total principal lenders fund including acquisition costs, working capital, equipment, and real estate. Knowing this upfront helps structure equity injection and repayment schedules that align with business cash flow realities. SBA 7(a) rates tie to prime rate plus spreads, varying by loan size, term, and borrower profile. Small rate changes significantly impact monthly payments over loan life, making rate negotiation worthwhile for long-term savings. Maximum terms depend on use - ten years for equipment and working capital, twenty-five years for real estate. Shorter terms mean higher payments but less total interest paid over time, requiring careful cash flow analysis. The SBA guaranty fee is one-time based on loan amount and term, typically rolled into financing rather than paid out-of-pocket, reducing lender risk through government backing. #sbaloanterms #loanamount #interestrates #loanterm #guarantyfee #sbafinancing #loanstructure #financingterms #sbaloan #sbaloansHQ

In Central Jersey's real estate landscape, a curious dynamic is unfolding: while new listings emerge, some sellers are opting to withdraw their properties rather than adjust prices. This situation presents both opportunities and challenges. While this hesitancy provides more options for buyers, the market continues to reward appropriately priced homes with swift sales. It underscores the delicate balance between seller expectations and market realities. What strategies have you found effective in navigating similar housing trends? #RealEstate #CentralJerseyRealEstate #MarketTrends #PropertyInvestment