Current Market Data
Home prices continued their steady climb rounding out 2015, rising both year over year and month over month, according to CoreLogic. Across the nation, home price appreciation averaged a 6.3 percent increase from Dec. 2014 to Dec. 2015 –
New analysis from Dodge Data & Analytics paints an encouraging picture for Greater Boston’s new construction marketplace The Greater Boston housing market capped off a strong year of residential investment, according to the latest numbers from Dodge Data &
These three trends illustrate where new construction is heading in 2016 Last week, the U.S. Census Bureau reported that new single-family home sales in 2015 totaled 501,000, a 14.5 percent increase over 2014 that brought new home sales to their
2015 was a banner year for luxury real estate in Boston Luxury home sales in the city of Boston rose 13.5 percent from 2014 to 2015, according to a new report from Coldwell Banker New England. The report, which
Homebuyers want to live in a nice neighborhood, and when homebuyers have a child, “nice neighborhood” translates to “wherever the good schools are.” Thanks to Niche, providing that information to clients is now easier than ever for agents. In
December was a modest month for contract signings, according to NAR Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major
First-time homebuyers have been MIA for some time – are they poised for a comeback? The National Association of Realtors reported late last week that first-time homebuyers accounted for 32 percent of existing-home sales in December, which was up
National distressed sales – including real-estate owned (REO) and short sales – fell 1.9 percentage points in November 2015, pushing the distressed share of total sales to its lowest November point since 2007, according to a new report from
The latest Case-Shiller Indices offered numerable insights into the nation’s housing market Home price growth continues to moderate in the Boston housing market, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. The latest numbers, which track
Home prices have been on a tear for the past couple years, and new homebuyers trying to enter the market have noticed it becoming pricier to not just buy a house, but even put a down payment on a
Boston’s affordability continues to pose a problem Boston has the highest rate of economic inequality in the nation, according to a new Brookings Institution study. Boston households that earned more than 95 percent of other households made $266,224 in income in
In December, existing-home sales re-found their footing, making up for the misstep in November. What did we learn? TRID was the cause of November’s slip, but it’s not a problem anymore. “Closing time metrics are showing minor effects of TRID,”
Compared to a few years ago, the lending market is doing quite well. In fact, some institutions believe the progress of recovery is such that the market will be fully recovered by the end of this year. Now if
After years of heavy reliance on FICO scores, some lenders are now saying FICO’s view is too narrow, focusing too much on past behavior and not enough on consumers’ present circumstances. Alternative scoring systems have become a viable option,
How did the 2015 housing market take shape in Boston? The Greater Boston Association of Realtors (GBAR) released its final stats on the 2015 housing market, and unsurprisingly, the association’s numbers hold many insights on where the market is
New research finds that millionaire ranks grew strongly in 2015 There were more than 133,000 millionaire households in the Greater Boston area through the middle of 2015, up 3.1 percent from the same period in 2014. Millionaire households now account for 7.2 percent of