Current Market Data

Greater Boston housing market surges to new highs in May

The housing market of Greater Boston continued its sterling sales activity in the spring, according to the latest numbers from the Greater Boston Association of Realtors. For the second month in a row, both single-family homes and condos posted

What goes into a new home’s price? Most consumers have no idea

There is a significant disconnect between consumers and homebuilders, according to a new analysis from the National Association of Home Builders. Comparing Census Bureau data with that of its most recent Home Buyer Preferences Survey, the NAHB found that

Being an international agent: 9 things to know about Colombians

The international market is a valuable one for real estate agents, but only if they’re able to capture it. Just as Americans have particular customs so ingrained they’re almost considered common sense – such as shaking hands during a first meeting – foreign

7 incredible stats on how student debt is harming the housing market

Student debt continues to be a major problem for the housing market, according to a detailed new survey from the National Association of Realtors and SALT, the consumer literacy program. The survey, which sampled thousands of non-homeowners currently repaying

Boston is one of the nation’s hottest housing markets

Boston is one of the hottest housing markets in the country, according to a new report from Redfin. The analysis, which utilized the “Hot Homes” algorithm that Redfin created to track housing activity, computed the percentage of homes in

Sanders, Clinton or Trump? Homebuyers choose “other”

By this time next year, we will have a new president. Regardless of who it is, not every homebuyer will be happy about it. Twenty-seven percent of homebuyers say the outcome of the presidential election, no matter what, will “make the housing

Why Boston homebuyers are in such a great position to buy

In April, home sales in the Greater Boston housing market soared, with single-family sales rising 19.7 percent and condo sales rising 14.6 percent; year to date, single-family sales are up 17.3 percent, while condo sales are up 17.8 percent. Many

Boston is a Top 15 purchase market for Millennials. Here’s why

The Boston housing market has received high marks for Millennial homebuyers in a new study from the National Association of Realtors. Analyzing employment gains, population trends, income levels, and housing conditions in the nation’s 100 largest metro areas, NAR concluded that

Boston’s 10 priciest rental markets

Boston has one of the priciest rental markets in the nation, according to new research from Trulia. The numbers are striking: more than two-thirds of one-bedroom apartments in Boston rent for at least $2,000 a month; and among two-bedroom units,

These are homebuyers’ top two concerns in 2016

Recently, Redfin surveyed buyers on their concerns about the housing market. Surprisingly, the survey found that homebuyers are not as concerned about supply as they were in the past, despite it being the driving factor of homebuyers’ current concerns –

McMansion ascending – U.S. homes are bigger than ever

It was supposed to be the end of the McMansion era. New homes in the U.S., after steadily growing in size for more than 30 years, finally reached their peak during the mother of all housing bubbles. Following the inevitable

Green home features are the new normal

If a new preference survey from the National Association of Homebuilders is to be believed, demand for green features is here to stay. In a survey ranking 150 different home and community features, the NAHB confirmed late last month that ENERGY

4 tips to keep agent relationships strong through expansion

More business means growth, and in real estate, where the harder you work the more you make, brokerages, offices and even individual agents have a tendency to look beyond their current stations to bigger and better things – namely,

Spring buying season complicated by falling Boston housing inventory

This spring homebuying season could be a difficult one for first-time buyers and middle-income consumers in Greater Boston, according to a recent analysis from Zillow. According to the company’s April Real Estate Market Report, the inventory of homes in

Retirement surge: It “will completely transform housing”

Our population is aging, and when the current retirement surge is complete, the nation’s real estate landscape may look very different. In a 2015 article from the National Association of Realtors’ Realtor magazine, citing a Counselors of Real Estate survey, the country’s forthcoming demographic shift was

The salary your clients need to buy in Greater Boston

Across the country, the salary needed to live in the largest metro areas has fluctuated in 2016, according to a new report from HSH.com. In the metro Boston area, the median salary required to live is $79,577.57, a $3,573.85 decrease from last quarter. In addition

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