Current Market Data
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
Home prices in the Boston area posted moderate growth in the spring, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. In March, Greater Boston home prices rose 4.3 percent year-over-year, which was behind the national
The Greater Boston new construction market continued its sterling 2016 performance in April, according to new numbers from Dodge Data & Analytics. In April, Greater Boston saw more than $417 million in total residential construction spending, a 71 percent increase over April 2015.
It is a well known fact that women earn less income than men, but new research from RealtyTrac has found that the gender gap also extends into real estate – but not here in Greater Boston. According to RealtyTrac’s research,
See our chart below for the hottest condo markets in Greater Boston in April, according to research from GBAR. In addition to sales, we have also noted median sales price and the change in price from April 2015. Market April Condo Sales
Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to new analysis from NAR. The Pending Home Sales Index, a forward-looking indicator based on contract signings, hiked
Earlier this week, Estately Blog released its rankings of U.S. cities by percentage of income spent on owning a home. Boston was named among the top 10. In recent years, a surprising lack of inventory set to the backdrop
The Greater Boston housing market is relatively open to Millennial homebuyers – but only those without student debt. That finding came from a new study by Apartment List, which looked at the number of years it takes Millennial consumers to save
By this time next year, the United States will have a new president – either Bernie Sanders, Hillary Clinton or Donald Trump (though, at this point, one of the latter two seems most likely). It will be from the
See our chart below for the top-selling housing markets in Greater Boston in April, according to research from GBAR. Click on the tabs to adjust between suburban and city housing markets. Top-Selling Neighborhoods Top-Selling Suburbs Neighborhood Home Sales South End/Bay Village 48
Loans closed faster in April than in any time over the last 12 months (excluding last month), Ellie Mae’s new Origination Insights Report confirmed. Questions about the true impact of TRID are likely to follow. In the wake of TRID’s
The spring homebuying season in Greater Boston got off a roaring start in April, according to the latest numbers from the Greater Boston Association of Realtors. For April, single-family home sales were up 19.7 percent year-over-year to 1,132, while
Sixteen percent of agents have at least one personal assistant. The median age of new Realtors is 43 years old. And 83 percent are very certain they will remain active as real estate professionals for another two years. Those
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Luxury homes are most prominent in Boston’s Haymarket neighborhood. That was the finding of a new report from Trulia, which analyzed the market share of million-dollar homes in the nation’s housing markets. In Haymarket, a remarkable 87.5 percent of homes are
Boston is the best city in the country for startup companies, according to a joint analysis from the U.S. Chamber of Commerce Foundation, 1776 and Free Enterprise. “We are at the dawn of an extraordinary technological revolution, and it
