Current Market Data

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

Case Shiller: Greater Boston price growth moderates in 2016

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

Boston new construction continues stellar 2016

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.

The gender gap is real among Boston homeowners – but not like you think

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,

Greater Boston’s hottest condo markets, April 2016

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

NAR: Pending home sales hit 10-year high

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

The true cost of homeownership in Boston

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

Millennials find housing opportunities in Greater Boston – with conditions

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

Who do housing experts want for president?

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

Greater Boston’s top-selling neighborhoods and suburbs, April 2016

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

TRID haters quieted as April loans close quicker than previous year

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

Spring homebuying soars in Greater Boston

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

Highlights from NAR’s new member profile

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

4 ways to ditch waste-of-time meetings

The average meeting is expensive, long and a waste of time. Those are not the inherent traits of meetings; they are the reality of what contemporary business culture has relegated them to.. But you and your agents deserve better.

The top 10 luxury housing markets in Boston

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 best city in the country for startups

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

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