Current Market Data
Single-family homebuilding is showing encouraging strength in 2016, according to new numbers from the U.S. Census Bureau. Through April, single-family authorizations were at a rate of 736,000, which is 3.3 percent above the revised March rate of 725,000. Monthly new
Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Ed Brady, the NAHB’s chairman, explained in the association’s report
Millennials may be America’s largest, most vivacious generation yet, but new research suggests that their homebuying prospects have only worsened with time. According to a new analysis from Zillow, more Millennials now live with their parents than at anytime
We know, we know – private mortgage insurance (PMI for short) is one of the more profoundly unsexy topics in real estate, and offers little of the glitz and glamor of staging, showing and negotiating. But it is a
Every year, REAL Trends, a leading source for industry analysis and information, publishes its 500 lists, which rank the country’s top residential brokerages by transaction sides and total sales volume. This year both Massachusetts and Boston were represented. It
The prevalence of women in the workforce has grown tremendously over the past few decades, and as a result, working moms have gained buying power in the real estate market. However, as a recent study from WalletHub pointed out,
Luxury housing markets across the U.S. have seen declines in 2016, but according to a new analysis from Redfin, few markets have slowed more than Boston. Through Q1 2016, the average sale price for luxury homes in Boston was $3.19 million,
Earlier this week, we reported on NeighborhoodScout’s new list of the top 100 safest cities in the U.S. In part two of this two-part series on crime, we’ll be counting down the top 100 “most dangerous” cities in America. The
If agents are the soldiers in the field, then managing brokers are the generals. Maybe that analogy is a little militant for real estate, but it’s not a bad way of illustrating the relationship between the two. Agents expect a lot
If your clients are looking for a reasonably priced home next to an MBTA stop, then you’d best avoid the Arlington Green Line station. According to an Estately analysis, the median sales price for properties within a half-mile radius
From stagnant wages to competition from cash buyers, first-time homebuyers face many challenges in today’s housing market, but perhaps none is greater than the inventory shortage – a fact that is especially true here in Boston. According to a
Though crime can be found in all major cities, the severity and frequency of it vary greatly from metro to metro, as two new reports from real estate analytics provider NeighborhoodScout recently pointed out. In part one of this two part
This year is shaping up to be a very positive one for residential construction in Greater Boston, according to the latest numbers from Dodge Data & Analytics. In March, residential construction spending in Greater Boston totaled $612 million, a whopping 82
Walkability has become one of the chief concerns among U.S. homebuyers, especially Millennials. And as Redfin’s new “Most Walkable U.S. Cities of 2016” report confirms, some cities fit the bill better than others. “Improving a city’s Walk Score takes
Boston will be one of the top five housing markets in the U.S. for international homebuyers, according to a new analysis from Colliers International. The Global Investment Outlook (GIO) report, which Colliers produces each year, surveyed more than 600 investors
In 1963, the median price for a new construction home in the U.S. was $18,000, according to the U.S. Census Bureau; in 1980 it was $64,000; in 2000 it was $169,000; and in 2015, after nearly 52 years of consecutive year-over-year
