Current Market Data

Single-family construction is having a great year

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 points to strong construction in 2016

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 dream of homeownership…from their moms’ basements

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

This “boring” topic could be worth thousands to your clients

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

This Boston brokerage is No. 1 in the state for sales

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

Why Massachusetts is a top 10 place to live for working moms

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,

Is luxury housing in Boston slowing down?

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,

Boston suburb named as one of nation’s most dangerous cities

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

4 ways to be the managing broker your agents need

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

Housing costs the most near these 10 MBTA stations

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

Why Greater Boston’s first-time homebuyers face a tough spring

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

13 Boston suburbs named in 2016 top 100 safest cities in U.S.

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

Greater Boston new construction continues to soar in 2016

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

Boston improves walkability: How it ranked No. 3 nationwide

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 among top 5 housing markets for international buyers

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

How to explain Boston’s high new construction prices to buyers

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

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