Current Market Data

Boston New Construction Posting Triple Digit Gains in 2015

Residential construction spending in the Boston area was up 117.7 percent year-over-year in July, and so far in 2015 is 42 percent ahead of where it was last year. Those stats came courtesy of the latest Dodge Data & Analytics report, a monthly

Fall of Chinese Stock Market Leads to Lower Mortgage Rates

Average fixed mortgage rates in the U.S. have fallen to their lowest levels since May of this year amid substantial and ongoing global volatility out of China, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage dropped

3 Important Trends in New Construction in 2015

The latest new home sales stats from the U.S. Census Bureau show many things are at work in the new construction marketplace According to the latest new construction report from the U.S. Census Bureau, new home sales in July

Boston Home Prices Strengthen in Case-Shiller Indices

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Boston metro area rose 1.5 percent from May to June and 3.3 percent from June 2014, according to the new Case-Shiller Home Price Indices from Standard

Housing Inventory Never Rises in Greater Boston

Falling inventory, rising prices, shrinking affordability – the same old in Boston’s housing market Just as it never seems to rain in California, housing inventory never seems to increase in the Greater Boston market. According to the latest numbers

Boston 7th Most-Segregated Metro Area in U.S.

A new study has found Beantown ranks high in housing segregation Greater Boston is the seventh most segregated metropolitan area in the United States, according to a new study by 24/7 Wall St. Just over 40 percent of Greater Boston’s population

Melrose’s 02176 ZIP Code the Hottest in the Nation

A new realtor.com study finds that the 90210 ZIP code is actually not No. 1 The north suburban Boston 02176 ZIP code of Melrose is the hottest in the nation, according to a new analysis by realtor.com. The “Combined

Residential Real Estate Brokerages Expecting More Money

During the economic downturn, the real estate industry floundered and thousands lost their jobs. But improvements have been made, and the industry is healing, which means the money is returning. By 2016, more than two-thirds of residential real estate

Boston Home to Nation’s No. 2 Construction Market in 2015

Only one housing market has seen greater new construction growth in 2015 than Boston Boston has 2015’s No. 2 new construction marketplace, according to new research from Trulia. Trulia’s analysis, which compared permit activity in the nation’s metro areas to their

CoreLogic: Massachusetts Boasts Lowest Cash Sales in New England

National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales

New Construction at Highest Level in 8 Years

New development – especially in the single-family sector – has been very strong in 2015 Housing starts in 2015 are running at their highest level in eight years, according to the latest report from the U.S. Census Bureau. With 641,000 new housing starts so

4 Significant Ways First-Time Buyers have Changed

The housing market has changed substantially in the last 40 years, and first-time homebuyers have changed with it Since the 1970s, the U.S. housing market has changed in numerous ways. The square footage of homes, for instance, has risen to all-time

Builder Confidence at Highest Level Since Nov. 2005

Builder confidence in the market for newly built, single-family homes in August rose one point to a level of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). That is the highest reading since November

Student Debt Delaying 30% of Millennial Home Purchases

Student debt remains the leading roadblock to Millennial homeownership Fifty-six percent of people between 18 and 29 have put off a major life event because of student loan debt, according to a survey released by Bankrate.com. That is higher than

CoreLogic: Backlog Drives Gains in Massachusetts Foreclosures

Yesterday, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

Top 10 Boston Neighborhoods with the Most School Children

In some Boston neighborhoods, nearly half of all students are grade-school age Where in the city of Boston are grade school- and high school-age children most common? It’s a question that many Boston homebuyers has undoubtedly faced, and to

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