Current Market Data

Reading the Tea Leaves: What the Economy Can Tell Us About the Future of Building

Homebuilding is in a state of flux across the nation. With growing barriers in lending and land availability forcing traditionally entry-level homebuilders into the upper ends of the market, it is unclear what the future of the industry and

CoreLogic: Boston’s Backlog Pushes Distressed Sales Up

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

Why Boston Renters are Not Buying Homes

Rising rents, new research shows, are not an incentive to buy a house Renters in the Boston metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a new

Major Google Air Quality Partnership May Soon Influence Home Pricing Decisions

Technology has drastically improved the efficacy of searching for the right home. Prior to enlisting the services of an agent, buyers, who in all likelihood have a pre-established criterion for their ideal neighborhood and home, are scoping out concerns

Boston New Construction Up Double Digits in 2015

Building in the Bay City Making Significant Progress Residential construction spending in the Boston area was up 76 percent year-over-year in June, and so far in 2015 is 30 percent ahead of where it was last year. Those encouraging stats came courtesy of the

Real Estate Loses Big Investors, Gains Confidence

Institutional investors leaving real estate, but Americans still confident housing is a good investment In the immediate wake of the economic downturn, the housing market took a plunge that was devastating for homeowners but ideal for the opportunistic. In the years

Pending Home Sales Fall, Suggesting Market Slowdown

Contract signings declined for the first time in 2015, according to new research Pending home sales declined 1.8 percent from May to June, according to new analysis from the National Association of Realtors. Although the Pending Home Sales Index,

Boston Home Sales Return to Life in June – with Caveats

After a few months of negative sales activity, homes sales in Boston positive in June, albeit with caveats Home sales in the Boston area rose 8.7 percent year-over-year in June, reversing a few months of sales declines, according to the

Boston Home Prices Lead the Nation in Latest Case-Shiller

Home prices were positive for the Boston housing market in May’s Case-Shiller Home prices in the Boston housing market rose 1.5 percent from April to May, and 2.2 percent from May 2014, according to the latest Case-Shiller Home Price Indices

New Home Sales Rise to Best Level Since 2008

The news for new home sales was much better than the Census Bureau’s report led on Sales of new homes in June were at a seasonally adjusted annual rate of 482,000, a 21.2 percent year-to-date increase from 2014 that

Like-Kind Exchanges In Legislative Crosshairs

Lawmakers threaten to end like-kind exchange tax provisions, but some say the cost would be too great There’s a contingent of lawmakers and government officials lobbying to alter the face of like-kind exchanges, with some hoping to outright repeal the

CoreLogic: Barely Any Cash in Boston

CoreLogic released its April cash sales report today, and as has been the trend all year, cash sales declined year-over-year, bringing national levels closer to the pre-crisis baseline of around a 25 percent market share. In April, cash sales

5 Revealing New Construction Trends in 2015

According to Census Bureau calculations, June was one of the best months of new construction in some time…but the truth is more complicated Building permits rose 7.4 percent monthly and 30 percent year-over-year in June, according to the latest  construction

CoreLogic: More Foreclosures for Massachusetts in May

CoreLogic May foreclosure report documents continued improvement in inventory and seriously delinquent mortgage rates Today, CoreLogic released its May 2015 National Foreclosure Report, which highlighted steep declines in completed foreclosures and foreclosure inventory, as well as the falling serious

Boston Posts Largest Foreclosure Increase in Nation

Boston’s foreclosure market has grown considerably in last year, according to RealtyTrac In the first half of 2015, foreclosure activity in the Boston metropolitan area jumped 29 percent from the same time period last year, according to RealtyTrac’s Mid-Year 2015 U.S. Foreclosure

Foreign Homebuyers Discouraged by Strong Dollar

Throughout the first four months of 2015, home sales in the U.S. were the best they’ve been in eight years. Helped by a one-half percentage drop in fixed mortgage rates, home sales from January to April this year surpassed

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