Current Market Data

Boston New Construction Up 35% in 2015

This year proving to be especially positive for Boston new construction Residential construction spending in the Boston area totaled $237 million in April, a whopping 42 percent decline from the $409 million of April 2014, according to the latest report from Dodge Data

Hispanics will be Key Driver of Housing’s Future

The Hispanic demographic struggles to recover from housing crash, but could become a big shaker in future markets Between now and 2020, roughly four out of every 10 new households in the U.S. will be headed by someone of

Hidden Truth Behind 2015’s Soaring New Home Sales

Last month’s new home sales appear hugely positive, but is there a hidden truth behind the numbers? On the surface, it would appear to be a wholly positive development for housing – sales of newly built single-family homes, according to

Boston Home Prices Remain Strong in Latest Case-Shiller

The latest Case-Shiller offered further evidence of Boston’s strong housing market Home prices in the Boston area rose 0.4 percent from February to March and 4.6 percent from March 2014, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s.

FAA Awards Commercial Drone Exemptions

Federal Aviation Administration approves 400-plus commercial drone exemptions As of late May 2015, the Federal Aviation Administration had granted 434 section 333 exemption petitions, which allow for the commercial use of unmanned aerial vehicles, or drones, and among them,

Freddie Mac Research: Rising Rents Do Not Increase Homeownership

New Freddie Mac research casts doubts on notion that rising rents push consumers toward homeownership It has been a common narrative in the post-boom housing market that rising rents would eventually push more consumers toward homeownership, but new research

RealtyTrac: Massachusetts Sees Huge Rise in Foreclosure Auctions

RealtyTrac foreclosure report showed  increased activity In a market still reeling from an onslaught of foreclosures dating back early a half-decade, any news of foreclosures that approaches negative is likely to put the industry on edge, which is why RealtyTrac’s

Hope Emerges for Boston’s Inventory-Sick Housing Market

After rough series of months for Boston housing market, things may be improving Help may finally be on the way for Boston’s housing inventory ills, which have driven median prices to record highs and affordability to record lows. According

NAR: Strong March Leads to a Weak April

NAR documents 6 percent jump in existing-home sales Market indicators have detailed a continual progression towards normalcy since early 2014, but a hiccup in April’s existing-home sales could mark yet another slow down in the pace of progress, according

Is the Weak Economic Recovery Hampering Homebuilding?

After a strong series of months, builder confidence has been a bit bumpy thus far in 2015 Builder confidence has been one of the unqualified success stories of the housing recovery, but weak economic fundamentals could hamper its progress.

5 Critical Details about New Construction in 2015

April new construction numbers excellent, but stats could be misleading On the surface, April was a fabulously positive month for new construction. Not only did housing starts jump 20.2 percent from March (the second largest jump ever recorded), but their

Healthy Living: Minorities and Millennials Want More

A study from ULI found that while most people are happy with their living arrangements, many are lacking in some fundamental amenities, like healthy food Real estate supports a wide spectrum of standards, encompassing a plethora of lifestyles and preferences

The 10 Biggest Challenges Facing Homebuilding in 2015

Significant challenges remain on the homebuilding front, according to new NAHB research “Booming” is a word that has not been associated with Boston’s housing market, but no other adjective is more appropriate for the market’s new construction sector, where spending

Will Looser Lending Standards Increase Homebuying? Not Necessarily

Looser lending standards may not be the panacea for housing’s sideways growth For years, housing professionals have been holding their breath for looser lending standards to ride in and boost the market into a new era of prosperity, but

CoreLogic: Boston Stays Below Pre-Crisis Cash Levels

Despite an influx of investors to the market, cash sales continue to dwindle throughout the nation. It is a new market for traditional buyers, despite a recent report of surging investor activity, as once again cash sales fell in

The 10 Most Unaffordable Neighborhoods in Boston

Where in Boston are housing costs the highest? Boston has the nation’s third most expensive rental market, according to a new study by Zumper, a new tech firm that studies housing trends in the rental sphere. With an average

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