Current Market Data

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

Global Economic Turmoil Halts U.S. Mortgage Rate Increases

U.S. mortgage rates were increasing at steady clip in 2015 until global economic events intervened The economic turmoil in Greece and China could possibly benefit U.S. homebuyers. That cause and effect was the chief finding in Freddie Mac’s latest Primary Mortgage

CoreLogic: Affordability Returns to Boston

CoreLogic has released its May Home Price Index, revealing another month of positive gains. Marking 39 months of consecutive year-over-year gains, national home prices, both including and excluding distressed sales, increased 6.3 percent in May compared to the same

Boston Rated One of Hottest Housing Markets in U.S.

Boston joins 19 other cities on hottest housing market list Boston ranked eighth in realtor.com‘s list of the Top 20 Hottest U.S. Real Estate Markets for June. The list compared listing views on realtor.com to the number of listings

Boston Surges in Labor Rankings

CareerBuilder releases new labor market rankings In late May, CareerBuilder released its second quarter Labor Market 150 Index, which attempts to evaluate and rank the country’s largest metros. Using data from the employment website’s data arm, EMSI, or Economic

Boston Residential Construction Strong in 2015

2015 shaping up to be good year for new construction in Boston Residential construction spending in the Boston area was down 1 percent year-over-year in May, but so far in 2015 is 23 percent ahead of where it was last year. Those were the two

Boston Rents Stay Strong in Second Quarter

How has Boston’s rental market developed in 2015’s second quarter? New data from Reis provides some perspective. Boston’s rental market has been one of the hottest in the nation, and new numbers from Reis on the second show show that trend

5 Important Housing-Related Details from the New Jobs Report

What details in latest jobs report bear the most significance for housing? The nation’s unemployment rate fell from 5.5 to 5.3 percent in June, while the overall economy added 223,000 nonfarm payroll jobs, according to the Bureau of Labor

Distressed Sales Defy National Trend, Rise in Massachusetts

Over the last year, distressed home sales have become far less prominent in Massachusetts’ housing market Distressed sales throughout Massachusetts comprised 13.1 percent of all home sales in May, an increase from the 12.2 percent market share of a year ago, according to RealtyTrac’s

Multifamily Construction Spending Leads Charge in 2015

Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census

Boston Home Prices Rise Moderately in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Boston area posted lukewarm gains in Standard & Poor’s latest Case-Shiller Home Price Indices, rising 0.3 percent from March to April and 1.8 percent from April

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