Current Market Data

CoreLogic: Bay State May Face Serious Foreclosure Problem

A new report from CoreLogic shows foreclosures are falling across the nation, mostly The nation’s foreclosure inventory is in decline, falling 25.7 percent year-over-year in March, which represents a continued effort to regain the market normalcy enjoyed in pre-crisis

Chief of State, Not Chief of Housing

A new study uses homeownership rate to rank the best and worst presidents for housing…but it’s a bit more complicated than that. In early May, economist Roger Thomas of ValueWalk.com released an analysis (of sorts) on homeownership rates from

April’s Jobs Report: Unemployment, Construction and Wages

While unemployment continued declining in the new jobs report, slow wage growth points to an overall tighter labor market. The Labor Department released its April jobs report today and the response has been somewhat neutral, as limited gains tell

Could This Be the Answer to Boston’s Housing Affordability Crisis?

Could a fresh perspective on new construction solve Boston’s housing affordability crisis? Boston’s Department of Neighborhood Development (DND) has a plan in store that may bring much-needed relief to the city’s housing affordability crunch. Under the plan, which, according to

The 4 Reasons Why Housing Inventory is So Low

We keep hearing how low inventory is in today’s housing market, but why is that the case? The National Association of Realtors’ existing-home sales report for March was an altogether positive take on housing, with sales rising 6.1 percent

3 Shocking Ways That Inequality is Harming Housing

A new Zillow analysis shows in stark terms just how damaging inequality is for housing’s future. Call it “The Great Housing Divide.” Although homeownership – on the strength of record-low mortgage rates – remains incredibly affordable, rising levels of

CoreLogic: The Price Surge Slows

March represents another month of home price appreciation, according to CoreLogic. CoreLogic released its March Home Price Index (HPI) today, and the findings reflected a continued strengthening of prices nationwide. Including distressed sales, national home prices rose 5.9 percent in

Non-Homeowners Show No Signs of Jumping on Buying Bandwagon

We keep hearing that many consumers are ready to enter the homebuying fray, but new analysis casts doubt on that sentiment. Fewer and fewer Americans are planning on purchasing a home, according to a new survey from Gallup. Gallup’s

Will Boston’s Booming New Construction Market Solve Inventory Problems?

This year is shaping up to be a transformative one for new construction in Boston. This year is shaping up to be hugely productive for new construction in Boston – will it be the long-awaied antidote, though, to the market’s

Americans See Real Estate as Best Long-Term Investment

Housing may have taken a beating during the downturn, but its reputation has recovered marvelously in the public’s eye. Americans consider real estate as their best long-term investment, according to a new survey by Gallup. That’s the second year

CoreLogic: A Full Housing Recovery By 2017?

A new CoreLogic report shows that falling REO numbers are helping bolster home sales and reduce distressed sales. Distressed sales, including real estate-owned and short sales, continued tumbling in February, falling 0.8 percentage points from January and 3 percentage points

NAR: Pending Home Sales Hit 7 Month Stride

NAR’s report showed improvement in pending home sales, but also an increase in the share of traditional buyers compared to investors. Spring is in full bloom, bringing with it a wave of antsy buyers who are ready to make

No, Renters are Not Buying Homes Anytime Soon

All the evidence suggests that renters are not rushing to the homebuying sphere. It would seem to be a perfect environment for homebuying. Not only are rents rising by considerable amounts, but relative to the costs of homebuying, it currently

Boston Home Prices Remain Steady in Case-Shiller

How are home prices looking, as the spring market gears up for action? Home prices in the Boston area continued their healthy progress in the latest Case-Shiller Home Price Indices from Standard & Poor’s. Per the Case-Shiller’s analysis, home prices in

Agent Safety: Half of Brokerages Failing

A new study from NAR shows more than 50 percent of brokerages are failing their agents in terms of providing proactive safety procedures. On Sept. 31, 2014, after an exhaustive search, Little Rock, Ark. police found the body of

$10 Trillion Up for Grabs in North American Luxury

A profile of the ultra rich from around the world reveal some interesting facts about luxury real estate buyers. Luxury is a butterfly concept, fluttering about the industry with a thousand hands trying to grab hold. But the idea of luxury

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