Current Market Data
Student loan debt may be an even bigger problem than we initially thought. Here’s an eye-opening statistic – 31.5 percent of Americans who are paying down their student debt are at least a month behind on their payments. That
We can definitively say that March was not the best month in the history of Boston’s real estate market. Let’s just say that Boston has seen better days. Per the latest analysis from GBAR, March was a trying month
Some news outlets are hyperventilating about the latest new home sales report, but the reality is more encouraging. The Census Bureau released its latest report on new home sales this morning, and on the surface, it’s a doozy. Finishing
The Boston market is only growing more competitive. Boston has a reputation as a progressive, fast-moving city, and that case is only bolstered by the rate at which homes sell in 2015, according to a new study by Trulia. Per
NAR home sales report brings optimism. The National Association of Realtors released its existing-home sales report for March, and the early verdict is good, with sales, prices and inventory showing strong signs of improvement. Across all property types, existing-home sales
While banks took over the majority of flipping in the downturn, with high prices and low inventory, investors are again reentering the game. In the wake of the financial crisis, when home prices were low and demand nonexistent, the
The explosion of the legal cannabis market is have a significant impact on real estate. Here’s what you can expect… Breaking taboos and dusty standards, the impact of marijuana is proving more economically beneficial than previously imagined, leading to
We may think we have a firm grasp of our market’s value, but new research suggests that’s not the case. Boston homeowners undervalue their listings by 2.04 percent, at least compared to what certified appraisers judge as the value of the
Boston’s recent housing developments have some screaming “bubble!”, but the facts do not match the fears. The economic downturn of 2008 introduced us to many terms – “quantitative easing” and “credit default swaps” are two of the most obtuse examples –
Many people buy houses, but what are the specific reasons for those purchases? The answers may surprise you. Why did American consumers purchase homes in 2014? And how did those reasons differ generation to generation? In our continuing coverage
Last month’s homebuilding numbers were a big letdown – what does that suggest about the larger economic climate? Housing construction turned in a disappointing month in March, according to the latest analysis from the U.S. Census Bureau. The numbers were
Freddie Mac is optimistic on housing in 2015, and for a number of reasons. One of housing’s most active participants is highly optimistic for the industry’s future, though even it acknowledges that challenges remain. That was the main takeaway
Foreclosure levels fall across the country, but remain well above pre-crisis levels. CoreLogic today released its February 2015 National Foreclsoure Report, and the findings were indicative of a trend we’ve been seeing since last year, which is decline. Since
Suburban sprawl is giving way to walkability. But what does this mean for the people stuck in the suburbs? The lay of the land is changing. Where once work and life shared common vicinity, these days, people, whether by
It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just 3.4 years to break-even on a mortgage in Boston, meaning the point at which the total
Despite recent improvements, there remain considerable uncertainties for consumers when it comes to housing and the economy. Everywhere you look, nowadays, there seems to be a new study or report proclaiming good news about both housing and the greater