Current Market Data
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
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
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
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
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
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’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
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
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
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
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
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