Current Market Data

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

Are We Underestimating the Student Loan Problem?

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

March a Horrid Month For Inventory & Affordability in Greater Boston

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

4 Important Considerations Behind the ‘Bad’ New Home Sales Numbers

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

Boston Time on Market Falls in 2015

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: March Home Sales Start Spring Off Right

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

Investors Flip: Taking Back the Market

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

Marijuana: A Growing Real Estate Issue

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

Are Boston Home Sellers Undervaluing Their Properties?

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

No, Boston is Not Facing Another Housing Bubble

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 –

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