Current Market Data
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
Boston’s issues with housing affordability are well known, but the following charts are still eye opening. We’ve been reporting on Boston’s housing affordability crisis with fair regularity, and for good reason – the higher Boston’s home prices soar, the
A new CoreLogic study details the fall of cash sale shares across the country. A home is a good investment, but a normalizing market has somewhat thinned out the opportunities to make quick, high yield sales, and as a
Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Boston – where home
New economic research suggests a very good reason for why the housing recovery has been so tepid. Interest rates remain at historic lows. Rising rents have rendered mortgages as much as 50 percent cheaper in some spots in the country.
Moderate home price gains in February suggest the market may be stabilizing. Home prices continued their strong ascent in February, according to CoreLogic’s newest Home Price Index. Including distressed sales, home prices climbed 5.6 percent from the same time
Did job growth slow in March, or continue on its strong, steady path? The Labor Department announced earlier today that the U.S. economy added 126,000 jobs in March, which not only ends a 12-month streak of 200,000-plus jobs added,
It’s been common knowledge that Boston’s rental market is on fire, but is that narrative slowly changing? For some time now, the rental narrative has been one as commonly told as that of low mortgage rates. Rents, spurred on by surging
What communities in the Boston area are seeing the most condo sales? Last week, we took a detailed look at the top-selling single-family communities in the Boston area, and now we’re back with a similarly nuanced look at the
A new study from Logwood University attempts explains the relationship between an agent’s effort and the property’s location. A new study from Logwood University in Farmville, Va. is emphasizing the importance location plays in the home selling process, but not
Could sky-high rents be the final push Millennials need to buy a house? Record-low home prices and historically low mortgage rates have not been enough to entice Millennials to buy homes, but now analysts have struck on another economic