Current Market Data
Foreclosure activity in 2014 ended well, but pockets remain in dire straights. To cap off 2014, the national foreclosure inventory continued deflating, falling a staggering 34 percent year-over-year, according to CoreLogic’s newest foreclosure report. As of December, the nation’s
Boston did not set the world on fire with its rise in asking prices, but that’s perfectly fine Asking prices in Boston began 2015 on a sobering note, according to the Trulia Price Monitor. Prices were up 4.2 percent year-over-year in January,
One may think that warmer months are better for selling homes, but the data tells another story. What if we were to tell you that it really makes no difference when you list your client’s home, in terms of
There were some very positive things to report in the government’s latest job numbers. The U.S. economy started out 2015 with a bang, adding 257,000 jobs in January, according to the latest report from the Labor Department. Of course, there
We’ve covered multifamily ascendence before, but this is the most telling statistic of all. Earlier this week, we reported on two facets of new construction: first, that overall construction spending in Boston dropped in 2014; and second, that the nationwide growth
What is the marital status of the typical first-time homebuyer? What are the demographics? And finally, how have those stats changed in recent years, and what does America’s ever-diversifying landscape suggest? To find out, see our infographic below, which
Guaranteed Rate released its quarterly summary of the mortgage market, which found an increase in purchased loans and a return of the ARM. Analyzing data housed in its massive database of home loans, Guaranteed Rate, one of the nation’s
Last week, we reported that lending standards have see-sawed up and down the spectrum the last few years, but does that trend change at all when we look at the separate lending standards for refinancing and purchasing loans? Once
We reported last week that in 2014, the median sales price for a newly built single-family home set a new record, closing out the year at $283,600. That’s not only 5.5 percent above 2013, but also a whopping 28.3 percent
Slow home prices in December are likely to roll over into 2015. Early today, February 3, CoreLogic released its Home Price Index for December 2014. While price appreciation was relatively flat from a month prior, CoreLogic researchers found prices
2014 was a lackluster year for new construction in Boston, according to the latest stats. Total residential construction spending in the Boston area was $3.539 billion in 2014, a 13 percent decrease from 2013, according to new numbers from Dodge Data
Construction on the whole was positive in 2014, but that was mostly due to the surging multifamily sector. Private construction may have been up 4.5 percent in 2014, but it was the multifamily housing market that drove that activity,
Hundreds of thousands of potential homebuyers will be boomeranging back to the housing market over the next seven years. The Boston area is poised to see more than 50,000 potential homebuyers enter the housing market fray over the next seven
Existing-home sales may have bounced back to life in Dec 2014 (and carried median sales price to its highest mark since 2007), but that was hardly the most encouraging piece of news in NAR’s latest housing report. No, that
Boston’s housing market in 2014 failed to live up to 2013’s expectations; what were the defining trends, though, in that 2014 market? To find out, we took a more detailed look at GBAR’s numbers, and we collected our analysis
Pending home sales took a step back in December, but remain well above 2013 levels. The National Association of Realtors released its newest Pending Home Sales Index today, finding that despite persistently low interest rates, December pending home sales