Current Market Data

4 Significant Ways First-Time Buyers have Changed

The housing market has changed substantially in the last 40 years, and first-time homebuyers have changed with it Since the 1970s, the U.S. housing market has changed in numerous ways. The square footage of homes, for instance, has risen to all-time

Builder Confidence at Highest Level Since Nov. 2005

Builder confidence in the market for newly built, single-family homes in August rose one point to a level of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). That is the highest reading since November

Student Debt Delaying 30% of Millennial Home Purchases

Student debt remains the leading roadblock to Millennial homeownership Fifty-six percent of people between 18 and 29 have put off a major life event because of student loan debt, according to a survey released by Bankrate.com. That is higher than

CoreLogic: Backlog Drives Gains in Massachusetts Foreclosures

Yesterday, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

Top 10 Boston Neighborhoods with the Most School Children

In some Boston neighborhoods, nearly half of all students are grade-school age Where in the city of Boston are grade school- and high school-age children most common? It’s a question that many Boston homebuyers has undoubtedly faced, and to

Reading the Tea Leaves: What the Economy Can Tell Us About the Future of Building

Homebuilding is in a state of flux across the nation. With growing barriers in lending and land availability forcing traditionally entry-level homebuilders into the upper ends of the market, it is unclear what the future of the industry and

CoreLogic: Boston’s Backlog Pushes Distressed Sales Up

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

Why Boston Renters are Not Buying Homes

Rising rents, new research shows, are not an incentive to buy a house Renters in the Boston metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a new

Major Google Air Quality Partnership May Soon Influence Home Pricing Decisions

Technology has drastically improved the efficacy of searching for the right home. Prior to enlisting the services of an agent, buyers, who in all likelihood have a pre-established criterion for their ideal neighborhood and home, are scoping out concerns

Boston New Construction Up Double Digits in 2015

Building in the Bay City Making Significant Progress Residential construction spending in the Boston area was up 76 percent year-over-year in June, and so far in 2015 is 30 percent ahead of where it was last year. Those encouraging stats came courtesy of the

Real Estate Loses Big Investors, Gains Confidence

Institutional investors leaving real estate, but Americans still confident housing is a good investment In the immediate wake of the economic downturn, the housing market took a plunge that was devastating for homeowners but ideal for the opportunistic. In the years

Pending Home Sales Fall, Suggesting Market Slowdown

Contract signings declined for the first time in 2015, according to new research Pending home sales declined 1.8 percent from May to June, according to new analysis from the National Association of Realtors. Although the Pending Home Sales Index,

Boston Home Sales Return to Life in June – with Caveats

After a few months of negative sales activity, homes sales in Boston positive in June, albeit with caveats Home sales in the Boston area rose 8.7 percent year-over-year in June, reversing a few months of sales declines, according to the

Boston Home Prices Lead the Nation in Latest Case-Shiller

Home prices were positive for the Boston housing market in May’s Case-Shiller Home prices in the Boston housing market rose 1.5 percent from April to May, and 2.2 percent from May 2014, according to the latest Case-Shiller Home Price Indices

New Home Sales Rise to Best Level Since 2008

The news for new home sales was much better than the Census Bureau’s report led on Sales of new homes in June were at a seasonally adjusted annual rate of 482,000, a 21.2 percent year-to-date increase from 2014 that

Like-Kind Exchanges In Legislative Crosshairs

Lawmakers threaten to end like-kind exchange tax provisions, but some say the cost would be too great There’s a contingent of lawmakers and government officials lobbying to alter the face of like-kind exchanges, with some hoping to outright repeal the

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