Current Market Data
The term “bubble” gets thrown around often nowadays, but the data does not support such statements. The great housing bubble of 2001 to 2008 was a mammoth economic event, one that pulled the housing market through a verifiable roller
Though things are tough right now for Millennials, agents should definitely keep them on their immediate housing radar. It’s not easy being a Millennial. As we’re reported recently, the Millennial generation is still the home-bound generation, with many a
Home prices remained positive in the latest Case-Shiller, though they exhibited definite signs of easing. Home prices in the Boston area were up 0.2 percent monthly and 5.7 percent year-over-year in Standard & Poor’s latest Case-Shiller Home Price Indices, with data
The decline was not substantial, but pending contracts definitely slowed down in August. Pending home sales fell 1.0 percent in from July to August, and are down 2.2 percent from where they were in 2013. Those were the main
There has been undeniable progress in the mortgage markets, but the effects of the recession still linger. Earlier this week, the Federal Reserve released a bevy of mortgage data from 2013, and it came with a screaming good headline
American homeowners are finding that rising home prices are helping them reclaim some of the equity lost during the housing crisis, CoreLogic reports. The value of homes, since the bursting of the housing bubble in 2007, have been struggling
The recovery in housing is still heavily concentrated in higher price points, according to new NAR research. On the surface, it seems like just another report on housing – earlier this week, the National Association of Realtors reported that existing-home
New home sales rocketed to the moon in August, but such data should be taken with a grain of salt. Here’s some glorious news to brighten up your day – according to new Census Bureau numbers, the sales of
Some analysts have argued that the impact of student loans is overblown, but new research comes to a different conclusion. In the last 11 years, student debt in the U.S. has skyrocketed from $241 billion to $1.1 trillion, making
NAR’s August existing-home sales report reveals declines – the good kind. The second quarter of 2014 saw consecutive months of gains, and it looked like that trend was continuing into the third quarter. However, due to a increasing lack
We keep hearing how depressed single-family construction is and that we need more new homes, but is that really the case? In 2013, there were 618,000 single-family housing starts, and we’re currently operating at a rate of roughly 622,000
Tight lending is blamed constantly for housing’s slow recovery, but there’s actually much more to the narrative than meets the eye. Last week, we reported on an unorthodox idea that is brewing in some housing circles – that in
Everyone keeps waiting for Millennials to jump into the housing market and save the day, but new data shows we should not hold our breath. It’s the big question on many an agent’s mind – when will Millennials take
The post-boom construction narrative soldiers on with the release of the latest building data from the Census Bureau. On the surface, it looks pretty bad – according to fresh numbers out today from the U.S. Census Bureau and Department of
The last decade as seen the rise of cash sales. Now some believe we’re seeing the fall. Over the last decade, the portion of all-cash sales has fluctuated wildly, largely on account of the initial expansion of the housing
Builder confidence has continued its recovery in September, according to new NAHB research. Homebuilders are clearly a happy bunch. According to the National Association of Home Builders’ latest Housing Market Index, which is the leading measure of confidence in the