Current Market Data

Low inventory still driving up housing prices in Boston
Low inventory still driving up housing prices in Boston

In February, 36% of homes sold above the asking price as the decline in homes for sale hit a record low.

Boston home sales remain brisk in February as median prices hit new highs
Boston home sales remain brisk in February as median prices hit new highs

The Greater Boston Association of Realtors says the numbers offer an early sign of an extremely active spring local housing market.

Millennials dominate homebuyer market as Gen Z enters
Millennials dominate homebuyer market as Gen Z enters

Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.

Large home sales boom as families seek more room
Large home sales boom as families seek more room

Bigger is better when it comes to houses on the market, according to a new report from Realtor.com.

Home ASAP: Three-quarters of brokers saw flat or growing business in 2020
Home ASAP: Three-quarters of brokers saw flat or growing business in 2020

Brokers remain optimistic despite low inventory of homes, the ongoing pandemic and iBuyers.

Homeownership rising for single women, despite pandemic ‘she-session’
Homeownership rising for single women, despite pandemic ‘she-session’

It is not “first comes love, then comes marriage,” but for many women, “first comes homeownership,” according to First American Chief Economist Odeta Kushi.

Cape Cod market soars, Suffolk County cools through pandemic
Cape Cod market soars, Suffolk County cools through pandemic

Homebuyers are taking advantage of remote-work policies as interest in vacation towns and suburbs spikes.

Underwater homes down in metro Chicago
Underwater homes down in metro Chicago

Nationally, homeowners with mortgages saw their home equity increase by 16.2% year-over-year from the fourth quarter of 2019.

New residential mortgages hit 14-year high
New residential mortgages hit 14-year high

Lenders issued $1.06 trillion worth of mortgages in the fourth quarter of 2020 with refis contributing to the boost.

Housing observers expect February job gains to continue
Housing observers expect February job gains to continue

“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day,” National Association of Realtors chief economist Lawrence Yun said in a release.

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