Current Market Data

Not just millennials: Baby boomers want walkable neighborhoods too, study says

Millennials are known for their desire to live in cities with busy nightlife and easy access to outdoor activities. But this need doesn’t only apply to Generation Y — it turns out baby boomers want walkability in their neighborhoods as

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Boston’s total construction rose in June, residential inventory still lagging

Boston’s construction starts rose last month overall, according to recent data from Dodge Data & Analytics. Despite this increase, however, Boston still lacks inventory when it comes to residential construction. The report considered all June 2017 construction starts in the

Boston home sales cooled slightly in June, reports says

Boston home sales remained relatively steady in June despite growing sales competition and lack of inventory. In fact, both single-family homes and condos actually saw a slight dip in sales year-over-year following a similar pattern in May, according to

Existing homes sales down in June due to low inventory

Home sales decreased in June thanks to low housing supply, according to the National Association of Realtors. The Midwest was the only area nationally with increased sales last month. Total existing-home sales (completed transactions that include single-family homes, townhomes, condos

National median home value passes $200,000 for the first time, study says

The typical U.S. home is now worth more than $200,000 for the first time in history, according to the June Zillow market report. The national median home value now sits at $200,400. This number is a notable 7.4-percent increase from

Online searches for first-time buyer mortgages are at an all-time high

The process of buying a home can be extremely daunting, especially if it’s your first time doing it. Recently, Chase Home Lending and Google paired up to figure out how and what people are searching online about homeownership. The companies discovered people

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Suburban Boston’s 6 hottest housing markets in June

Those hoping to purchase homes in Boston’s surrounding suburbs face increasingly steep prices and fierce competition — a factor that has led to a cooling off of the metro’s market.  Some neighborhoods, however, have defied this trend and showed impressive

U.S. homes are the least affordable since 2008, new report finds

The U.S. affordability index dropped to 100 in the second quarter of 2017, which is the least affordable level since the third quarter of 2008, according to a new report from ATTOM Data Solutions. The affordability index measures the

Over 60 percent of Boston homes are sold within 2 months, report says

For homebuyers entering today’s market, speed is the name of the game. With home inventory at its lowest levels on record, available homes are being bought in record time. In a number of cities, including Boston, the majority of

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National housing inventory drops at fastest rate in four years, study says

Low housing inventory has troubled buyers since the end of the recession, and it doesn’t seem to be getting any easier to beat out the competition for a purchase. In fact, the number of homes for sale has now dropped more quickly

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Boston named one of the most adventurous cities in America

Much to the surprise of potential buyers, many of America’s largest cities boast a variety of ways for residents to stay active and explore — especially cities like Boston. In fact, Men’s Health named Boston the eighth most adventurous

Sales speed, competition hit record highs in May

Last month’s buyers faced one of the most competitive markets to date, according to Redfin’s May 2017 housing market report. As homes flew off the market and supply continued to decrease, speed of home sales and buyer competition hit

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Boston rent prices are actually dropping, study says

Boston might be the third most expensive housing market in the country, but average rent prices in the area have actually begun to trend downward. According to a recent RENTCafé report, Boston has now been closely following a nationwide trend

Why don’t Americans move anymore? Here are 3 theories

Americans are moving less often than ever before, and this new trend in decreasing mobility is having a major effect on the real estate industry. About 11 percent of Americans moved between 2015 and 2016, a decrease of 6

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Home flipping hits two-year low as profits dip, study says

Despite a slight increase in recent months, home flipping has now hit a two-year low, and home flippers are seeing lower returns on their investment, according to the Q1 2017 U.S. Home Flipping Report by ATTOM Data Solutions. Home

Boston and climate change: 1 in 6 homes could be underwater by 2100, report says

When a home is referred to as “underwater,” it generally means that a homeowner owes more on the mortgage than the home is worth. In the future, the term might take on a new, much more literal meaning. With

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