Current Market Data
The trend toward lower mortgage rates doesn’t appear to be a short-lived phenomenon, and has already boosted loan application activity to historically high levels. As a result, lending industry executives are responding with their most optimistic outlook on the
Weekly mortgage applications rise most in four years The number of mortgage applications filed during the week ending June 7 grew nearly 27 percent over the prior week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. That’s
The number of single-family home listings put under agreement in May grew once again compared to the same time one year earlier, according to a statewide report from the Massachusetts Association of Realtors. That marks 12 consecutive months of
A new report by home remodeling website Fixr lists the top 20 metropolitan areas in the country for the number of construction permits filed in 2018. The list includes many “usual suspects” like New York, Los Angeles and Chicago
Two recent measures of Americans’ confidence in the national housing market improved in the last month, showing that more homeowners as well as consumers are generally feeling more optimistic about this key segment of the U.S. economy. One of
The practice of home flipping in the U.S. declining in strict numbers, even as it grows as a share of all home sales, according to a new report on the subject by ATTOM Data Solutions. The report looked at
The eighth annual Houzz & Home Study, released June 5, revealed the trends, desires, budgets and challenges of homeowners taking on remodeling projects. These takeaways will help you assist clients who are looking to upgrade their living spaces. Spending
A surge in demand for homes combined with a widespread shortage of supply caused home prices to surge beyond the reach of many buyers in the last year. Fortunately for prospective buyers and the U.S. housing market at large,
While sales and prices of Boston-area single family homes both saw gains in April, including double-digit growth in home sales, condos sales fell 4 percent year over year, and condo prices were down 5.8 percent over April 2018, according
It’s clear we’re in a transitional real estate market at the moment, but the destination isn’t quite as obvious. While this year has been notoriously difficult to predict in terms of home sales, there are three indicators that can
Home sales throughout the metro Boston area surged again in April, marking the third consecutive month of strong market data this spring. According to data released May 22 by the Greater Boston Association of Realtors, 947 single-family home sales
Industry confidence in the single-family housing market for older adults reached an all-time high last quarter. The National Association of Home Builders’ 55+ Housing Market Index continued its recent incline with a reading of 72, up six points from
Sales of single-family homes and condominiums remained strong in March to end the first quarter of 2019 on a high note. With prices increasing more modestly and listing inventory well ahead of last year, the Boston metro market appears
After a strong nationwide rebound in February’s home sales figures, purchase activity resumed its downward trajectory in March. According to the National Association of Realtors’ existing-home sales report released April 22, completed transactions fell 4.9 percent between February and
In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State
Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by
