Current Market Data
The latest reading of the U.S. housing market — the S&P CoreLogic Case-Shiller Home Price Index for Sept. 2018 — showed yet another sign of sluggish price growth. S&P’s key 20-city composite index showed that home prices in the
There is a growing trend throughout several markets involving property listings that don’t appear on that market’s multiple listing system. The idea around private listings, or pocket listings, office exclusives or a number of other names, has been known
After six months of declines, existing home sales posted a month-to-month increase in October, according to the October report from the National Association of Realtors. Total existing home sales rose 1.4 percent from September to 5.22 million single-family homes,
Heading into the winter months, many Americans are seeing the housing market cool off. According to ValueInsured’s Q4 2018 Modern Homebuyer Survey, 75 percent of Americans believe their local housing market is cooling off. Additionally, 67 percent of those
Higher interest rates on mortgages and other loans increase the cost of purchasing a home using a fixed-rate loan, as is common practice. But even though average mortgage rates increased by less than 1 percentage point in the last
Heading into the end of a year filled with volatility, the mortgage lending industry continues to look at its present and future performance as a glass half-empty. According to the latest Mortgage Lender Sentiment Survey by Fannie Mae, the
While home price growth has slowed, many are still unable to afford a home in some of America’s biggest cities. But Realtor.com may have a few suggestions. In a recently published survey, Realtor.com listed the best neighborhoods to find
Home sales reports from state and local Realtor associations concluded that the markets of both Boston and Massachusetts in general underperformed on sheer sales volume, although prices remained strong. Last month, single-family sales in the Greater Boston area were
Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August. The National Association of Realtors reports that the pending home sales index rose 0.5 percent from 104.1 in August to 104.5
It would take the average American seven years to save up enough to make a down payment on a typical home, according to Zillow’s latest report. This is longer compared to 20 years ago when it took the average
Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and
Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK f. But even though leveraging home equity into
As home prices continue to rise across the country, homeowners appear ready to sell their homes. A record 77 percent of Americans believe that now is a good time to sell their home, according to the National Association of
Sales of single-family homes and condo units around greater Boston grew in August compared to the same month a year ago. Home sales increased 3.3 percent to end the month at 1,679 units sold, at a median price of
The U.S. Census Bureau’s monthly New Residential Construction report showed builders broke ground on new homes and apartment buildings at a much higher rate in August compared to the prior month or last August. Housing starts grew by 9.2
As millennials are expected to become the largest generation in history, it is no surprise the population’s location dynamic has been shifting. With millennials making up most of the labor force, millennials are following jobs that are relocating to
