Current Market Data

The reasons why millennials don’t own a home

Millennials have turned out to be the largest generation in history, but they still make up the smallest percentage of U.S. homeowners among all generations. Although most millennials, those ages 18 to 34, have reached their peak homebuying years,

Waterfront home prices falling, Zillow finds

Oceanfront homes, lakeside properties and even residences along the river tend to attract higher-than-average prices. However, according to a new report from Zillow’s research team, that premium on waterfront real estate has declined in recent years. Based on its

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How climate change will impact Boston’s real estate market by 2030

A major storm last winter showed Boston residents what life might be like as climate change causes sea levels to rise. Now, a new study aims to show which areas around Boston will see their real estate markets impacted

Why the homeownership rate among young adults remains low

At just over 64 percent, the national homeownership rate among U.S. adults remains stubbornly low. For young adults between the ages of 25 and 34, the rate is even lower than it was less than a generation ago, but

The factors that hold up home purchase contracts the most

Home purchase contracts are increasingly being settled on time, and technology has increased the median days to close. But there are sill many ways for contract negotiations to hit a snag. A National Association of Realtors survey from May shows

Boston is the 3rd hottest housing market in the country, Realtor.com says

A look at how each housing market performed in June shows that Boston is the third hottest housing market in the country, according to Realtor.com. Boston had the third hottest market in the country thanks to its median days

Homebuying trends among baby boomers

In recent years, baby boomers are accounting for a smaller portion of the homeowning population, currently just 25 percent, and a new report finds that they typically prefer not to take advantage of the technology available to streamline the

Millennial homebuyers worked overtime, sold cryptocurrency for down payment savings

To make ends meet while saving up for a down payment, cash-strapped millennials are getting creative. A Redfin survey of 2,000 millennial homebuyers (age 24 to 38) found nearly four in 10 took on a second job to accrue

Homebuying trends among Gen X

As millennials begin to take over the homeowning population, Generation X buyers are making up a smaller portion of the housing market, accounting for just 30 percent of it. MetroStudy partnered with Zillow to discover and analyze trends in

How millennial buyers drive the housing market

As millennials begin to enter the housing market, they are becoming the driving force, with millennial buyers making up 42 percent of it. MetroStudy partnered with Zillow to discover and analyze trends in the housing market among the millennial

More homeowners are investing in renovations to help boost resale value

The most popular home renovation projects, like kitchen and bathroom remodels, are the ones that contribute the most to a home’s increased resale value. In fact, two-thirds of renovating homeowners are focused on increasing home resale value, according to

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Boston-area home sales fall on short inventory

The latest monthly report on the Boston housing market from the Greater Boston Association of Realtors found that persistently low inventory of available housing stock once again depressed sales while sending prices to new highs. Single-family home sales fell

See which paint colors can help boost sales prices

Choosing paint colors is perfect way to reflect your style onto your home. But, when it comes time to sell, the colors you chose may not appeal to potential buyers. Zillow is here to help with their 2018 Paint

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Report: East Boston asking prices approach $500 per square foot

A new report from real estate analytics firm NeighborhoodX took a look at home prices in East Boston, an area that’s seen as up-and-coming in the local market. Based on market-rate listings collected by NeighborhoodX in the last month,

How Century 21 Cahill Associates CEO David Cahill capitalizes on the summer selling season

David Cahill, managing broker and CEO of Century 21 Cahill Associates, assesses the current housing market in Boston and explains why summer is an ideal time for the city’s real estate agents. He also shares how his agents put

Landscaping can increase home values up to 13 percent

Sprucing up the curb appeal is one way homeowners can significantly increase the value of their home. A well-manicured property can increase a home’s value by anywhere from 6 percent to 13 percent compared to a property with no

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