Current Market Data

U.S. pending home sales bounce back in October after three-month decline

October’s pending home sales rebounded slightly after a three-month decline, according to the latest report from the National Association of Realtors. The Pending Home Sales Index rose 3.5 percent from 105.6 in September to 109.3 in October. This is

Freddie Mac: Housing market on track for best year in a decade

With 2018 right around the corner, Freddie Mac released its report card for 2017, that while the economy is marked by robust job growth and low inflation, the housing market has had some hiccups this summer and fall, largely due

The top 5 trends homebuyers will regret

With homebuying confidence on a steady descent since August, it’s clear the high prices of homes are affecting both buyers and sellers across the country. According to ValueInsured’s Modern Homebuyer Survey, 79 percent of homeowners believe that now is

Median U.S. home value increases by $12,500 since last year

Just months after median U.S. home values reached their highest point in history, home values have continued to rise. Zillow recently released its October 2017 Market Housing report showing that the median U.S. home value stands at $203,400, a $12,500,

10 worst cities for surviving the Apocalypse

If you’re worried about the next apocalypse after watching Rick Grimes and Daryl Dixon combat monsters on The Walking Dead, you may not want to set your sights for Chicago. In fact, scratch any large metropolitan cities off your

Young homebuyers still seek traditional layouts — but with flexibility

Add one more item to the list of differences between Millennials and Baby Boomers: how they choose to use their dining room. The Taylor Morrison Consumer Survey asked 1,000 U.S. adults to describe how they use a home’s existing

October home sales reach fastest pace in four months

Home sales don’t seem to be slowing down as October recorded the fastest pace of sales since June, according to the latest report from the National Association of Realtors (NAR). Total home sales grew to a seasonally adjusted rate

Redfin: Personal values greatly impact homebuying

No matter who you are or what you believe in, your own seemingly-insignificant preferences shed some light on the type of home you prefer. Whether you’re a single woman with a dog or a dad who is glued to

City millennials heading for the suburbs, says NREI

  As millennials get older, they’re trading in their train passes for minivans as they head for the suburbs, this according to National Real Estate Investor’s survey of suburban areas with the best potential for millennial population growth. Thanks

4 ways agents can become neighborhood experts

Real estate is becoming an increasingly competitive field, with new technologies coming constantly changing the industry. However, sometimes the best edge for agents is simply knowing the ins-and-outs of neighborhoods so you can position yourself as an expert when

Compass plans huge expansion after raising $100 million

Compass, a real estate technology startup, announced that it has raised $100 million during the Series E investment round, which it will use to expand to every major city within the United States. The company is now valued at $108

Boston real estate market poised to be one of the best in the U.S. in 2018

The real estate market in Boston this year has been fruitful, and 2018 will be even better, according to a recent report from PriceWaterhouseCoopers and the Urban Land Institute. Boston ranks No. 10 in this year’s Emerging Trends in

Buyers continue to seek out luxury homes even as prices soar in Q3

Luxury home prices grew 4.9 percent in the third quarter of 2017 compared to the same time last year as inventory tightened on the top end of the market. This marked the first quarter in which luxury inventory fell

NAR reports increase in buyer, seller confidence

The National Association of Realtors recently released its Realtors Confidence Index (RCI) to gauge Realtors’ feelings about the overall market, including local real estate market conditions, characteristics of buyers and sellers, and external factors affecting homeownership and sales. Overall, the confidence index

Residential building starts fall in September

Fewer homes are being built in the Boston-Cambridge-Quincy MSA, but nonresidential buildings are seeing a surge in spending this year, according to Dodge Data & Analytics. Nonresidential construction starts soared in September, rising from $416.8 million last year to

Home sales decline for third consecutive month, while prices rise

For third month in a row, there was a decline in home sales in September. However, the average home sale price continues to rise. A recent Redfin report shows that in September, home sales fell by 8.1 percent — the

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