Current Market Data
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
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
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
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
It’s no secret to agents, buyers and sellers in Boston that in the market, you get what you pay for. But how much exactly will you be paying? Recent data from NeighborhoodX shows that the cost per square footage
A recent survey shows about six out of every 10 homes built in 2016 were built within homeowner’s or community associations. The U.S. Census Bureau’s Survey of Construction (SOC) defined homeowner’s associations as “formal legal entities created to maintain common
According to a recent survey from Imprev Thought Leadership, two out of three real estate executives favor newer technology such as Predictive Analytics, Marketing Automation, and Big Data for future business, while less than half are willing to invest
Although homeowners and appraisers don’t see exactly eye to eye on home values, the gap is narrowing, according to the latest National Quicken Loans Home Price Perception Index (HPPI). According to the September update, appraisers’ valuations were 1.14 percent
The trends they are a changin’. Resilient — or vinyl — flooring is out, and real hardwood floors have reemerged as the leader in the flooring market. A new report from Home Innovation Research Labs shows that in the last 12
Millennials are interested in smart homes, and are willing to pay more for them. Because these 18- to 35-year-olds represent the first generation born into the digital age, they are thought of with negative connotations like laziness and vanity.
In a recent poll about what baby boomers want as they move into retirement, many said they are looking for homes near their grandchildren and homes with a multi-car garage and storage. According to the Del Webb Baby Boomer
In 2017, the home trends seem to indicate that people want to spend more time outside, but not far from home. Porches seem to be swinging back in style with a majority of new home construction projects begun in
Source: Sherwin-Williams Sherwin-Williams released its 2018 Color Forecast, where Oceanside was named color of the year. Oceanside (SW 6496), a rich, deep blue color, won for its comforting warmth, while still leaving a hint of the unknown, evocative of
It seems as though homeowners who believe that next year will be a better time to sell may be right as home prices continue to rise. Not only increasing year-after-year, but also month-to-month as of August 2017. CoreLogic released
Homeowners in 2017 want a lot in their bathroom space. However, what used to be one of the main bathroom components — the bathtub — is one they do not want, preferring alcove or corner showers. Houzz recently released their
Less homes are being flipped, for less of a profit, and for those who do, the cost is the most expensive it’s been in nearly 10 years according to a new report from ATTOM Data Solutions. Flipping trend on
