Current Market Data

Greater Boston new construction continues to grow in 2016

The Greater Boston new construction market continued its solid 2016 performance in July, according to new numbers from Dodge Data & Analytics. In July, Greater Boston saw more than $235 million in total residential construction spending, a pronounced 62 percent decline

Trump on housing: ‘A home builder taught me everything I know’

Donald Trump spoke to the National Association of Home Builders this month, and it turned out to be one of the most important speeches of his campaign: it was about housing. He reminisced about what it was like growing

Why Boston home sales are down double digits

High prices and low inventory finally got the best of the Greater Boston housing market in July, with home sales in both the single-family and condo markets falling by double digits. According to the latest analysis from GBAR, single-family

4 things to know about multigenerational households

Multigenerational households – those that include two or more adult generations, or grandparent and grandchildren – are at an all-time high in the U.S., according to a new Pew Research Center analysis. Based on census data through 2014, Pew

AARP releases new tool to help Boston agents serve older clients

What do seniors look for in a neighborhood? It’s a smart question for real estate agents to ask, considering the rapid growth of the country’s 65-and-older population. In 2014, 46.2 million people in the U.S. were at least 65

3 ways Greater Boston homeownership has changed since 2007

From falling sales to rising levels of negative equity, the housing crisis affected Greater Boston’s market in a number of ways, but how did the metro area’s homeownership rate fair amidst all that upheaval? To find out, we consulted new research from

Here’s how much average closing costs are in Massachusetts

Average closing costs in Massachusetts are among the highest in the nation, a new report from Bankrate confirmed. The implementation of TRID, and its new closing disclosure form, has helped reduce confusion around what closing costs actually entail. But

What’s the final word on student debt and housing? It’s complicated.

The statistics are hardly encouraging: student debt has more than tripled in the last 10 years; its serious delinquency rate is higher than any other form of debt, including mortgages and credit cards; it now totals $1.37 trillion, and

Boston’s walkability only improves as new construction thrives

Boston is already among the three most walkable cities in the U.S., and new research finds that Beantown’s current construction boom will only boost the city’s walkability further. According to a report from Redfin, a whopping 85 percent of

Greater Boston’s top 10 luxury markets in 2016

Cambridge was Greater Boston’s top luxury housing market in the second quarter, according to new research from Redfin. Within Cambridge’s luxury market, the average sales price was $3.703 million in Q2, a 53.8 percent increase over Q2 2015; that dwarfed the

Luxury housing soars in Boston

The Boston luxury housing market is among the top-performing in the nation, according to a new analysis from Redfin. In 2016’s second quarter, the average sales price for luxury housing in Boston was $3.556 million, a 15.7 percent increase over last

1 in 5 Boston homes could be underwater by 2100

By 2100, one in five Boston homes, nearly 22,000 homes, could be underwater, according to a new study. The paper, authored by professors Robert Deconto, of the University of Massachusetts, and David Pollard, a senior scientist with Pennsylvania State

7 signs that housing still has a long way to go

Americans are deeply pessimistic about economic mobility. By an overwhelming margin, they believe it is harder today to secure a middle-class lifestyle than it was for past generations. And a large majority continue to see the housing market in

Boston home sellers see outstanding returns in 2016

Home sellers in the Greater Boston housing market have seen some of the most modest returns in the nation, according to the Q2 2016 U.S. Home Sales Report from RealtyTrac. Basing its analysis on publicly recorded sales deeds from more than 900 counties

Appraising solar: a new approach

By the end of 2016, the Department of Energy estimates 1 million homes will be equipped with a solar energy system. And still there is no definitive way to value those systems in appraisals. A new report from the

FinCEN expands luxury real estate money laundering investigation

In January, the Financial Crimes Enforcement Network, a division of the Treasury Department, announced two Geographic Targeting Orders, or GTOs, to monitor all cash luxury transactions in both Manhattan and Miami. The purpose was to help authorities identify possible

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