Current Market Data
Boston might be the third most expensive housing market in the country, but average rent prices in the area have actually begun to trend downward. According to a recent RENTCafé report, Boston has now been closely following a nationwide trend
Americans are moving less often than ever before, and this new trend in decreasing mobility is having a major effect on the real estate industry. About 11 percent of Americans moved between 2015 and 2016, a decrease of 6
Despite a slight increase in recent months, home flipping has now hit a two-year low, and home flippers are seeing lower returns on their investment, according to the Q1 2017 U.S. Home Flipping Report by ATTOM Data Solutions. Home
When a home is referred to as “underwater,” it generally means that a homeowner owes more on the mortgage than the home is worth. In the future, the term might take on a new, much more literal meaning. With
A record numbers of homebuyers are scrambling to snatch their preferred houses off the market amidst stiff competition, and Boston buyers are no exception. According to a recent Realtor.com study, Boston is the third hottest housing market in America. The
Choosing the right paint colors can make a major difference when it comes to home sales, according to a Zillow study. Zillow conducted its 2017 Paint Color Analysis of more than 32,000 photos of U.S. homes sold between 2010
Proximity to public transportation is a priority for many when looking for housing, especially in urban areas. Boston is no different, and its residents pay handsomely to live near MBTA stops, according to Renthop.com. Renthop, the apartment listing website,
Low inventory led to decreasing existing home sales and days on market in April, according to the National Association of Realtors. The median days on market also declined, reaching a new low of 29 days. Total existing home sales,
Inventory issues continue to plague the Boston housing market as intense competition drove home prices to record levels, according to the Greater Boston Association of Realtors. The median price of a single-family home sold last month was $595,000, a
Demand for homes continues to grow as houses are selling faster than every before, according to Redfin. Typical homes went under contract in 40 days in April, 10 days faster than the previous year, making April Redfin’s fastest month on
Total household debt reached $12.73 trillion in the first quarter of 2017, which is above the 2008 peak before the housing market crash and economic downturn, according to new data from the Federal Reserve Bank of New York. However,
What does the typical Realtor look like, and how was business for them in 2016? The answer obviously varies from market to market and from age group to age group. But the survey results in the National Association of
Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their
Boston’s suburban markets are looking more desirable — or, at least, more affordable — than the city itself, as the number of new suburban renters has tripled the growth in city renters, according to a new study. Between 2011 and
After the largest dip in foreclosure petitions in three years in April, March saw foreclosure activity in Massachusetts jump nearly 6 percent, according to The Warren Group. March was the first time in six months that foreclosure
Boston’s inventory issues show no signs of stopping, as new statewide figures show that record-low new listings and available houses continue to plague the market. The Massachusetts Association of Realtors has released its report for March, and noted that
