Current Market Data
Those hoping to purchase homes in Boston’s surrounding suburbs face increasingly steep prices and fierce competition — a factor that has led to a cooling off of the metro’s market. Some neighborhoods, however, have defied this trend and showed impressive
The U.S. affordability index dropped to 100 in the second quarter of 2017, which is the least affordable level since the third quarter of 2008, according to a new report from ATTOM Data Solutions. The affordability index measures the
For homebuyers entering today’s market, speed is the name of the game. With home inventory at its lowest levels on record, available homes are being bought in record time. In a number of cities, including Boston, the majority of
Low housing inventory has troubled buyers since the end of the recession, and it doesn’t seem to be getting any easier to beat out the competition for a purchase. In fact, the number of homes for sale has now dropped more quickly
Much to the surprise of potential buyers, many of America’s largest cities boast a variety of ways for residents to stay active and explore — especially cities like Boston. In fact, Men’s Health named Boston the eighth most adventurous
Last month’s buyers faced one of the most competitive markets to date, according to Redfin’s May 2017 housing market report. As homes flew off the market and supply continued to decrease, speed of home sales and buyer competition hit
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
