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Current Market Data

The true cost of homeownership in Boston

Earlier this week, Estately Blog released its rankings of U.S. cities by percentage of income spent on owning a home. Boston was named among the top 10. In recent years, a surprising lack of inventory set to the backdrop

Millennials find housing opportunities in Greater Boston – with conditions

The Greater Boston housing market is relatively open to Millennial homebuyers – but only those without student debt. That finding came from a new study by Apartment List, which looked at the number of years it takes Millennial consumers to save

Who do housing experts want for president?

By this time next year, the United States will have a new president – either Bernie Sanders, Hillary Clinton or Donald Trump (though, at this point, one of the latter two seems most likely). It will be from the

Greater Boston’s top-selling neighborhoods and suburbs, April 2016

See our chart below for the top-selling housing markets in Greater Boston in April, according to research from GBAR. Click on the tabs to adjust between suburban and city housing markets. Top-Selling Neighborhoods Top-Selling Suburbs Neighborhood Home Sales South End/Bay Village 48

TRID haters quieted as April loans close quicker than previous year

Loans closed faster in April than in any time over the last 12 months (excluding last month), Ellie Mae’s new Origination Insights Report confirmed. Questions about the true impact of TRID are likely to follow. In the wake of TRID’s

Spring homebuying soars in Greater Boston

The spring homebuying season in Greater Boston got off a roaring start in April, according to the latest numbers from the Greater Boston Association of Realtors. For April, single-family home sales were up 19.7 percent year-over-year to 1,132, while

Highlights from NAR’s new member profile

Sixteen percent of agents have at least one personal assistant. The median age of new Realtors is 43 years old. And 83 percent are very certain they will remain active as real estate professionals for another two years. Those

4 ways to ditch waste-of-time meetings

The average meeting is expensive, long and a waste of time. Those are not the inherent traits of meetings; they are the reality of what contemporary business culture has relegated them to.. But you and your agents deserve better.

The top 10 luxury housing markets in Boston

Luxury homes are most prominent in Boston’s Haymarket neighborhood. That was the finding of a new report from Trulia, which analyzed the market share of million-dollar homes in the nation’s housing markets. In Haymarket, a remarkable 87.5 percent of homes are

Boston best city in the country for startups

Boston is the best city in the country for startup companies, according to a joint analysis from the U.S. Chamber of Commerce Foundation, 1776 and Free Enterprise. “We are at the dawn of an extraordinary technological revolution, and it

Single-family construction is having a great year

Single-family homebuilding is showing encouraging strength in 2016, according to new numbers from the U.S. Census Bureau. Through April, single-family authorizations were at a rate of 736,000, which is 3.3 percent above the revised March rate of 725,000. Monthly new

Builder confidence points to strong construction in 2016

Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Ed Brady, the NAHB’s chairman, explained in the association’s report

Millennials dream of homeownership…from their moms’ basements

Millennials may be America’s largest, most vivacious generation yet, but new research suggests that their homebuying prospects have only worsened with time. According to a new analysis from Zillow, more Millennials now live with their parents than at anytime

This “boring” topic could be worth thousands to your clients

We know, we know – private mortgage insurance (PMI for short) is one of the more profoundly unsexy topics in real estate, and offers little of the glitz and glamor of staging, showing and negotiating. But it is a

This Boston brokerage is No. 1 in the state for sales

Every year, REAL Trends, a leading source for industry analysis and information, publishes its 500 lists, which rank the country’s top residential brokerages by transaction sides and total sales volume. This year both Massachusetts and Boston were represented. It

Why Massachusetts is a top 10 place to live for working moms

The prevalence of women in the workforce has grown tremendously over the past few decades, and as a result, working moms have gained buying power in the real estate market. However, as a recent study from WalletHub pointed out,

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