Current Market Data
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
Boston’s housing inventory issues likely won’t be resolved any time soon, as housing construction starts fell dramatically in March, according to the latest figures released by Dodge Data & Analytics. A look at March’s home starts shows a 56
Boston is one of the least affordable and most competitive housing markets in the country, and recent sales figures show the trend is not slowing. “Increasingly, we’re having to go back at least a decade to see sales and
More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids
In a new report, Real Estate in a Digital Age, the National Association of Realtors offers insight into homebuyers’ technology usage habits. It’s a rare consumer who doesn’t incorporate technology into his or her homebuying pursuits – 95
For today’s real estate agent, technology is indispensable in getting the job done quickly and efficiently. According to NAR’s recent 2017 Real Estate in a Digital Age report, agents and brokerage firms rely on a variety of tools
The current generation of 18-to-34-year-olds – otherwise known as Millennials — is more likely to be living with their parents than in any other living situation for the first time in 130 years, according to a recent study. Just over
There are trends that come and go, and then there are trends that evolve into the norm; the concept of real estate firms expanding into mortgage brokering, as Norwell, Mass.-based Jack Conway & Co., has done, may ultimately
During the past year, total home equity held by households rose by 10.9 percent, or $1.317 trillion, to $13.349 trillion, according to the Federal Reserve Board’s fourth quarter of 2016 release of its Financial Accounts of the United States report.
To better understand the perspective and experiences of people who were in the market to buy or sell a home in 2016, Redfin recently commissioned SurveyGizmo to ask 3,352 Americans what would influence their buying or selling of a
