Current Market Data

Boston’s new construction market trips in January

Boston’s new construction market plummeted in January, as spending dropped double digits from a year prior, according to research from Dodge Data & Analytics. But the dip isn’t so bad. Yes, residential construction spending from Jan. 2016 to Jan.

Boston’s not only walkable, it’s safely walkable

Boston is a safe city for pedestrians – one of the safest in the nation, a new study found. And that’s great news for real estate agents, because today’s homebuyer is mobile. We already knew Boston was a walkable city.

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Single female buyers rise in a challenging Boston market

  From the 1700s-era Georgian and Federal Style homes to the sleek architecture sometimes found in today’s condominiums, there’s a veritable cornucopia of styles available to homebuyers in the Boston area, an increasing number of which are single females.

Survey: Agents and lenders need to better educate borrowers on closing costs

When the TILA-RESPA Integrated Disclosure (TRID) rule was passed in Oct. 2015, it was billed as a simplifying of the mortgage process – at least as far as borrowers were concerned – and an effort to increase transparency, particularly as

Survey: Borrowers worry how Trump and DeVos will manage this barrier to homeownership

The Millennial homeownership rate fell to a 30-year low last year, and a big contributor to that trend is growing student loan debt. The country has an opportunity to address the issue under newly elected President Donald Trump and

Report: “The World’s Most Admired” homebuilders

Toll Brothers is “The World’s Most Admired” homebuilder, according to Fortune. Of the five homebuilders named by Fortune, the Pennsylvania-based builder, which operates in markets across the country, came in on top. Fortune cited Toll Brothers’ renowned management, innovation,

3 trends that defined Boston’s housing market in January

In its monthly market report, Redfin dissected dozens of markets across the nation and found that in January, buyers typically faced three challenges: rising prices, low inventory and a fast market. That was certainly true in Boston. Prices continue

Four trends Gary Keller says may change real estate

Keller Williams Founder Gary Keller spoke via an invitation-only live stream this week on the nation’s real estate market, commenting on the state of today’s market, and speculating on the fate of tomorrow’s. One of the most pressing topics

Bostonians are undervaluing their homes

There is a slight disconnect between homeowners and appraisers in Boston, according to Quick Loans’ latest National Home Price Perception Index (HPPI). The good news is the disconnect is in the favor of homeowners. In February, homeowner opinion in Boston

Report: Boston one of the “Best Places to Live”

Boston is one of U.S. News & World Report’s top 25 “Best Places to Live.” In fact, the city comes in at No. 8. To determine its ranking, U.S. News considered Boston’s quality of life and job market, as

Four ways builders are beating the labor shortage

In the five years following the peak of the housing bubble – so from 2006 to 2011 – the United States’ construction industry lost 2.3 million laborers. By 2013, 60 percent had already found new careers in other industries – which meant

When does owning in Boston become a better deal than renting?

Buying a home in Boston is a great deal – so long as the owner stays in it for about two and a half years. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the

Two signs that Boston’s housing market is in for a correction

The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked job

3 Boston suburbs named among “best cities for families”

Three Boston suburbs are among the 10 “best cities for families” on the East Coast, according to a new report from Apartment List. Basing its analysis on four disproportionately weighed data points – safety, housing affordability, education quality and

2 stats that could sign an end to inventory shortages

Builders need to build – a ubiquitous sentiment throughout the country, and what some experts believe is the solution to widespread inventory shortages. Two new stats suggest that may be exactly what’s going to happen in 2017. The first stat

Meet the first-time homebuyer of 2017

This year could be the year of the first-time homebuyer. Of course, that’s what experts said last year too. But this year it might actually happen. Of course, there remain barriers to entry – tight credit, inventory shortages, high

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