Current Market Data

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,

Is luxury housing in Boston slowing down?

Luxury housing markets across the U.S. have seen declines in 2016, but according to a new analysis from Redfin, few markets have slowed more than Boston. Through Q1 2016, the average sale price for luxury homes in Boston was $3.19 million,

Boston suburb named as one of nation’s most dangerous cities

Earlier this week, we reported on NeighborhoodScout’s new list of the top 100 safest cities in the U.S. In part two of this two-part series on crime, we’ll be counting down the top 100 “most dangerous” cities in America. The

4 ways to be the managing broker your agents need

If agents are the soldiers in the field, then managing brokers are the generals. Maybe that analogy is a little militant for real estate, but it’s not a bad way of illustrating the relationship between the two. Agents expect a lot

Housing costs the most near these 10 MBTA stations

If your clients are looking for a reasonably priced home next to an MBTA stop, then you’d best avoid the Arlington Green Line station. According to an Estately analysis, the median sales price for properties within a half-mile radius

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