Today’s Top News: Rocket to acquire Redfin

Current Market Data

These are the 3 Things Keeping Non-Homeowners from Buying

Non-homeowners are plagued by a lack of credit, money and knowledge First-time homebuyers have been absent from the current market ever since the housing downturn, choosing instead alternative housing solutions such as renting and living with parents or in-laws.

Bostonians are Ready to Buy in These 5 Suburbs

Few people manage their money better in the U.S. than residents of Lexington, according to a new analysis from WalletHub. With an average credit score of 750.59 and a mortgage debt-to-income ratio of 501.19%, Lexington was the fifth-savviest area in the country when it

In Boston Real Estate, these Two Groups Value Homeownership the Most

Hispanic and Millennial consumers are the most eager to buy homes in the Greater Boston area, according to a new survey from Zillow. The survey, which polled more than 10,000 renters and homeowners, asked consumers whether or not they associated homeownership

Survey: TRID Impacting 75 Percent of Loan Closings

New regulations are delaying a high amount of loans, new research finds More than 75 percent of banks say TRID compliance is delaying loan closings between one and 20 days, according to a survey by the American Bankers Association. The reasons

Boston New Construction Soars in 2016

The residential construction community in Boston kicked off 2016 in a strong fashion, with overall spending rising considerably from a year ago, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s analysis, residential construction spending in

The 4 Reasons to Expect a Strong Spring Housing Market

A strong economy and beneficial market conditions will boost housing in the spring The National Association of Realtors has always tried to keep a positive perspective when looking towards the future, and the latest report from Realtor Mag, which anticipated a

This is Why Millennials are Buying in Urban Areas

Millennials looking for more in their surroundings Much has been written about the newfound demand for urban, walkable environments, and a new study from CityLab has zeroed in on the causes behind that demand. According to CityLab’s research, the

The 10 Things Clients ‘Must Have’ in New Construction Homes

Baby Boomers are famous for their embrace of suburbs, and new research suggests that their love for the housing style remains fervent as ever. According to new research from the National Association of Home Builders (NAHB), 22 percent of

The Best Time of the Year to List a Home in Greater Boston

When is the best time to list your client’s home? The answer may surprise you The best time to list a home in Greater Boston’s housing market is between May 16 and May 31, according to a new analysis from

Why Boston Ranks Second Among U.S. Cities for Quality of Life

Bostonians can claim a quality of life in their city that’s worth bragging about. According to Mercer, the world’s largest human resources consulting firm, the city is better to live in than most other places in the U.S. In its

No Cash Problems in Boston – City Remains “Normal”

From Jan. 2013 to Oct. 2015, year-over-year decreases in the share of total home sales occurring in all cash have averaged 2.7 percentage points. However, in Nov. 2015 (the latest available data) the pace of decline slowed to 0.7

The 4 Challenges First-Time Buyers Face in 2016

The housing market is improving, but first-time homebuyers still face challenges First-time homebuyers have dropped to their lowest share since 1987, and based on numerous reports and analyses by news organizations and industry groups, there are a number of barriers

Despite Adversity, Millennials Optimistic on Housing

Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number

Why Greater Boston Foreclosures are Up by Double Digits

Unlike the rest of the nation, foreclosure activity is rising in Greater Boston Foreclosure activity in the Greater Boston housing market has risen considerably in the last year, according to the latest numbers from RealtyTrac. Per RealtyTrac’s analysis, there were 844 instances

The 3 Things You Need to Know About 2016’s Tricky New Construction Market

New home sales were down in January, but that’s not the whole story Sales of new single-family homes declined in January, falling 9.2 percent from December and 5.2 percent from Jan. 2015 to a seasonally adjusted annual rate of 494,000,

Why A Majority of Homeowners “Underestimate” Their Home’s Value

There are more than 49 million homeowners in the U.S. with a mortgage, and approximately half (46 percent) expect their equity to increase in 2016, according to research from loanDepot. That’s another way of saying seller confidence is on

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