Current Market Data
In mid January, a small cadre of consultants from research group John Burns Real Estate Consulting attended the National Multifamily Housing Conference, looking for evidence of future trends in housing. They found one, and it involves the possible decline of
Greater Boston has the best Millennial housing market in the country, according to a new analysis from LendingTree. Per LendingTree’s numbers, 52.46 percent of purchase requests in Greater Boston come from Millennials, with the average age of the buyers being 28 years; that market
New research reaffirms how important Hispanic consumers are for the future of housing in America The numbers speak for themselves: in 2015, the number of Hispanic-owner households saw a net increase of 245,000, accounting for 69 percent of the total
Just how unaffordable is Boston for average city residents? Boston’s affordability issues have been well documented, but a new analysis by the Boston Redevelopment Authority has raised awareness on just how unaffordable Boston truly is. We’ve taken a look at the
Homebuyers are shoppers like any other, which means that certain words appeal to them more than others: “deal,” “affordable” …and “bargain.” But not every sale is a deal; not every home is affordable; and according to a report from
A strong dollar and rising home prices leave foreign investors cold on buying in the U.S. The post-boom U.S. housing market has benefitted immensely from foreign consumer demand. According to the National Association of Realtors, foreign homebuyers accounted for 209,000
New, or used? Detached, or townhome? Environmentally friendly? Close to work? Near shopping centers and entertainment venues? The number of options available to homebuyers in our real estate market is limitless, and NAR’s latest Home Buyer and Seller Generational
The debate over TRID’s true impact on mortgage markets is ongoing, but according to a new survey from the American Bankers Association, lenders are still grappling with longer processing times and delays in mortgage closings, which many are attributing
Home value sees noticeable changes near stores of certain persuasions Homeowners living near a Target have experienced better home value appreciation since their purchase than homeowners near a Walmart, but also pay higher property taxes, according to a RealtyTrac
Why do consumers buy homes, nowadays? There are many reasons that someone may want to purchase a home, but among America’s homebuying public, which reasons are the most common? According to the new Home Buyer and Seller Generational Trends
Modern homes favor efficiency and space Just as the average American homebuyer has changed over the years, so too has the average American home. According to a new analysis from the National Association of Realtors, new homes are characterized
Homeowner equity made big year-over-year gains in the fourth quarter of 2015, according to a new analysis from CoreLogic, which found borrower equity increased by $682 billion, or 11.5 percent – to put it into perspective, that’s more than
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.
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
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
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