Trends

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Housing demand likely to stay high for years, according to new study

There are 5.7 million “missing” households since the Great Recession, a fact likely to boost housing demand for at least the next several years.

Re-imagining real estate in a global pandemic

Empty commercial space is a looming crisis. What if all that unused real estate were converted to housing?

Single-family rent price growth shows a divide in recovery across price tiers

A new report from CoreLogic shows higher-priced rentals returned to 2019 growth rates while the lower-priced tier continues to lag.

Economist sounds warning on unemployment, housing market

“COVID-19 cases are on the rise and there is increasing likelihood of a further impact on economic activity, which may trigger a corresponding increase in unemployment in impacted industries,” says First American Chief Economist Mark Fleming.

Full House: Pandemic buyers want room for multi-generations

A new report from NAR points to changes in homebuyer and home seller behavior brought about by the pandemic.

Homeownership is increasing during the COVID-19 recession: Here’s why

The decision to rent or to buy was once a question of finances and lifestyle preferences, but the coronavirus pandemic has added yet another complex layer to the equation for many Americans.

New York City homebuyers eyeing Boston for a move

The third quarter was like a game of musical chairs for many who are abandoning large cities for more affordable areas of the country. See what’s happening in Boston.

Zombie property rate down — for now at least

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

More than 40% of Americans hesitant to move to areas where they’d be in the political minority

Another 16% of U.S. residents would consider leaving the country if their candidate loses, up from 9% in 2016.

Expect fall price gains, but 2021 could see a cooling market

The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.

‘Affluent trailblazers’ seek luxury homes in nontraditional markets

A new report from Coldwell Banker Global Luxury captures the changing demographics and preferences of luxury buyers.

Q3 home sales profit margin jumps 37.5%

“It’s almost as if the housing market and the overall economy are operating in different worlds.” — Todd Teta, chief product officer at ATTOM Data Solutions

MAR: ‘No summer slowdown this year’

The median price of a single-family home on the market in Massachusetts was up nearly 20% compared to a year ago.

More than half of Boston homes for sale face bidding wars

“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.

Another record month for Cape Cod home sales

“Sellers are responding to market demand listing their house, but inventory keeps dropping as buyer demand is at an all-time high,” — CCIAOR Ceo Ryan Castle

First American: Homesellers playing ‘musical chairs’

Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.

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