Trends

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The Emotional Rollercoaster Buyers Experience During Their Search for “The One”

Seventy-seven percent of buyers say they’ll know immediately when they’ve found their ideal home, according to a survey of about 2,500 Americans by BMO Harris Bank. Unfortunately, the house hunting process takes time, and not all buyers exude confidence during

Boston One of Nation’s Top 10 Construction Markets

Our new construction market, according to new data, is among the nation’s best. Through September of 2014, Boston had the No. 9 new construction market in the country. According to fresh numbers from Dodge Data & Analytics, Boston’s construction starts for

Finding Your Way Around the New Mortgage Rules

New measures from regulators promise to help ease lending standards, but are they enough? The recent announcement by federal regulators to enact an assortment of measures aimed at easing lending standards has thrown many in the mortgage industry into

Despite Increase, All-Cash Sales in MA Remain Among Lowest in Nation

Massachusetts’ balanced market remains the envy of states the nation over. All-cash sales in Massachusetts comprised just 24 percent of total home purchases in August 2014, according to the latest data from CoreLogic. Though that actually represents a 4 percentage

How the Housing Affordability Crisis Has Led to a Surge in Roommates

The share of households featuring roommates has been on a steady rise the last few years, and the cause could not be more straightforward. Housing affordability is a common topic of coverage here at Chicago Agent, and for good reason

The One Thing Stopping Millennials From Becoming Homeowners

Why are Millennials not buying homes? The answer is far simpler than you may suspect. There are some lofty explanations out there for why Millennials are staying on the real estate sidelines, but new research from Moody’s Analytics has

What Homes Do Consumers Want to Buy? 5 Important Trends

There are many types of homes for sale on any given day, but what trends are consumers gravitating towards? Tall, short, skinny, fat, new, old, historic, modern, urban, rural – the possibilities are endless when it comes to the

3 Reasons Why Obama’s Plan for Net Neutrality Matters For Your Business

President Obama came out in support of net neutrality this week, and his proposals could be instrumental in protecting the Internet – and your business. Advocates for net neutrality received a huge vote of confidence this week from President

How Housing Affordability is Worsening in Boston

In case you were wondering, our housing market continues to get less affordable, not more. In the last year and a half, housing affordability in America has dramatically fallen, and our local metro is no exception. We recently reported that NAR’s Housing

The Jobs Report: 3 Good Things and 3 Bad Things for Housing

The messages for housing were mixed in the BLS’ new report on the jobs market. The Bureau of Labor Statistics released the October jobs report earlier today, and it’s a doozy, with a multitude of numbers on the nation’s

5 Important Homebuyer Trends That You Should Know

With our first story in our “NAR Profile” series, we take a look at important homebuyer trends of the last year. Every year, Christmas comes several weeks early for housing analysts in the form of NAR’s “Profile of Home

3 Very Surprising Graphs on How New Construction Has Shifted Towards Affluence

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Boston Asking Prices Remain Positive in October

Though prices have shown signs of a slowdown at 2014 draws to a close, they’ve remained in positive territory. Though asking prices nationwide have shown some signs of a slowdown, they remained in confidently positive territory through October, according

Where Have All the First-Time Buyers Gone? 6 Explanations For the Decline

The market share for first-time homebuyers just keeps falling; what could be behind the fall? First-time homebuyers in 2014 have made up just 33 percent of primary residence purchases, according to new numbers out this week from the National

CoreLogic: Home Price Gains Slow, Particularly Luxury

Home prices continue climbing towards a healthy balance, but leave luxury properties behind. As has been the trend all year, home prices continued rising in September, according to a new report from CoreLogic. However, despite gains, the rapidity of

Sellers Ignore Market, Want More Money

Sellers are ignoring market realities for the hope of more money. In 2014, the real estate market has been an incubator, slowly coaxing the ailing industry back into full health. However, despite the considerable gains, especially to home prices

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