Trends

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Census Bureau: Residential Construction Flat in July

Residential construction was basically flat in July, though it remains ahead of 2013’s pace. Residential construction spending through July was at a seasonally adjust annual rate of $358.1 billion, a 0.7 percent increase from June, according to the latest

Negative Equity Heavily Concentrated in Lower Price Points

Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. #471456425 / gettyimages.com Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X

Residential Construction Remains Weak in Boston in July

Construction spending has been up and down in Chicagoland in 2014, but it bounced back in a major way in July. Residential construction spending in the Boston area totaled $439 million in July 2014, down 1 percent from last year, according

July Pending Home Sales Offer Pleasant Surprise

Pending home sales rose for the fourth time in five months, according to the National Association of Realtors. Pending home sales rebounded in July, rising 3.3 percent from June according to the latest data from the National Association of

The Limitations of $1 Million in International Real Estate

$1 million sure goes much farther in our local housing market! In our housing market, as well as scores of others across the U.S., $1 million is a hefty sum of money, one that awards potential homebuyers a myriad

Generation X Still Racked by Underwater Mortgages

Though the U.S. has cleared through millions of underwater mortgages, a shocking number of Gen X mortgage holders are still underwater. #115181433 / gettyimages.com Seventeen percent of the nation’s homeowners – aka 8.7 million – are still underwater on

Housing Affordability Returning to Earth

Housing affordability has been one of the key marketing tools in an agent’s arsenal, but that could be changing soon. #200336957-001 / gettyimages.com During housing’s down years, agents had a couple of marvelous talking points to use with potential homebuyers

3 Easy Steps To Help Maximize Your Social Media Presence

Social media is quickly becoming the preferred marketing method for many, and with good reason. Here are 3 steps to help you boost its effectiveness. #150415588 / gettyimages.com In the past several years, the influence of the Internet has grown

5 Points to Help Explain Dwindling Homeownership Rates in Young Professionals

Homeownership rates in young adults have been dwindling, and Fannie Mae takes a stab at explaining why. #151910629 / gettyimages.com Homeownership is on the decline. And though it is a trickling decline and might, at some point in the future,

The 4 Angles of Today’s New Home Sales Report

New home sales were down monthly and up yearly, but the story is so much deeper than that. #160457704 / gettyimages.com By now you’ve surely seen the headlines – though new home sales in July were up 12.3 percent

The Secret Life of Existing-Home Sales

July’s existing-home sales data looked pretty positive, but scratching beneath the surface reveals a different perspective. #76038116 / gettyimages.com It all seems so nice – in July, existing-home sales rose 2.4 percent from June to a seasonally adjusted annual rate

Builder Confidence Jumps to Highest Mark Since January

Despite numbers that would imply the contrary, homebuilder confidence continued to increase this month. #82355278 / gettyimages.com Builders were a mighty confident bunch this month, with the NAHB’s Housing Market Index, the industry’s leading measure of homebuilder confidence, rising

Existing-Home Sales Pace Hits Its Stride, Reaches 2014 Peak

NAR’s new existing home-sales report shows the sales pace quickening, inventory rising and distressed sales falling. #180585625 / gettyimages.com As summer temperatures hit their peak in July, so did existing-home sales, which, as the National Association of Realtors today

The Secret Reason Why Housing Hasn’t Fully Recovered Yet

New survey data has uncovered the secret reason for why housing has yet to fully recover – though admittedly, it’s a pretty straightforward explanation. #144553105 / gettyimages.com Interest rates remain at historic lows. Home price gains have moderated, and

Immigrants to Play Huge Role in Future Housing Market

Immigrants already play a large role in housing, but that role will only grow more pronounced in the coming years. #118977667 / gettyimages.com Here’s an eye-opening stat for you – from 2010 to 2020, immigrants in the U.S. will

Housing Starts, Driven by Multifamily Sector, Exceed Expectations in July

With a strong multifamily sector driving activity, housing construction put up some fantastic numbers in July. #162749020 / gettyimages.com The homebuilding sector exceeded expectations in July, with housing starts soaring to a seasonally adjusted annual rate of 1.093 million, according

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