News / Features
The fall slump hasn’t hurt the market’s strength, as home prices across the country continued to climb in October, CoreLogic reported. The coupling of a healing economy and spotty but persistent inventory shortages are largely to thank (or blame,
Spending per dollar of equity is at its lowest level since the mid ’90s. Home equity has doubled to $12.1 trillion since the market bottomed out in 2011. Builder confidence has remained strong, despite a small, recent slip. New home
There are roughly 1.118 million members of the National Association of Realtors, and they strike an impressive profile: Realtors’ median experience level is 12 years; their gross income is $45,800; 58 percent are female; and 42 percent have at
2015 has been a great year for new construction in Boston Residential construction spending in the Boston housing market totaled $362 million in October, a 10 percent decline from Oct. 2014, according to new numbers from Dodge Data & Analytics. Despite that drop, 2015
According to the National Association of Realtors, pending home sales were mostly unchanged in October, but shifted marginally higher after two straight months of declines. Gains in the Northeast and West were offset by declines in the Midwest and
Why do some consumers buy new homes, while others buy existing homes? NAR’s 2015 Profile of Home Buyers and Sellers provided the answer, and in our continuing coverage of NAR’s report, we’ve assembled the following graph on the topic:
Effective Jan. 1, the Federal Reserve will not be allowed to bail out failing companies. Members of the Fed board voted 5 to 0 in favor of restricting the policy. The new policy will restrict the Fed from lending to individual firms,
New home sales are hot, but what are the larger market trends? Sales of new single-family houses rose 10.7 percent from September to October and 4.9 percent from Oct. 2014 to a seasonally adjusted annual rate of 495,000, according
Why did U.S. consumers decide to buy homes in 2015? That question was one of many that NAR’s 2015 Profile of Home Buyers and Sellers tackled, and the results were many and varied – especially when the consumers’ disposition
Many potential avenues cited to help alleviate costs The Greater Boston Housing Report Card 2015 was released last week, the news was not good. The report called the situation in Boston “fundamentally unmanageable,” thanks to high development costs and strong
How have home prices progressed in the 2015 housing market? Home prices in the Boston housing market rose 0.1 percent from August to September and 4.8 percent from Sept. 2014, according to the new Case-Shiller Home Price Indices from Standard &
The ins and outs of buyer traffic around the holidays It has been long been considered common knowledge that the buying craze of Black Friday does not extend to real estate, thanks to a lack of large savings for homes
According to Google Maps data, Boston is one of the worst cities in the country for Thanksgiving travel. Out of 21 cities that Google investigated, Boston came in at No. 17, with long-time traffic haven Los Angeles on top.
High development costs and restrictive zoning plague Boston Affordability has been a reoccurring problem in the Greater Boston area thanks to a population boom, especially among young professionals. The influx of people has vastly outpaced the amount of new
We’re approaching two months since the implementation of TRID, and after a string of weeks that saw declining originations, mortgage applications were back up in the week ending Nov. 13, according to the Mortgage Bankers Association. In the two
Homes sales were down in October, but the overall picture remains a very positive one for housing Existing-home sales declined 3.4 percent from September to October to a seasonally adjusted annual rate of 5.36 million, according to the latest report