Riding the Trillion-Dollar Real Estate Recovery Roller Coaster.
With an increase in employment opportunities, consumers are becoming more optimistic about the economy. In turn, this improves the housing market. Fannie Mae’s February 2015 Housing Survey™ showed an all time high of 47 percent of people think that the economy is headed in the right
While many people believe that the different seasons affect real estate in Boston, a new analysis from
In a study conducted by WalletHub, Boston has been ranked the healthiest home market in the U.S. Based on Census data and the American Housing Survey, these figures compared the 25 largest metropolitan areas in the United States, with the Massachusetts capital taking the top spot. The survey was established upon the following 7 [...]
The 2016 housing market is predicted to be a seller’s market. So what does that mean for buyers this year?
Well, if you’re looking to purchase a home this year, you can expect increased prices, low supply and fierce competition. So, above all it’s important to keep an open mind and move quickly when you find a good match. Here are the top 3 key tips for buyers looking for a home this year...
The U.S. housing market continues to rebound with single-family homes inching up 7.2 percent, the highest level since November 2007. In February, builders started production on 1,178,000 homes, a 5.2 percent increase over January and a 30.9 percent increase from February 2015. Single-family home completions also increased, rising 6.1 percent to 736,000 annualized rate, the highest since November 2008.
More millennials age 24-34 live with their moms than at any time in the last decade. In the U.S., 21 percent of 24-34 year olds live with their moms, a number that?s been steadily increasing since 2005, when just 13 percent lived with their moms.
With the summer season ramping up, it’s a good time to take a look at the vacation-home market. The NAR reported lower vacation-home sales in 2015, despite the fact that the numbers were the second highest in about 10 years. There were approximately 920,000 vacation-home sales nationally compared to 1.13 million in 2014.
The latest national index is further proof that the U.S. housing market is moving further into buying territory. Based on numbers from the end of the first quarter and the recent study that home prices nationally increased 5.4%, the housing market seems to be relatively sound.
Homes that were foreclosed during the housing crisis have gained almost twice as much value as other homes. Unfortunately, the original owners of those homes are not benefiting from that recovery.
Since low-end homes were much more likely to be foreclosed, the housing crisis worsened the gap between rich and poor in the U.S.
Homebuying excitement has faded in the wake of dropping affordability and rising mortgage rates. So what does that mean for 2017?
European, New Zealand, Chinese, and Canadian housing markets are finally surging after years of being in a slump. The international market is growing faster than the United States where the market has been hot. Investors seem to be sticking to equities that invest in the U.S. residential market at a time [...]
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In the 2015 American Consumer Survey by the U.S. Census Bureau, Massachusetts was found to be the second most valuable state to buy a home in. Why’s that? Location, location, location!
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