Single-families, condos, co-ops, and townhomes had a median price of $274,500, which reflects a +7.8% YOY. The median price for single-family sales was $276,900, while condos pulled $255,400.
According to Realtor, the housing boom is not slowing down yet.
The NAR (National Association of Realtors) has released earlier this week a plan with five bullets to expand down payment assistance programs, and alternative credit scoring models, plus, improve FHA loans.
If you have been planning to buy a new home this 2020, well then, despite the situation, you can still do. But should you go for it?
The average 30-year fixed-rate mortgage has hit the lowest point in 50 years!
In a recent ranking based on median listing price and median days on the market, Boston ranks as April's number one hottest housing market.
The median days on the market in Boston is 32 days, which is quick compared to other cities, but not necessarily the quickest. Where Boston really shines is this short days on market number in [...]
Late last year, analysts were betting on a break from the hot housing market, which had begun to breed concerns of instability. How long could prices really run up?
If you have been keeping up with real estate news, you would know that we are currently in the midst of a housing shortage, and that this low supply-high-demand environment is creating an interesting and expensive “seller’s market” in communities across the country. Buyers are desperate for available listings, and the combative measures of [...]
The high-end housing market is populated increasingly by buyers between the ages of 25-49
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The American housing market is expected to be flooded with nearly $40 billion as a result of the Tax Cuts and Jobs Act.
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The housing market has an impressive 2017 year, as another $2 trillion was added, bringing the collective total to $31.8 trillion, according to a recent report by a major real estate company. Home values last year increased 6.5 percent and at the fastest pace since [...]
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!
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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Homebuying excitement has faded in the wake of dropping affordability and rising mortgage rates. So what does that mean for 2017?