
The average 30-year fixed-rate mortgage has hit the lowest point in 50 years!

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?

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.

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.

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.

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.