Building Materials Prices See Large Increases
Building Materials Prices See Large Increases The NAHB’s Eye on Housing recently took a deep-dive into the Bureau of Labor Statistics Producer Price Index (PPI) regarding the prices of goods used as inputs to residential construction. Their data shows that overall (excluding energy) they have increased 19%. If you add in energy that rate drops […]
Long-term US mortgage rates have slipped (Sept. 16)
Long-term US mortgage rates have slipped (Sept. 16) The 30-year average sunk throughout 2020 and reached a record low of 2.65 percent at the beginning of this year. | realestate.boston.com The post Long-term US mortgage rates have slipped (Sept. 16) appeared first on Boston.com Real Estate.
Local Market Monitor’s National Economic Outlook for September 2021
Local Market Monitor’s National Economic Outlook for September 2021 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer September, 2021 The latest data on home prices show an incredible surge […]
Real estate is still Broken — Time for mass movement to fix it?
Real estate is still Broken — Time for mass movement to fix it? As a long-time real estate consumer advocate, it’s obvious that the pandemic has exposed Peak Real Estate Dysfunction and calls for change are coming from inside and… The post Real estate is still Broken — Time for mass movement to fix it? first appeared […]
Home Price Appreciation Continues to Accelerate
Home Price Appreciation Continues to Accelerate According to recent data from the Mortgage Bankers Association, home price appreciation & loan sizes continued to accelerate in Q2, 2021. The MBA says this was driven by robust housing demand that continues to outpace the supply of homes for sale. “While challenges to replenishing the housing supply will […]
Fall House Hunt: 12 must-see open houses happening this weekend (Sept. 18-19)
Fall House Hunt: 12 must-see open houses happening this weekend (Sept. 18-19) From a two-bed East Bridgewater condo priced at $ 325,900 to a five-bed contemporary Colonial in Newton for $ 3,850,000 | realestate.boston.com The post Fall House Hunt: 12 must-see open houses happening this weekend (Sept. 18-19) appeared first on Boston.com Real Estate.
Yardi Says Rent Growth is Breaking Records Nationwide
Yardi Says Rent Growth is Breaking Records Nationwide According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in July increased $ 25 to $ 1,539 (up 10.3% year-over-year). Yardi says the recovery in rents is widespread and being fueled by a return to urban cores, job growth and an increased savings […]
Room to Love: This moody dining room
Room to Love: This moody dining room The dining space adds a bit of depth without straying from a home’s “Cali cool” theme. Get more design inspiration at realestate.boston.com. The post Room to Love: This moody dining room appeared first on Boston.com Real Estate.
Demand for Pools Exploded During the Pandemic
Demand for Pools Exploded During the Pandemic The Wall Street Journal (reposted on Realtor.com) says 2020’s pandemic induced an “explosion” of swimming pools across the country. They cite data showing sales of new in-ground pools rose 24% in 2020 – which they say is historic. However, they do offer up this caveat; Homeowners without any […]
The average long-term mortgage rate has gone up (Sept. 9)
The average long-term mortgage rate has gone up (Sept. 9) The rate for a 15-year loan, a popular option for homeowners refinancing their mortgages, has also risen. Continue reading at realestate.boston.com. The post The average long-term mortgage rate has gone up (Sept. 9) appeared first on Boston.com Real Estate.