150 Years of Oil-Price History in One Chart The oil market has been making big news recently at demand for gasoline has dried up as a result of the Coronavirus pandemic. Oil is one of those closely-watched commodities that, with the slightest move up or down, affects economies around the globe. As reported by MarketWatch, […]
Zillow Sees Increased Online Home Shopping Activity Zillow says that after experiencing a mid-march decline in searches as the pandemic rolled into full effect, they are now reporting renewed interest in home searching as they say Americans have adapted to a temporary normal. Interestingly, not only did the number of home searches see an uptick
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In Boston area, more single women are snapping up homes than single men More single women nationwide have been chipping away at the idea that home buying is more feasible for couples. The post In Boston area, more single women are snapping up homes than single men appeared first on Boston.com Real Estate.
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Mortgage Delinquencies See First-Ever March Increase Black Knight is reporting that mortgage delinquencies saw their first-ever March increase resulting from the Coronavirus pandemic early impact. In addition, they report that both the national foreclosure and 90-day delinquency rates set new record lows in March – which they say is a lingering reminder of the market’s
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How do people really feel about virtual home tours? In a National Association of Realtors survey, 48 percent of buyers ages 39 to 63 said virtual tours were a “very useful” tool in their search. The post How do people really feel about virtual home tours? appeared first on Boston.com Real Estate.
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Existing Home Sales Down 8.5% in March, Still Up Year-Over-Year The National Association of Realtors is reporting that existing home sales were down 8.5% in March. However existing home sales were up 0.8% year-over-year. Total housing inventory at the end of January was 1.50 million units, up 2.7% from February and down 10.2% from one
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US long-term mortgage rates edge higher Mortgage rates have stabilized in the last few weeks as the market searches for direction and clues in the latest economic data. | realestate.boston.com The post US long-term mortgage rates edge higher appeared first on Boston.com Real Estate.
Home Prices Could Hold Steady Despite Coronavirus While home sales have slowed dramatically since last month, CNBC’s Diana Olick said that despite the Coronavirus pandemic, home prices could hold steady. The discussion was part of a discussion about home sales on Squawk Box where they also pointed out that previously “hot” home prices may not
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New-home sales dropped 41.5% in the Northeast The sale of new homes in the United States declined by the most since July 2013. The post New-home sales dropped 41.5% in the Northeast appeared first on Boston.com Real Estate.
Breaking Down of Rent There is a lot of misinformation out there about landlords and profit margins from their investments. Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $ 1 of rent really goes. Indeed……Stay safe & healthy and have