Real estate news in South Florida
In what’s been a historic, frantic market, homes selling for large sums over list prices have risen sharply since January.
Sales activity in Massachusetts’ single-family housing market fell in July, even as the median sales price remained over $500,000.
Boston area residents looking to leave the city for the suburbs will have a new option as Northland Residential kicks off development of a new 55-plus community in Milton.
Single-family and condo sales both grew month over month, but also saw decreases in volume as the market shows signs of relaxing.
Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.
The fintech company has hired three new vice presidents of user design and experience, engineering and marketing.
Developers are hoping to redevelop a five-story apartment building on Huntington Avenue into a 19-story building with 153 units.
The Boston Planning & Development Agency has approved five new transit-oriented projects that will bring more than 500 residences to four city neighborhoods.
Meanwhile, pending home sales and housing starts dropped from a year ago, according to Boston Agent’s July Housing Scorecard.
The boost in market activity and prices continues to be driven by millennial buyer demand, the search for more living space, a healthier job market and lower mortgage rates.