Real estate news in Chicagoland
The pace of home sales has quickened this spring and it’s not just the highly sought-after entry-level home enjoying the brisk sales pace.
Housing records continue to be broken, but despite the strong numbers, data could indicate homebuyer demand is reaching a peak.
The number of sales, as well as the price of single-family homes and condos, continued to rise in the Boston area last month.
Massachusetts home and condo sales hit new records in April and for the first time, the median single-family home price surpassed $500,000.
Former Daniel Gale Sotheby’s International Realty COO Deborah Hauser has joined the real estate advisory and investment firm.
Boston was the leader in the northeast region for the largest share of equity-rich homes.
These included 79.7% of the offers in Boston, a bump from the 74.8% rate this past March and leap from the 56.3% rate in April 2020.
Realtor.com’s analysis of how quickly homes sell and which city’s listings were viewed the most on its site helped determine the hottest real estate markets for the month of April.
The first quarter of 2021 brought home price gains in virtually every market, according to the National Association of Realtors.
Two more residential buildings, Overlook North and Overlook West, are slated to open this summer.