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Real estate news in Atlanta
Downsizing from a four-bedroom home to a two-bedroom home in the Boston area would save the typical homeowner nearly $275,000.
The recent sale of a luxury condo in Boston’s South End set a new record for the neighborhood.
The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.
The median age of inventory in Boston is 38 days, down from 47 before the pandemic began.
A newly constructed luxury residence at 212 Stuart St. is open to residents.
Mayor Wu releases report that includes a relaunch of BPDA’s PLAN: Downtown.
The Bay State also came out top when it comes to road safety.
In Boston, home prices posted an 11.4% year-over-year gain in August, compared to a 1.3% gain in July. Month over month, prices fell 1.2%.
Last month had the fewest number of single-family sales in the month of September since 2014.
Economic uncertainties continue to impact the Bay State housing market, as affordability challenges once again priced out buyers in September.
It can currently take up to 337 days to approve affordable housing; Wu hopes to reduce that time by half.
More than a dozen Massachusetts communities were named to Wallet Hub’s 2022 Best Small Cities in America list. Three of those towns ranked in the top 10.
Two Bay State communities made the publication’s list of 50 Best Places to Live in the U.S.
The Massachusetts House of Representatives advanced the bill, which was filed as a home rule petition by Mayor Michelle Wu in February to be used to create and preserve affordable housing in the city.
The Boston Planning & Development Agency approved the projects at its September meeting.
In Boston, 54% of Redfin offers faced competition in August.
