Local News

Real estate news in Atlanta

Massachusetts single-family listings fell 19% in October

Inventory constraints are pushing some potential buyers to rent, increasing competition and rent prices.

Boston home values rose 15.5% in October

While the housing market may be hotter than usual, the shift toward seasonal norms is starting to show and could benefit both buyers and renters. 

Redfin: Homebuying demand reaches all-time high

The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market. 

Coldwell Banker survey gauges importance of homeownership among Americans

As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.

NAR Travel Club to provide travel discounts to members

The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club.

Miami No. 1 relocation destination among New Yorkers

As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.

Guaranteed Rate’s Shant Banosian funds $2 billion in loan volume

Banosian has funded $2 billion in total loan volume this year, becoming the company’s first loan originator to reach that milestone.

Drexel Village to transform Nubian Square’s Crescent Parcel into affordable housing, open space

Five years after it launched a planning initiative for Roxbury’s Nubian Square neighborhood, the BPDA voted to tentatively designate Drexel Village, LLC to develop the Crescent Parcel owned by the agency and MassDOT.

Second-home demand up 70% from pre-pandemic levels

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

NAR Board of Directors meeting reveals statistics about member dues, operations

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

Massachusetts single-family home sales plummet in October

Single-family home and condo sales in the Bay State dropped significantly in October, as median prices continued to climb.

Millionaire German shepherd to sell Miami mansion formerly owned by Madonna

The world’s wealthiest dog is about to get a little richer. Worth nearly half a billion dollars, the German shepherd named Gunther VI recently listed the former Miami estate of Madonna for $31.75 million, according to a press release.

Beacon Street project to bring housing for Boston Children’s Hospital patient-families

The 819 Beacon St. project will create 393 rental units, including 59 on-site affordable units and 53 institutional patient-family housing units in partnership with Boston Children’s Hospital.

Home values hit new highs as pandemic leaves many homeowners equity rich

Boston led the Northeast with its percentage of mortgaged properties categorized as equity rich in the third quarter. The Bay State also had two counties with the highest share of equity-rich properties. 

Former Alexandra Hotel condominium project approved

The project is the first to comply with the Boston Planning & Development Agency’s Affirmatively Furthering Fair Housing requirements.

Boston is the second priciest zip code in the United States

PropertyShark’s annual ranking of the 100 priciest zip codes in the U.S. ranked communities by closed home sales between Jan. 1 and Oct. 22.

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