Local News

Real estate news in Atlanta

Home supply sees largest decline since pandemic’s start

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

Zoning amendment to limit off-street parking requirements for affordable housing developments

Boston Mayor Michelle Wu signed the amendment to the city’s zoning code to help streamline and remove burdens in developing affordable housing.

The Greater Boston Association of Realtors offers new 2022 member benefit

Members will have unlimited access to Lone Wolf transaction solutions.

New affordable housing for seniors coming to Hyde Park and Dorchester

The Boston Planning & Development Agency approved the two projects at its January meeting.

Boston’s cost of living expenses grew significantly over the past decade

The cost of living has risen across the nation, but some U.S. metros have experienced particularly significant increases.

Mortgage applications, interest rates rise first week of January

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

Developer looking to bring residential housing to vacant commercial land in West Roxbury

The project site consists of four parcels of vacant commercial space between Charles Park Road and Gardner Street.

Compass expands to New Hampshire

The company opened offices throughout Connecticut, Rhode Island and Massachusetts in 2021.

Massachusetts named best state to raise a family

WalletHub compared all 50 states across five metrics covering family fun, health and safety, education and childcare, affordability and socio-economics.

More people are moving out of Massachusetts than in

United Van Lines 45th Annual National Movers Study found the reasons behind the moves are pandemic-driven as people look to relocate to lower density areas and closer to family. 

GBAR contributes $25,000 to the Realtors Relief Foundation’s 20th Anniversary Campaign

The Greater Boston Association of Realtors has made a $25,000 contribution to the Realtors Relief Foundation’s 20th Anniversary Campaign, making them a 2021 Legacy Club supporter.

Boston Housing Scorecard: Housing starts, inventory both plummet in December

Nationally, interest rates rose as builder confidence fell.

S&P CoreLogic Case-Shiller: Boston home prices continue their climb

Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. 

Which Boston neighborhoods will be most in demand in 2022?

Boston ranked third among large U.S. cities for the highest median one-bedroom monthly rent at $2,550 in December.

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Boston Agent magazine’s top 10 local news stories

Check out the hometown stories which most interested our Boston readers.

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