Local News
Real estate news in Atlanta
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.
Banosian has funded $2 billion in total loan volume this year, becoming the company’s first loan originator to reach that milestone.
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.
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.
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.
Single-family home and condo sales in the Bay State dropped significantly in October, as median prices continued to climb.
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.
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.
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.
The project is the first to comply with the Boston Planning & Development Agency’s Affirmatively Furthering Fair Housing requirements.
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.
A recent Cape Cod property sale set a record as one of the highest property sales in Massachusetts this year.
City officials have implemented an updated zoning measure to prepare new and retrofitted development for future climate risks.
Atlanta’s Rodney Mason, who serves as vice president of mortgage lending with Guaranteed Rate, was named treasurer of the nonprofit, while Anita Blue, who works as an agent and credit restoration consultant at Cap Tex Realty, was named national vice president.
The former Midtown Hotel will soon be replaced with a 10-story project bringing more than 300 housing units to Huntington Avenue.
The average American home buyer is 45 years old, married or partnered, college-educated and likely to purchase a home located in the South, according to Zillow’s 2021 Consumer Housing Trends Report. Individuals ages 30-39 make up the largest population
