Local News

Real estate news in Atlanta

Boston among the few major markets with declining rents

“In the final months of 2020, single-family rents posted the highest increases in over four years,” said Molly Boesel, principal economist at CoreLogic. “However, single-family rent price reaction to the pandemic and resulting recession differed greatly across metros.”

Boston named 10th priciest metro for homebuyers in 2020

The report added that vacation homes and affordable homes in small towns near major urban centers were in strong demand as a result of the pandemic.

CoreLogic: December home prices rise at fastest rate since 2014

  Affordability is fast becoming a concern in Boston and other housing markets as home prices soar amidst a continuing supply shortage spurred by low interest rates, according to the most recent edition of the CoreLogic Home Pricing Index. 

Waiting to buy in Boston could mean higher mortgage payments

Fence-sitters thinking of buying a home beware, says a new study from Zillow, which notes that waiting could mean a much higher mortgage payment down the road.

New city portal tracks zoning appeals projects

It enables interested parties to conduct a quick search for all projects appealing a decision before the Zoning Board of Appeal.

Gibson Sotheby’s International reports $2.9B in 2020 sales

That’s up 16% from the previous year making the company one of a handful of independent brokerages to make such an accomplishment in 2020.

First-time Boston homebuyers face bidding wars from wealthy out-of-towners

The budget difference between locals and migrants is the 23rd highest in the nation, according to the report.

Swanepoel names Ryan and Chris Raveis among most powerful real estate leaders

Chris and Ryan Raveis are moving up the the Swanepoel Power 200 list. See where they ranked this year.

Budget bill eases zoning restrictions to spur development

MAR also successfully urged Baker to veto “Right of First Refusal” portion of the bill, which would allow tenants of a building to have the first option to purchase the property.

Apartment construction is booming in this Boston suburb

The flight to the suburbs has become a growing preference for buyers, but renters are also finding respite in the outskirts of larger metro areas. That could help continue to drive new construction of apartments in suburbs across the country, according to a new report from Rent Cafe.

Sales price up 10% in Boston

The decline of home mortgage interest rates is continuing to fuel homebuying demand in December, pushing the median home-sale price up 13% nationwide to $334,300, according to a new report from online broker Redfin.

Boston rents down in 2020

See which metro cities experienced rent increases over the last 12 months.

Million-dollar median homes by 2030 in Boston?

The report analyzed all sales in the Boston metro area between 2009 and 2019 and calculated the median sales price for each neighborhood.

Introducing Boston Agent’s Housing Scorecard

Want to know what’s happening in the Boston market? Click here for the full housing scorecard to see your local numbers!

New listings below 50% in Boston — homes selling faster

The number of homes for sale nationwide dropped below 700,000 in December, hitting an all-time low, while home prices were up double-digits over the year prior, according to realtor.com’s Monthly Housing Trends Report.

MAR: Expect an ‘energized’ market by spring

“The continued uptick in activity is largely due to the delayed start in the spring, a shortage of inventory and extremely low-interest rates,” 2020 MAR President Kurt Thompso

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