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Real estate news in Atlanta
“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.”
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.
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.
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.
It enables interested parties to conduct a quick search for all projects appealing a decision before the Zoning Board of Appeal.
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.
The budget difference between locals and migrants is the 23rd highest in the nation, according to the report.
Chris and Ryan Raveis are moving up the the Swanepoel Power 200 list. See where they ranked this year.
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.
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.
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.
See which metro cities experienced rent increases over the last 12 months.
The report analyzed all sales in the Boston metro area between 2009 and 2019 and calculated the median sales price for each neighborhood.
Want to know what’s happening in the Boston market? Click here for the full housing scorecard to see your local numbers!
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.
“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
