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Real estate news in Atlanta
Homeowners nationwide enjoyed a more than 8% increase in home prices over the last 12 months ending in November, making it the largest year-over-year increase since March 2014, according to the CoreLogic Home Price Index.
You can’t start the new year without understanding what happened this year. Get a head start on your 2021 competition by reading the top viewed stories from 2020.
These are the agents who shared a little more about themselves with us in 2020 in our popular Agent Snapshot feature.
See who got the most attention in our Who’s Who profiles this year.
We spoke with some of the biggest names in Boston real estate to get their take on 2021.
More than half of Redfin listings (54%) experienced bidding wars in November, down only 4 percentage points from the previous month, according to the online broker’s new report.
The flight of homeowners from large urban centers to the suburbs has unexpectedly begun to reshape residential real estate, but luxury property in large cities have also gotten a boost from the hot market.
Those who achieve the designation must have 40 years of membership and a year of service at the national association level
“Much of what makes walkable neighborhoods so desirable and valuable has been diminished this year.” — Redfin chief economist Daryl Fairweather
The report noted that the populations of large cities have declined the most during the pandemic.
What’s happening with the Brookline estate now?
Home construction continued to surge across the nation, which reflected the projection that new homes will help moderate price growth over the next 12 months.
“Home sales are still booming in Massachusetts.” — MAR President Kurt Thompson
“In fact, we may be looking at one of the best buying opportunities in Boston since the last recession.” — GBAR President Jason Gell
Four top ranking most expensive zip codes belong to Massachusetts, with zips in Nantucket, Wellesley Hills, Beacon Hill, and Weston.
MAR recently published an update on its legislative initiatives and noted that it is advocating on a number of budget amendments, several of which aim to impose sales taxes on homes.
