Local News

Real estate news in Atlanta

Home equity is keeping delinquencies at bay . . . for now

Home price and equity growth in the months leading up to the pandemic have helped to delay the impact of the recession on the mortgage market, although the effects are expected to continue to unfold over the next year.

How to use TikTok to market real estate

A real estate marketing guru and Tik Tok aficionado gives the inside scoop on the increasingly popular social network.

Massachusetts Association of Realtors: ‘Our members are adapting’ as they look toward the future

The Massachusetts Association of Realtors reports single-family homes and condos increased in price in April, but slumping sales continued.

In Boston, ‘normal’ is the new normal

CoreLogic reports home price acceleration continued in April, but — in a shift away from other industry predictions — expects the first decline in values to begin in 2021

Lawsuit challenges statewide eviction and foreclosure moratorium

The emergency petition filed by two rental building owners claims the act violates the Massachusetts constitution.

Boston homes named 14th most at-risk for storm surge in 2020

A new report from CoreLogic warns of increased hurricane risk this season, compounded by coronavirus-related weaknesses

Boston has fifth lowest number of zombie foreclosures in the nation

A new ATTOM report reveals that zombie foreclosures declined in the second quarter of 2020, likely a result of the temporary foreclosure moratorium on federally backed loans.

Pending home sales in the Northeast dive at around twice the national rate

NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon.

Rent increases down in Boston in April

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

Boston named hottest city for bidding wars

Good news for sellers: Homes on the market under $1 million are receiving multiple offers in desirable cities.

Existing-home sales drop 17.8% in April, but first-timers are coming back

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers.

Lenders expect recovery to pick up steam by end of 2020

Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.

Cape Cod home sales down, but interest returning through online searches

Barnstable County home sales took a hit in April along with the rest of the country, but interest remains high.

Builder confidence rose nationally in May, but still down in the Northwest

Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.

Redfin: Over half of big-city dwellers working from home want out

More than half of those working remotely said they would leave the city if they didn’t have to go into an office.

Buyer demand remains strong despite pandemic, says new report

RE/MAX’s recently released National Housing Report points to resiliency of market amidst coronavirus and economic concerns.

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