News / Features

Drexel Village to transform Nubian Square’s Crescent Parcel into affordable housing, open space

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.

How was October 2021 for Realtors?

The new REALTORS® Confidence Index survey is here, and thousands of Realtors have weighed in to reveal the current shape of the housing market.

Second-home demand up 70% from pre-pandemic levels

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.

NAR: Existing-home sales rise again in October

The U.S. housing market kept firing on all cylinders, as the demand for residential real estate drove prices higher for the 116th month in a row, marking the longest streak on record.

NAR Board of Directors meeting reveals statistics about member dues, operations

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.

Could the Boston housing market normalize in 2022?

It’s been a crazy year for real estate with bidding wars, record home prices and historically low inventory, but that may all come to an end in 2022.

Massachusetts single-family home sales plummet in October

Single-family home and condo sales in the Bay State dropped significantly in October, as median prices continued to climb.

Guaranteed Rate announces executive leadership changes

Company officials say the organizational changes will support the company’s record-setting growth.

Millionaire German shepherd to sell Miami mansion formerly owned by Madonna

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.

NAHB: Builder confidence continues to rise in November despite supply issues

November’s reading of 83 was up three points from October, driven by low existing inventories and strong buyer demand, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

@properties goes global with purchase of Christie’s International Real Estate

@properties is continuing its expansion strategy on an international scale, announcing today its plan to purchase Christie’s International Real Estate.

Supply chain woes hamper housing starts in October

Housing observers noted that demand for housing remains robust despite the lack of new supply.

NAR announces new MLS guidelines for increased transparency

The National Association of Realtors® announced new, pro-consumer changes to its guidance for local Multiple Listing Service broker marketplaces.

Beacon Street project to bring housing for Boston Children’s Hospital patient-families

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.

Home values hit new highs as pandemic leaves many homeowners equity rich

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. 

Former Alexandra Hotel condominium project approved

The project is the first to comply with the Boston Planning & Development Agency’s Affirmatively Furthering Fair Housing requirements.

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