News / Features
The gap between sales and construction reached a record high in 2020, which likely means a slowing down in sales and growth in construction in 2021, according to a year-end report by the National Association of Home Builders.
It’s the oldest log cabin in North America still standing on its original site.
See who got the most attention in our Who’s Who profiles this year.
“We want to address the barriers that prevent people from living in their desired communities as they age, and I know this relationship with NAR will help us better accomplish that goal.”
Sales in November are still 25.8% higher year over year.
Inventory also reached its lowest point in the report’s history, down 31.8% from the same time last year and down 13.3% from October.
The so-called “Old Burris Home” in Lincoln, North Carolina, was originally owned by the owner of Burris Industries (furniture manufacturer) and served as an entertainment hot spot for celebrities such as baseball legend Mickey Mantle.
We spoke with some of the biggest names in Boston real estate to get their take on 2021.
“Nothing sells like a shortage. We have underbuilt new housing relative to demand for a decade. Building will have to exceed household formation for a number of years to reduce the housing stock ‘debt’ we have accumulated.” — First American Deputy Chief Economist Odeta Kushi
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
This quaint home in the rural town of Delavan, Illinois, might seem like your average ranch-style home at first glance, but that’s until you dig a little deeper.
“Much of what makes walkable neighborhoods so desirable and valuable has been diminished this year.” — Redfin chief economist Daryl Fairweather
A panel of experts surveyed by the National Association of Realtors predicted that 2021 will bring a post-pandemic economic rebound, while housing prices are expected to climb.
A new report from Homes.com shows that prospective homebuyers are still waiting to see if they will work from home permanently.
