In Boston, 54% of Redfin offers faced competition in August.

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

NAR and the National Forest Foundation (NFF) plan to plant 1.575 million new trees by the end of 2025, thanks to a $1.575 million donation from NAR. That many trees will reduce 750,000 metric tons of carbon in the atmosphere — the equivalent of 145,931 homes’ yearly electricity use.

The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and informative experience for all clients, regardless of their English proficiency.

Two economists expressed concerns about the real estate industry in the wake of the Fed’s decision to raise interest rates by three-quarters of a percent. 

The promotions follow the hiring of the company’s new director of operational excellence and the company’s first CFO.

The property was designated a landmark in July of 2021 and sits at what is believed to be the location of the former Shirley-Eustis House.

Over the summer homebuyers and sellers alike took a big step back amid rising interest rates and recession fears.

Rising interest rates, inventory issues and inflation concerns contributed to the drop.

Enter the Upside Down… in Fayetteville, Ga! The famous Byers home from “Stranger Things” is officially on the market.

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

A continuing combination of increased interest rates, supply-chain disruptions and high home prices has sapped homebuilder sentiment every month this year. 

The Boston Planning & Development Agency approved the project at its September meeting.

The housing market is starting to become more balanced.