2021 was a wild year for real estate and Boston Agent covered it all, from COVID-era protections and court rulings to charting changes within large national firms. Take a look at which national stories from the year generated the most interest with our readers.
Even as the real estate market is showing signs of cooling and more sellers are dropping asking prices, median home prices increased by double digits from last year.
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.
Coldwell Banker Realty has announced Jill Courville has been named regional vice president of the company’s South Shore and Rhode Island region.
Should you wait until spring to put your home on the market? A recent Realtor.com report says, not necessarily.
The supply of affordable homes on the market rose a record 13% in the third quarter as mortgage forbearance programs ended, prompting low-cost homeowners to put their properties on the market.
During the four-week period ended July 11, the average weekly share of homes for sale with a price drop passed 4% for the first time since September 2020.
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.
The news that Zillow is purchasing ShowingTime for $500 million sent shockwaves through the residential real estate industry in February. See what readers had to say in our latest survey.
Forty-three percent of respondents to the first-quarter Zillow Home Price Expectations survey expect inventory to improve in the second half of the year, followed by 26% who expect it in the first half of 2022.
Expect a stable housing market over the next five years — despite the expiration of COVID-era protections — says a new Zillow report.
Boston.com has a good list of the top Boston business stories in 2012.
Though it’s unclear if they’re ranking them in terms of importance (and we assume they’re not, since “Safety practices at Walmart contractors” can’t possibly be No. 1, nor Amazon’s decision to collect state sales taxes, as important as that may be), two housing-related developments rightly made the list: The local spike in home sales and the boom in apartment-building construction in 2012.
Since the housing market’s collapse was ultimately the cause of the recent financial crisis and subsequent deep recession, any positive or negative developments in housing were bound to be big news in 2012.
Of course, the entire list is rendered silly and moot if it turns out the Mayans were right about the end of the world on Dec. 21. That would clearly be the No. 1 story of 2012, in our humble opinion.
File under: Biggest Stories
P.S. – One other minor point: The growth of the Seaport District should have been included on the list. Sure, the district’s s been growing over the past decade. But this is really the year when everyone woke up and basically realized that an entirely new neighborhood is being developed in Boston. There’s an historic business and residential migration going on in the city. That’s big news — this year, last year, next year, and for the foreseeable future.
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