Cities are alive and well for home buyers. US housing prices rose at essentially the same rate in urban and suburban areas last year, jumping 8.8 percent and 8.7 percent respectively, according to an analysis Zillow released Thursday. The data complicate the narrative that workers are fleeing urban areas for the suburbs or even “Zoom […]
Boston metro area has 11 ‘million-dollar cities’ according to Zillow
Boston has ranked fifth among some of the largest US metropolitan areas with 11 “Million-dollar cities,” according to an analysis Zillow released Monday. Between demographic trends and the effects of the coronavirus pandemic, 2020 brought a surge in the market, and Zillow announced that there are now 45 more US cities with a typical home value of at least $1 million than there […]
What’s next for housing in 2021?
As we look ahead to 2021, we remember that this year, the housing market has continued to remain a bright spot in the economy, even as other areas continue to struggle amid stay-at-home orders and economic shutdowns. COVID-19 threw the economy for a loop in 2020. In fact, this year seemed to prove anything is […]