Hundreds of U.S. cities now have starter homes that cost $1 million, Zillow finds

The Three Ways Government Drives Up Housing Costs

Five years ago, about eighty American cities had an average starter-home price of 1 million. Today, it’s 242 cities. A starter home runs seven figures in three times as many places today as it did before the pandemic. Zillow published the count recently. Half the states now have at least one million-dollar starter home city. []

Landlord loses UES grocery condo to foreclosure

Despite grocery-anchored retail properties’ increasing popularity, some owners are still losing buildings to lenders. Through an affiliate, lender MetLife took back the keys at 188 East 64th Street on the Upper East Side through a deed in lieu of foreclosure, Crain’s reported. Real estate firm Gateside Corporation gave up both two units in the deal, a commercial condominium and a parking garage. The deal valued the two units — located at The Royale luxury condo complex — at 44.1 million. The property is also addressed at 1066 Third Avenue. It’s unclear what sparked the foreclosure proceedings; MetLife declined to comment []This article originally appeared on The Real Deal. Click here to read the full story.

Recent homes sales in Greater Boston (June 24)

ABINGTON 260 Walnut St. One-family bngl/cottage, built in 1900, 1,295 square feet, 6 rooms, 2 bedrooms, 2 baths, on 35,265-square-foot lot. 572,000 138 Randolph St. One-family conventional, built in 1880, 1,588 square feet, 7 rooms, 3 bedrooms, 1 bath, on 8,700-square-foot lot. 525,000 327 Spruce St. One-family ranch, built in 1964, 1,348 square feet, 7 [] The post Recent homes sales in Greater Boston (June 24) appeared first on Boston.com.

KB Home Q2 Review: Muted Housing Market Unlikely To Recover Soon

KB Home Q2 Review: Muted Housing Market Unlikely To Recover Soon

Aaron Amitin of Good Company: 5 Questions

It’s been roughly a year and a half since the Domain Companies launched Good Company, what the developer describes as a “one-stop shop” for leasing, marketing and management services. And while Good Company largely serves Domain’s own New York City housing portfolio — which comprises thousands of completed units and thousands underway — it has []