Current Market Data
The investor-market dynamic has shifted since the boom and bust years. Returns are no longer astronomical and scooping up discounted foreclosures isn’t as easy as it once was, but the promise of profit has far from dried up, as
Mortgage markets have improved, but the inequities are still pronounced Black mortgage applicants in Metro Atlanta are denied at more than twice the rate of all applicants, according to new research from Zillow. All Applicants (2013) Black Applicants (2013)
In September, foreclosure inventory continued its rapid decline, falling 24.3 percent since the same time last year, a new CoreLogic report found. As a testament to the market’s recovery – and a more total economic recovery – since the
First-time homebuyers continue to lose market share in today’s housing market First-time homebuyer share has dropped to its lowest level in 27 years, with just 32 percent of all existing-home sales going to first-time buyers in 2015. That was one
October was more of the same for the U.S. job market, but was it enough to sway Fed policy? The U.S. economy added 271,000 jobs in October and the unemployment rate held firm at 5.0 percent, according to the
According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications decreased 0.8 percent from the week prior. Refinancing activity decreased by 1 percent, while purchase mortgages rose by 20 percent. Refinancing comprised 59.5 percent of all
Atlanta’s housing market is improving, and most homeowners are personally reaping the benefits. Home sales and prices are showing strong improvement throughout Metro Atlanta, and that progress has translated to greater returns for the area’s homeowners. That was the surprising finding of RealtyTrac’s
It’s been more than a month since the TILA-RESPA Integrated Disclosure (TRID) guidelines came into effect, and so far, the industry hasn’t devolved into total chaos. But that doesn’t mean lenders still aren’t worried. Financial services company Wolters Kluwer
In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15
A wealth of new luxury units in Atlanta creates fears of out-pricing low and mid-income renters Construction has been moving in Atlanta, and the vast majority of it has been for luxury apartments that price out low to mid-income renters, according
There’s been a lot of political posturing as of late, with partisan pundits and presidential candidates butting heads over everything from tax strategies to affordable housing, but one issue that, surprisingly, has remained largely left out of the conversation is
London, United Kingdom Bedroom: 4 Bathroom: 4 Square Feet: 5,426 Price: $16,386,991 Located at one of London’s most exclusive addresses, this Charles Street townhouse characterizes period style mixed with modern accommodations. Comprised of six floors, this rare property features
The nation’s wealthiest 1.5 percent have a distinct set of features that they look for in a new home, according to a new Coldwell Banker Previews International and Ipsos Connect survey. The following features rated highly among luxury buyers:
As 2015 draws to a close, how has residential construction activity in Atlanta compared with the previous year? Residential construction spending in Atlanta totaled $392 million in September, according to new Dodge Data & Analytics numbers. Although that is a pronounced 41
For nearly a decade, the nation’s homeownership rate has been in decline. Since 2004, when homeownership peaked at 69 percent, the rate has fallen nearly 6 percentage points down to 63.7 percent in the first quarter of 2015, according
Housing continues to slow in 2015 Pending home sales were down 2.3 percent from August to September, according to the latest report from the National Association of Realtors. Closing out the month at 106.8, the Pending Home Sales Index