Local News

New Yorkers help make Atlanta 5th most popular metro homebuyer destination
New Yorkers help make Atlanta 5th most popular metro homebuyer destination

The third quarter was like a game of musical chairs for many who are abandoning large cities for more affordable areas of the country. See what’s happening in Atlanta.

Atlanta hit hard with zombie foreclosures
Atlanta hit hard with zombie foreclosures

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

Larger Georgia homes among the most popular in September
Larger Georgia homes among the most popular in September

Buyers are flocking to larger homes with four bedrooms or more, according to the Georgia Association of Realtors.

Nearly half of Atlanta homes for sale face bidding wars
Nearly half of Atlanta homes for sale face bidding wars

“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.

Atlanta home sales up 15% in September
Atlanta home sales up 15% in September

“It is hard to predict trends during an election year alongside a pandemic, but we expect to continue to see strong activity through the year’s end and into 2021,” said Kristen Jones, Broker/Owner, RE/MAX Around Atlanta.

Atlanta home prices up 12.9% from last year
Atlanta home prices up 12.9% from last year

“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com

Atlanta Housing names new COO
Atlanta Housing names new COO

Lee, who most recently served as chief housing officer at Atlanta Housing, will continue her work as the city’s chief housing officer under mayor Keisha Lance Bottoms.

Atlanta suburb ranks high for big city feel
Atlanta suburb ranks high for big city feel

The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.

Atlanta is a top city for commercial-to-apartment conversions
Atlanta is a top city for commercial-to-apartment conversions

See how Atlanta compares to other cities when it comes to apartment conversions.

Atlanta homebuyers faced higher prices, lower inventory in September
Atlanta homebuyers faced higher prices, lower inventory in September

This year, buyers encountered a 21% decrease in listings from the beginning of 2020, along with a 17% price increase to about $20,000 more than anticipated.

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