Local News

Real estate news in Atlanta

Parking preferences affected by COVID-19?

Zumper shows that online searches are down for apartments with parking spaces. But one Atlanta agent says he’s seeing a growing preference for parking in home searches.

Pending home sales took a deep dive in April, but NAR upgrades its forecast

NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon.

Tyler Perry mansion fetches $15M in record deal

Engel & Völkers advisor Lisa Robinson serves as buyer’s agent in largest Atlanta deal of 2020.

Rent increases down in Atlanta in April

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

Report deems Atlanta ‘relatively affordable’

Homes are more affordable nationwide due to declining interest rates, but a shortage of listings in most cities due to the pandemic is making them harder to find.

Redfin: Housing shortage prompts bidding wars

Good news for sellers: Homes on the market under $1 million are receiving multiple offers in desirable cities.

Existing-home sales drop 17.8% in April, but first-timers are coming back

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers.

Purchase applications in Georgia beat out last year’s numbers

Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.

Builder confidence up after April drop; signs of rebound emerge

Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.

Buyer demand remains strong despite pandemic, says new report

RE/MAX’s recently released National Housing Report points to resiliency of market amidst coronavirus and economic concerns.

Are Atlanta’s opportunity zones living up to the hype?

New data looks at how prices in these areas have increased — or sometimes decreased — over time.

Realtors just say no to open houses

Atlanta area Realtors say they’re standing firm when it comes to open houses that attract dozens of potential buyers.

Macon broker named No. 1 in Top 250 Latino Agents list

The National Association of Hispanic Real Estate Professionals released its Top 250 Latino Agents Report, recognizing the best Latino agents in the business. How did Atlanta do?

GAR survey shows small rebound in home search interest

Georgia Association of Realtors members say in a recent survey that buyer interest is slowly returning.

Atlanta’s robust housing market weathers COVID-19 storm — so far

Despite the lag from COVID-19 in April, Atlanta has maintained steady new pending sales leaving the market with hope for a strong rebound.

New listings fall as pandemic concerns keep sellers on the sidelines

A new report offering the first full month of data showing the impact of the COVID-19 pandemic on residential real estate shows that sellers are taking a wait-and-see approach.

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