Local News

Real estate news in Atlanta

Tyler Perry’s $15M mansion bought by Steve Harvey

Big Momma’s House is now owned by TV game show host.

GAR establishes new task force on diversity, equity and inclusion

A new task force at the Georgia Association of Realtors aims to facilitate “an association-wide discussion about how GAR can become the diverse, inclusive community of members it envisions.”

Atlanta real estate recovery headed in the right direction

“Markets with stronger job creation pre-COVID are proving to have the crucial edge for real estate activity, particularly those with a strong technology sector.” — Javier Vivas, director of economic research for Realtor.com

RE/MAX reports single-digit decline in May homes sales nationwide

Although the single-digit decline from the previous month nationally is good news, home sales still lagged May of 2019 by 33.7%.

Redfin: Bidding wars up in May in Atlanta

Atlanta’s making a good rebound in bidding wars, according to a new report.

Atlanta sees increased rates of home flipping

Nationwide, home flippers saw a 36.7% return on their investment in the first quarter of 2020.

Single-family rent prices post lowest growth rate in 9 years

The latest CoreLogic report reveals the first measurable impact to the single-family rent market, pushing price growth to its lowest rate since the initial recovery of the Great Recession.

Georgia MLS: Atlanta homebuyers and sellers ‘actively engaged’

Pending sales bounced back in a big way in May, according to a report by Georgia MLS.

Civil unrest doesn’t stem Atlanta housing sales

The market recovery continues amid nationwide protests.

Homebuying pushed further out of reach for Atlanta millennials

“Homeownership has already been delayed for many millennials and the coronavirus could push the timetable even further out for some.” — Danielle Hale, chief economist, realtor.com

How to use TikTok to market real estate

A real estate marketing guru and TikTok aficionado gives the inside scoop on the increasingly popular social network.

Home prices are up, but that might not last

CoreLogic reports home price acceleration continued in April, but — in a shift away from other industry predictions — expects the first decline in values to begin in 2021

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.

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