Local News

Real estate news in Atlanta

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.

New report predicts home prices will continue to rise in 2020

CoreLogic’s March Home Price Index report reveals initial effects of the economic fallout from the COVID-19 pandemic while forecasting slight price growth.

Four Harry Norman agents make 2020 Christie’s Master Circle

Members of the exclusive club for luxury agents receive networking opportunities for top performers and more.

Luxury sellers are hitting the pause button amid economic concerns

Real estate listings are down across the country, but luxury listings are disappearing.

A glimmer of hope? Atlanta pending home sales see uptick in late April

Is the real estate market turning the corner as the country flattens the curve? A new report sees a possible light at the end of the tunnel.

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