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Real estate news in Atlanta

Distressed Sales Fall Considerably in Georgia

Over the last year, distressed home sales have become far less prominent in Georgia’s housing market Distressed sales throughout Georgia comprised 14.3 percent of all home sales in May, a marked drop from the 19.1 percent market share of a year ago,

Atlanta Home Prices Rise Strongly in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Atlanta area posted strong gains in Standard & Poor’s latest Case-Shiller Home Price Indices, rising 1.4 percent from March to April and 4.9 percent from

Christa Huffstickler Brings 15 Years of Marketing Expertise to Virginia Place

Christa Huffstickler, the director of sales for NeoLuxe Group with Atlanta Fine Homes Sotheby’s International Realty, will be bringing her 15 years of real estate marketing experience to Virginia Place Townhomes selling team. “We are excited to have access

The Providence Group Opens New Model Home at The Bluffs at Lenox

The Providence Group of Georgia, LLC, has announced the opening of its new model home at The Bluffs at Lenox, located in the luxury townhome community of Buckhead. The Bluffs at Lenox model is a three-story townhome featuring three

FrontDoor Communities Now Selling at CopperLeaf in Cobb County

FrontDoor Communities has announced that homes in its new community, CopperLeaf, are now on the market. These homes are priced from the $400,000s to the mid- $500,000. Featuring a variety of home designs, these homes offer designs with four

Atlanta’s “Condo Queen” is Opening Her Own Real Estate Company

Karen Rodriguez, an Atlanta-based real estate entrepreneur and 2014 Atlanta Who’s Who participant, has just launched her own company, GROUP KORA. With her claim to fame of closing more luxury condo sales than any other Atlanta Realtor, Rodriguez has opened

Negative Equity Still Huge Problem in Atlanta

Progress has been made on negative equity front, but troubling trends persist In the Atlanta housing market, 23.2 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding of

Atlanta Foreclosure Activity Spikes 27%

Foreclosure activity in the ATL shot up by a double-digit amount in May, according to new RealtyTrac numbers. Foreclosure activity in Metro Atlanta was up 27 percent year-over-year in May, according to the latest 2015 U.S. Foreclosure Market Report from

The Top-Selling Counties in Metro Atlanta

What counties in the Metro Atlanta housing market saw the most sales activity last month? Earlier this week, Atlanta Agent reported that home sales in Metro Atlanta were soft in May, rising just 1 percent from April to May and

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

The Providence Group of Georgia Now Selling at Highpointe

The Providence Group of Georgia, LLC is now selling new single-family homes priced from the $550,000s at Highpointe at Vinings in Cobb County. Highpointe is a gated community that will feature a combination of both new floor plans and

Is Atlanta’s Housing Market Beginning to Slow Down?

Atlanta housing market on a tear this spring, but ABR’s latest numbers show market stepped back in May Home sales in the 11-county Atlanta housing market reversed course in May, falling 3.3 percent year-over-year to 4,583 sales, according to

CoreLogic: Atlanta Homeowners Shake Off Water and Regain Equity

CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the

CoreLogic: Cash Leaves Atlanta, Homebuyers Rejoice

CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time

Multifamily New Construction Rises Dramatically in Atlanta

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

CoreLogic: Atlanta’s Distressed Sales Drop By More Than 30%

Compiling data from CoreLogic, we review nearly a decade of distressed sales data CoreLogic released its distressed sales report for the month of March this week, and what the group revealed was nothing short of expected: REO and short sales

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