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Real estate news in Atlanta

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Total homes sales fell in April but home prices are up

April home sales fell slightly in Atlanta, according to the Atlanta Realtors Association. Home sales dropped 7.4 percent on a year-over-year basis from 4,978 in April 2016 to 4,610 in April 2017. They are also down 13.7 percent compared to

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Atlanta suburban renters grew three times faster than urban renters

From 2011 to 2015, Atlanta suburban area renters strongly outpaced urban area renters, according to a report from Rent Café. The suburban net gain over those five years was 52,300, a 25 percent increase, while the urban net gain

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Atlanta pledges to reach 100 percent renewable energy by 2035

The Atlanta City Council passed a resolution that aims for the city to run 100 percent on clean energy by 2035, according to the Atlanta Journal Constitution. The city government will have a plan by January on how all

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See which Atlanta ZIP code has the most “equity rich” properties

  According to the Q1 2017 U.S. Home Equity & Underwater Report from ATTOM Data Solutions, nearly 5.5 million U.S. properties are seriously underwater, which represents almost 10 percent of all mortgages. This is up from 5.4 million in

Atlanta officials plan for affordable housing in new Beltline budget

  City officials and Invest Atlanta board members met recently to address the issues of affordable housing along the Beltline, according to the Atlanta Journal Constitution. The members presented the idea of raising $7.5 million to encourage affordable housing developments alongside

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Home values north and east of Beltline have surpassed citywide average

Although it won’t be complete until 2030, finished segments of the Atlanta Beltline have shown to have an effect on home values within the area, reports Knock.co. As the biggest revitalization project ever to occur in Atlanta, the Beltline

Atlanta homebuyers will find the best deals in late summer

As home shopping season goes into full swing, buyers may find that patiently waiting for late summer listings will lead to the best selection and prices. A new report from Zillow looked at the listings and price data from

Atlanta moves toward becoming a tiny home city

Steps were made this week to move Atlanta toward being the first city in the southeastern United States to allow the construction of tiny homes. The Atlanta City Council voted this week to approve an amendment to the zoning

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Atlanta home values slowly return to pre-recession levels

The prevailing sentiment in the housing market is that it’s a great time to sell, as housing prices and demand has steadily crept up. While that may be the case, such a rosy portrait of the market doesn’t tell

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Rising sea levels could increase Atlanta’s population

  Researchers are estimating that 13.1 million people could be displaced by rising waters and would end up relocating to cities like Atlanta. A new University of Georgia study is attempting to model the destination of potentially displaced populations

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Condo prices in Inman Park have doubled since 2011

  Homes near the Beltline Eastside Trail have been increasing in value over the past few years as new retail and developments are built. According to a post on A is for Atlanta, condominiums in Inman Park – an

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Atlanta residential construction activity is booming

  Atlanta residential construction spending nearly doubled compared to last year, according to a new report from Dodge Data & Analytics. Residential construction spending increased 48 percent, from $584 million in March 2016 to $864 million in March 2017. On

Atlanta is drawing interest from out-of-state homebuyers

Atlanta is seeing a rising interest from residents outside of the area, according to a new report from Redfin. The website recently looked at the data for users searching for homes in 75 different metros across the country so

Atlanta named one of the next top tech towns

Atlanta ranked at No. 2 on realtor.com’s list of The Next Top Tech Towns. The website looked at major cities across the country to see which ones have a significant amount of tech talent as well as affordable housing options,

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Atlanta’s nonwhite population doubles since 1970

  From 1970 to 2015, the percentage of nonwhite Atlanta residents has doubled from 22.2 percent to 44.2 percent of the total population, according to a new study from Georgia State University. Some of the largest gains are seen

Atlanta rents increased from last year while nationwide rents level off

  Atlanta rents increased 3.2 percent in the past year to an average of $1,337, according to the March Zillow Real Estate Market Report. From 2015 to 2016, rent in Atlanta increased 4.4 percent. Rents rose only 0.7 percent nationwide compared to

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