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Real estate news in Atlanta

Empty nest households reach record high

More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids

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See which Atlanta suburbs are the best to live in

Decatur was listed as the best suburb to live in Georgia by the website Niche.com, which analyzes neighborhoods and school data. The 2017 rankings took a number of factors into account with the higher education rate weighted the heaviest

Atlanta ranked No. 1 college town to buy an investment home

  Anyone interested in purchasing investment property in Atlanta should take note: Redfin recently ranked Atlanta as the best college town to buy a home and get the highest return. Redfin analyzed the latest U.S. New and World Report ranking

Atlanta is one of the best cities for job seekers

  Atlanta is ranked as the sixth best city for job seekers on a list from NerdWallet. The financial website ranked cities based on job opportunities and cost of living expenses. NerdWallet made the rankings by comparing the unemployment rate

Millennials on the move target Atlanta

  Atlanta was the tenth hottest destinations for Millennials who moved last year, according to a new survey from Mayflower. Some of the main characteristics that survey respondents were looking for in their new cities were job opportunities, affordable cost

Atlanta foreclosure activity falls below pre-recession levels

Atlanta foreclosure activity falls below pre-recession averages, according to a new report from ATTOM Data Solutions. Nationwide first quarter foreclosure activity also was reported as below pre-recession levels. The Atlanta-Sandy Springs-Roswell MSA reported 4,077 properties with foreclosure filings in

Atlanta mayor announces fund to stop Beltline gentrification

  Atlanta Mayor Kasim Reed announced a new fund to help residents in the Beltline pay their rising tax bills as home prices increase in the area. The City of Atlanta is partnering with The Westside Future Fund to

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Homes sold faster than ever this March

Homes sold faster this March than any other March in seven years, thanks to rising demand and still-shrinking inventory, according to Redfin’s recent housing market report. Home sales jumped 9 percent in March when compared with March 2016, even as

Atlanta homes sales and prices increase, indicating strong spring

  Home sales and prices continued to grow in Atlanta, according to Atlanta REALTORS®’ March 2017 market brief. Total home sales were at 4,896 in March 2017, up 2.3 percent compared to March 2016 and up 15.5 percent compared

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Affording a down payment is biggest hurdle to homeownership, Atlanta residents say

About 70 percent of renters say securing enough cash for a traditional down payment is the biggest obstacle to buying a home, according to a study by Zillow. With an average mortgage payment costing less on a monthly basis

Affordability in Fulton County improves in 2017, report says

  Affordability improved in Fulton County compared to last year, according to the Q1 2017 U.S. Home Affordability Index from ATTOM Data Solutions. The affordability index for Fulton County is 105, which is up from 100 in Q1 2016.

New urban park and residential projects proposed for Buckhead

A brand new park is in the works for Buckhead. Spanning a total of nine acres over the GA400 freeway and through MARTA’s Buckhead station, the park is meant to become a “centralized, highly attractive, property-value-boosting green space in

Atlanta is one of the best cities for black homeownership, study finds

Nearly 50 years after the passing of the Fair Housing Act, minority households still have lower ownership rates and higher rent burdens than white households, a recent study by Trulia found. But progress made in some cities is helping

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The average Atlanta home sells for less than its original asking price, study says

Existing housing inventory has reached historic lows, making the housing market very favorable to sellers. But that doesn’t always mean that sellers get what they’re asking for, according to a study by the National Association of Realtors (NAR). Nationwide,

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New construction spending lags in start of 2017, study says

In February, nonresidential construction spending soared, while the residential market has experienced declines in spending, according to the latest report from Dodge Data and Analytics. Nearly a four-fold increase was seen in spending for non-residential buildings, with $237 million spent in February 2016

ARA: Monthly market brief shows improvements in inventory

  Atlanta REALTORS® released its February 2017 Market Brief last week, looking directly at stats for single-family homes in 11 Metro Atlanta counties. Despite a decline in home sales since February 2016, median and average sales prices have risen along with supply.

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