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Real estate news in Atlanta

New developments underway in Metro Atlanta

There are four new residential developments coming to Metro Atlanta, according to the Atlanta Business Chronicle. The communities vary in housing stock, from traditional single-family homes to townhomes, with prices starting at $220,000. We’ve provided more details below: Parkview

Crye-Leike breaks 40-year record with $6.36 billion in sales

Crye-Leike, the nation’s fourth largest privately held residential real estate brokerage firm, saw an increase in sales in 2016. The Tennessee-based company ended the year with a sales volume of $6.36 billion, which was up 10.8 percent from $5.74 billion the

What’s the average mortgage debt in our state?

Georgians on average have more mortgage debt than borrowers in most other states, an analysis from Business Insider confirmed this month. How much debt exactly? According to data Business Insider obtained from Experian, $165,466 in 2016, making it the

Atlanta’s new construction market trips in January

Atlanta’s new construction market slipped in January, as spending dropped double digits from a year prior, according to research from Dodge Data & Analytics. But the dip isn’t so bad. Yes, residential construction spending from Jan. 2016 to Jan.

Report: Atlanta 2017’s “best real estate investment opportunity”

Attention real estate investors: Atlanta is the country’s “best real estate investment opportunity in 2017,” according to online real estate investment management firm HomeUnion. And how did HomeUnion come to that decision? 1. More jobs are coming – Economists are

Survey: Borrowers worry how Trump and DeVos will manage this barrier to homeownership

The Millennial homeownership rate fell to a 30-year low last year, and a big contributor to that trend is growing student loan debt. The country has an opportunity to address the issue under newly elected President Donald Trump and

3 trends that defined Atlanta’s housing market in January

In its monthly market report, Redfin dissected dozens of markets across the nation and found that in January, buyers typically faced three challenges: rising prices, low inventory and a fast market. That was certainly true in Atlanta. Prices continue

Atlantans are overvaluing their homes

There is a slight disconnect between homeowners and appraisers in Atlanta, according to Quicken Loans’ latest National Home Price Perception Index (HPPI). The good news is the disconnect is slight. In February, homeowner opinion in Atlanta placed the average

A win for preservationists in Atlanta

Last Monday, Feb. 7, the Atlanta City Council voted unanimously on legislation to preserve a collection of industrial and commercial buildings near Georgia Tech on the west side of Atlanta. The vote was to secure these buildings as part

Atlanta is the nation’s top destination for movers

One of the top indicators for a housing market’s continued strength is new, incoming residents; and in 2016, for the second year in a row, Atlanta was the top destination for movers, according to a report from Penske Truck

When does owning in Atlanta become a better deal than renting?

Buying a home in Atlanta is a great deal – so long as they stay in it for at least a year and a half. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the

Report: Atlanta one of country’s “most compassionate” cities

The compassion of America is in question. But not in Atlanta, according to a new report from realtor.com. To some homebuyers, that matters a whole lot. By the numbers, Atlanta is a generous city; the No. 6 most generous

Two signs that Atlanta’s housing market is in for a correction

The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked

Atlanta and Boston face off – in real estate

With the Falcons and Patriots poised to play each other on Sunday, HomeUnion has taken a close look at each team’s home region to determine which offers better opportunities for real estate investors. The rental investment company analyzed the Boston and

The 5 Metro Atlanta counties where housing inventory is the lowest

Which counties have the worst housing shortage in Metro Atlanta? Our chart below, which utilizes the latest stats from GeorgiaMLS, ranks the area’s counties, and also shows how inventory has changed from June 2016: County Dec. 2015 Inventory (months supply) June 2015

Metro Atlanta construction caps off 2016 with spectacular growth

The Metro Atlanta new construction market concluded 2016 in spectacular fashion, according to research from Dodge Data & Analytics. In December, Metro Atlanta saw more than $465 million in total residential construction spending, which is a 51 percent increase from Nov. 2015. Moreover, year-to-date

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