Local News
Real estate news in Atlanta
Just how dramatic has housing shifted towards rentals, in the last seven years? Forty-nine percent of Atlanta residents now live in rental housing, a tiny increase up from 47 percent in 2006; furthermore, the renter population in Atlanta is up 7 percent in
Real estate in the Atlanta area started 2015 on a rough note, according to new ABR stats. January was not a kind month to the Atlanta-area housing market, if the new analysis from the Atlanta Board of Realtors is
In 2014, just as in the years before, Americas are on the move to the many destinations that our nation has to offers. According to data compiled by Penske Truck Rental, do-it-yourself movers are consistently moving to the warm and
Lennar Atlanta, the fast-growing division of Lennar (NYSE:LEN), welcomed three new home consultants to its staff as the company continues to expand: Alicia Sipsy, Donna Brown and Anne Kriebel Alicia Sipsy, a West Cobb native, has worked with various builder groups throughout
CoreLogic report shows widespread drops in cash sales. Cash sales continued to drop in November, according to a new report from CoreLogic, which found an increasingly significant portion of all-cash buyers leaving the market, particularly investors. Ebbing closer to
Minority groups have a harder time accessing mortgages in the U.S., including here in Atlanta. In the Atlanta metro area, 25.3 percent of African-Americans are denied in their applications for conventional mortgages, according to a new analysis from Zillow; that’s
Foreclosure activity in 2014 ended well, but pockets remain in dire straights. To cap off 2014, the national foreclosure inventory continued deflating, falling a staggering 34 percent year-over-year, according to CoreLogic’s newest foreclosure report. As of December, the nation’s
Atlanta continued to set the world on fire with its rise in asking prices Asking prices in Atlanta began 2015 on a soaring note, according to the Trulia Price Monitor. Prices were up a whopping 16.2 percent year-over-year in January – good for
Atlanta, according to a new study, is gentrifying more than nearly all U.S. cities. Gentrification is a topic of focus for many cities across the U.S., but a new analysis from Governing has found that few cities have been more radically altered by gentrification
One may think that warmer months are better for selling homes, but the data tells another story. What if we were to tell you that it really makes no difference when you list your client’s home, in terms of
We’ve covered multifamily ascendence before, but this is the most telling statistic of all. Earlier this week, we reported on two facets of new construction: first, that overall construction spending in Atlanta grew by hefty amounts in 2014; and second,
Mercedes-Benz recently announced that it is under contract to purchase 12 acres of the 76 acres of prime real estate in Sandy Springs that Ashton Woods Homes currently has under contract. While Ashton Wood Homes has plans for a mixed-use village
Slow home prices in December are likely to roll over into 2015. Early today, February 3, CoreLogic released its Home Price Index for December 2014. While price appreciation was relatively flat from a month prior, CoreLogic researchers found prices
2014 was a very good year for new construction in Atlanta, according to the latest stats. Total residential construction spending in the Atlanta area was $5.086 billion in 2014, an 18 percent increase from 2013, according to new numbers from
Hundreds of thousands of potential homebuyers will be boomeranging back to the housing market over the next seven years. The Atlanta area is poised to see more than 280,000 potential homebuyers enter the housing market fray over the next seven
The Mundy Mill community is welcoming a new builder, Wimbledon Properties, a division of Berkshire Hathaway, that has already begun construction of 12 homes in the new Magnolia Park section of the community. “Building quality homes for our customers