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Real estate news in Atlanta
Our chart below ranks the top-selling housing markets in Metro Atlanta in November, according to research from GAMLS. In addition to last month’s sales, we have also noted the counties’ Nov. 2015 sales, and how far they have risen since: County Nov. 2016 Sales Nov.
The rise in home prices has dramatically outpaced wage growth through Metro Atlanta, and it is beginning to impact the market’s famous affordability, according to the Q4 2016 Home Affordability Index from ATTOM Data Solutions. As our chart below demonstrates, since the markets
Home sales in the Metro Atlanta housing market roared back to life in November, according to the latest report from Atlanta Realtors. For the month, Metro Atlanta saw 3,984 sales, a 20.1 percent increase from Nov. 2015. Sales were
When it comes to the housing market’s ever-worsening inventory situation, one factor receives an outsized share of the blame – the historically low levels of home construction. Although the explanations for construction’s low volume differ – NAR has consistently argued that builders
Starter homes in the Metro Atlanta area remain relatively affordable, but they are slipping out of reach for many consumers. That was the finding of a very interesting new study from Trulia, which assessed the status of starter homes
Affordability is a chief concern in the Atlanta real estate market, as it is in many markets. But even though it’s a popular talking point for industry insiders, few understand the true volatility of “affordable.” To some families, the
The news sounds bad: mortgage rates have risen aggressively since the presidential election, and are now at their highest level since July 2015; for the first week in December, rates posted the largest weekly jump since 2013; and the Federal
It’s no mystery that Millennials face unique challenges on the homeownership front. From slow wage growth to soaring student debt burdens, economic forces have kept Millennials on the housing sidelines, and a huge share still live at home with their parents. Those details are well known,
After a slow October, housing activity roared back to life in November for Metro Atlanta’s top markets, according to the latest report from RE/MAX of Georgia. In the Atlanta, Cumming, Lawrenceville and Marietta markets, housing improved considerably in three main areas,
Over the last 15 years, 91 percent of population growth in the country’s 50 largest and most urban cities took place in the suburbs, according to a joint report from the Urban Land Institute and RCLCO. That’s a stat
The Metro Atlanta area is one of the most popular in the U.S. for new residents, according to an analysis from Abodo.com. Based on data from the U.S. Census Bureau’s 2015 American Community Survey, Abodo found that new residents
It’s no secret that social media is one of the most effective complements to a real estate agent’s business, and indeed, 65 percent of agents use social media for their business, according to NAR’s latest Member Profile. In order
Fifth Avenue Elementary in Decatur is the best elementary school in Metro Atlanta, according to new rankings from Niche. Using such factors as state test scores, student-teacher ratio, student diversity, teacher quality and the overall quality of the school district,
In analyzing the country’s biggest residential real estate markets, weighing cap and rental rates, as well as median single-family home price, the online investment and management firm HomeUnion found that purchasing in Atlanta is a savvy move. Since last year,
After some strong summer months, Metro Atlanta home prices remained strong as ever in the fall, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. From August to September, Metro Atlanta prices were up 0.2 percent, while year-over-year, prices were up 5.3 percent, both
