Local News

Real estate news in Atlanta

New Construction Watch: The Olmsted Chamblee Groundbreaking

The Olmsted Chamblee, the first multifamily project approved in Chamblee in nearly a decade, will break ground this Wednesday, Nov. 12. The project is the result of a partnership between Cocke Finkelstein Inc. (CFI), Macauley + Schmit (MS) and

How Housing Affordability is Worsening in Atlanta

In case you were wondering, our housing market continues to get less affordable, not more. In the last year and a half, housing affordability in America has dramatically fallen, and our local metro is no exception. We recently reported that NAR’s Housing

Atlanta Asking Prices Remain Quite Strong in October

Though prices have shown signs of a slowdown at 2014 draws to a close, they’ve remained in positive territory. Though asking prices nationwide have shown some signs of a slowdown, they remained in confidently positive territory through October, according

CoreLogic: Home Price Gains Slow, Particularly Luxury

Home prices continue climbing towards a healthy balance, but leave luxury properties behind. As has been the trend all year, home prices continued rising in September, according to a new report from CoreLogic. However, despite gains, the rapidity of

Ponce City Market Brings Alternative Form of Transportation to Tenants and Renters

While Atlanta is working hard to provide better access to alternative forms of transportation in the future, Ponce City Market (PCM) is taking a step to make alternative options accessible now by providing their business tenants and apartment renters

Atlanta Foreclosure Inventory Down Double-Digits

New data from CoreLogic drives home just how much progress our housing markets have made in clearing out their foreclosure inventory The last 12 months have been highly encouraging ones for Atlanta’s housing market, according to the latest Foreclosure Report

2015 Investor Prospects

Investor interest is a major contributing factor to the success of a real estate market. How is your city doing? Despite its slow start, 2014 has turned into a year of growth and relative prosperity, considering the turmoil that

Atlanta Home Prices Remain Positive in Latest Case-Shiller

It was another positive month for home prices in the latest Case-Shiller Home prices in the Atlanta metro area rose 0.4 percent from July to August and 5.3 percent from August 2013, according to the latest Case-Shiller Home Price Indices,

Atlanta-area Housing a Mixed Bag in September

It was another month of mixed data for Atlanta’s housing market in September. September proved another month of contradictory real estate for the 11-county Atlanta area, according to the latest report from the Atlanta Board of Realtors. From August

How Homebuyers in Georgia Find Their Homes

There are many ways that homebuyers can go about locating their new residence, but how what are the most common methods among Georgia homebuyers? Last week, we reported that nationwide, the methods in which homebuyers find their dream residence

Owning in Atlanta Considerably More Affordable than Renting

When conditions are right, owning in our area is much more affordable than renting. Homeownership in the Atlanta area remains 47 percent more affordable than renting through 2014’s third quarter, according to a new analysis by Trulia; that’s consistent with

Traton Homes Holds Grand Opening for Model Home at McClure Farms

Traton Homes, Georgia’s most reliable and trusted new home builders, announced the grand opening of it’s model home at McClure Farms at 2809 Glengyle Park in Acworth. The single-family home features the Preston home design with a neutral color

Cash Sales Report Shows More Investors Leaving

Cash sales are down, which means good things for hopeful buyers needing mortgage financing. Earlier this week, CoreLogic released its July cash sales report, finding that investors are continuing to flee the market, paving the way for buyers more

Distressed Home Sales Fall Dramatically in Georgia in 2014

The nation’s distressed housing market has improved quite a bit in the last year, and that progress is also clear here in Georgia. Distressed home sales in the U.S. have fallen from 17 percent of all existing-home sales to just

Asking Price Increases Remain Strong in Atlanta

Asking prices once again showed positive movement in September, according to new stats from Trulia. A strong condo market propelled Atlanta’s housing market to another month of positive asking-price increases in September, according to the latest Price Monitor by Trulia.

Report Shows Atlanta Foreclosures Down Significantly

Atlanta continues to flourish in the wake of the crisis. In January 2013, Atlanta foreclosure and 90-plus day delinquency rates were nearly double what they are today, confirmed CoreLogic in its latest report. Over the past 18 months, foreclosures

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