Local News
Real estate news in Atlanta
Despite a rough November, Atlanta’s housing market kept pace in 2015 Home sales in the Metro Atlanta housing market posted steep declines from October to November, falling 24.7 percent from 4,056 to 3,056, according to the latest report from the
Lane McCormack, the senior vice president of Harry Norman, Realtors, was recently announced as the newest president of the Atlanta Board of Realtors. The announcement was made on Dec. 10th at ABR’s Annual Business Meeting and Awards Ceremony. Bill Rawlings, the
Atlanta will be the No. 1 housing market for Millennial homebuyers in 2016, according to a new analysis by realtor.com. Citing the ATL’s great music scene, vibrant nightlife, strong economy and affordable housing stock, realtor.com also drew attention to
October was another month of declining foreclosures, both nationwide and in most major metropolitan areas, a CoreLogic report confirmed this week. Dropping by just over 21 percent year-over-year, the nation’s foreclosure inventory reached a 1.2 percent share this past October,
Atlanta offers strong youth environment, opportunities and entertainment at an average cost Atlanta is the seventh best college town in the nation, according to a study released by WalletHub. The study looked not just at colleges themselves, but also the surrounding
In September, distressed sales accounted for 9.7 percent of total home sales nationwide; the culmination of declines that span the past few years, according to CoreLogic. Considering the current pace of distressed sale declines, CoreLogic researchers determined that the
Next year is bound to be a good one for Atlanta real estate The Metro Atlanta real estate market will be one of the best in the country in 2016, according to a new analysis by realtor.com. In the
Atlanta joins 32 other markets with new peak prices in 2015 The Atlanta metro area saw a new peak median price in 2015 at $187,000 in June, according to a new RealtyTrac report. Atlanta was one of 33 markets that reached a
The fall slump hasn’t hurt the market’s strength, as home prices across the country continued to climb in October, CoreLogic reported. The coupling of a healing economy and spotty but persistent inventory shortages are largely to thank (or blame,
2015 has been a good year for new construction in Atlanta Residential construction spending in the Metro Atlanta housing market totaled $347 million in October, a 47 percent decline from Oct. 2014, according to new numbers from Dodge Data & Analytics. Year-over-year numbers, though, can
The unemployment rate for Metro Atlanta in October was 5.4 percent, its lowest point since November 2005. The rate was down one-tenth of a percentage point from 5.5 percent in September, and a full percentage point from 6.5 percent
A new study has reaffirmed Metro Atlanta’s high level of economic inequality Atlanta is the most unequal city in the country, according to new research from the U.S. Census Bureau. Utilizing the Gini coefficient – an economic index that measures
How have home prices progressed in the 2015 housing market? Home prices in the Atlanta housing market rose 0.1 percent from August to September and 6.2 percent from Sept. 2014, according to the new Case-Shiller Home Price Indices from Standard & Poor’s.
The Atlanta City Council has unanimously approved an Affordable Housing Impact Statement ordinance, which is designed to increase quality housing options in the city. Some of legislative impacts in the Affordable Housing Impact Statement include acceptance of public and
Buford City Schools is the top school district in the Metro Atlanta area. That ranking came courtesy of the analytics website Niche, which just released its 2016 rankings of public schools from across the country. Buford Academy, which is
