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Real estate news in Atlanta

CoreLogic: Looking Back at Nearly 2 Years of Atlanta Foreclosures

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

Realtor.com: Atlanta will be One of 2016’s Top 5 Housing Markets

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 Home Prices Reach New Peak in 2015

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

CoreLogic: Prices Maintain Steady Course in Atlanta

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,

Atlanta New Construction Growing Strongly in 2015

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

Atlanta Unemployment Rate Lowest in a Decade

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

Atlanta is the Nation’s Most Unequal Metro Area

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

Atlanta Price Growth Remains Strong

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.

Atlanta City Council Approves Affordable Housing Ordinance

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

Metro Atlanta’s Top 5 School Districts

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

John Wieland Wins Eight OBIE Awards

John Wieland Homes and Neighborhoods recently announced that it has won six gold and two silver awards at the 35th Annual OBIE Awards. The OBIE Awards are hosted by the Sales and Marketing Council of the Greater Atlanta Home

CoreLogic: Healthy August Drop in Atlanta Cash Sales

The share of total residential real estate transactions carried out in all cash fell from 34.9 percent in Aug. 2014 to 31.7 percent this most recent August, according to a report from CoreLogic. Month-over-month, cash sales inched upward by

Lennar Atlanta Wins 5 OBIE Awards

Lennar Atlanta won five OBIEs (three gold and two silver) at the Greater Atlanta Home Builders Association (GAHB) 35th Annual Award gala. OBIEs are awarded to Atlanta’s construction industry. Winners displayed excellence in new homebuilding, marketing, remodeling and personal achievement categories.

Mortgage Customer Satisfaction Jumps in New Report

The mortgage process doesn’t often top the list of things people like to do, but as far as dealing with banks and moneymen go, customers are more approving of the mortgage process now than any other time in the

Disproportionately High Rents Spoil Homeownership Dream

Many want to own a house, but the finances are only feasible for an increasingly select few It is a truth universally acknowledged that the vast majority of renters in America aspire to homeownership. Indeed, according to a recent

Avenue Realty Announces Clarke Hill Development in Decatur

Avenue Realty has announced the opening of Clarke Hill, its newest development in Decatur. Named after author Caroline McKinney Clarke, writer of The Story of Decatur, 1823-1899, the development’s homes are priced from $600,000, with the option of four to six bedrooms

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