Local News

Real estate news in Atlanta

Asking Prices Soar as Rents Sag

Asking prices rose yet again in the Trulia Price Monitor in March, but asking rents continued to slow. Asking home prices outpaced asking rents yet again in Trulia’s latest Price Monitor and Rent Monitor, which studied all the for-sale

Home Prices Up 10.2 Percent in February

Home prices continued to pick up more steam in the CoreLogic HPI, rising to their highest mark in nearly seven years in February. Home prices nationwide rose a sterling 10.2 percent year-over-year in February, according to the latest CoreLogic

When Will First-Time Homebuyers Make Their Triumphant Return?

Though the housing market is recovering, first-time homebuyers have thus far been an absent component of that recovery; when will they return? The housing market may be showing its best signs of life in years, but one essential component

Real Estate in These Markets is a Home Run

What MLB baseball teams are surrounded by the most valuable real estate? And do their winning percentages influence the local real estate markets? It’s opening day for Major League Baseball, and Trulia, as it seems to do with just

Shadow Inventory Down 28 Percent From Peak

Shadow inventory is down an impressive 28 percent from its 2010 peak, but do its effect still languish in certain markets? CoreLogic’s latest report on shadow inventory in the U.S., which surveyed the nation’s inventory of seriously delinquent, REO

Tight Inventory Constrains Pending Sales in February

The nation’s shrinking housing inventory has begun affecting pending home sales, the National Association of Realtors has reported. Pending home sales stalled a bit in February, as the nation’s shrinking housing inventory offered homebuyers fewer and fewer choices. The

Freddie Mac Predicts Best Spring for Housing in Six Years

The spring homebuying season is an integral time for real estate, and Freddie Mac is predicting 2013’s will be good news all around. The last couple months, there have been repeated signs of a housing recovery. From rising home

NAHB Improving Markets Index Hits 274 Markets in March

The NAHB’s Improving Markets Index improved yet again in March, as more and more metropolitan areas join in on the recovery. The National Association of Home Builders’ (NAHB) Improving Markets Index expanded to 274 metropolitan markets in March, as more and

@gent App: @properties New App Facilitates Communication, Transactions Between Brokers

@properties has long been a brokerage known for its tech-savviness. But now, in addition of using top apps, the company has developed an internal app of its own. This is the first app for @properties to

How Many Homes are Still Underwater?

Negative equity remains a problem in the U.S. housing market, but as new research by CoreLogic shows, the situation is improving. Riding the wave of home-price increases, roughly 200,000 residential properties returned to a state of positive equity in

NAR: Existing-Home Sales in Feb at Highest Level in 3 Years

The news was uniformly positive in NAR’s latest existing-sales report, with sales and prices rising but what about housing inventory? Existing-home sales rose 10.2 percent in February year-over-year, while median price was up 11.6 percent according to the latest report

When Will Housing Inventory Stop Falling?

Housing inventory has fallen at a precipitous rate, but could relief finally be approaching? New research from Zillow suggests it just might. There are currently two universally acknowledged truths about the U.S. housing market – one, that the market

Are the Foreclosure Markets Improving?

RealtyTrac’s latest analysis of the U.S. foreclosure markets found many positive developments, though there still remains work to be done. The foreclosure markets continued their slow, steady improvement in the latest U.S. Foreclosure Market Report from RealtyTrac, though foreclosure

Will Lending Standards Ease at All in 2013?

It’s become the eternal question in real estate – when oh when will lending standards ease up? Though the housing market has put up some of its strongest numbers since 2006, the mortgage markets, from the perspective of many

Asking Prices Increase 7.0 Percent in Trulia Price Monitor

Asking prices in February rose 7.0 percent in the Trulia Price Monitor, as the increasing demand in the U.S. housing market continued to push asking prices higher. From January to February, asking prices rose 1.4 percent, and prices are

Residential Construction Spending Flat in January

Residential construction spending was flat in January, though overall construction spending remained above where it was a year ago, according to the latest analysis from the U.S. Census Bureau of the Department of

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