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Real estate news in Atlanta

Negative Equity Still Huge Problem in Atlanta

Progress has been made on negative equity front, but troubling trends persist In the Atlanta housing market, 23.2 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding of

Atlanta Foreclosure Activity Spikes 27%

Foreclosure activity in the ATL shot up by a double-digit amount in May, according to new RealtyTrac numbers. Foreclosure activity in Metro Atlanta was up 27 percent year-over-year in May, according to the latest 2015 U.S. Foreclosure Market Report from

The Top-Selling Counties in Metro Atlanta

What counties in the Metro Atlanta housing market saw the most sales activity last month? Earlier this week, Atlanta Agent reported that home sales in Metro Atlanta were soft in May, rising just 1 percent from April to May and

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

The Providence Group of Georgia Now Selling at Highpointe

The Providence Group of Georgia, LLC is now selling new single-family homes priced from the $550,000s at Highpointe at Vinings in Cobb County. Highpointe is a gated community that will feature a combination of both new floor plans and

Is Atlanta’s Housing Market Beginning to Slow Down?

Atlanta housing market on a tear this spring, but ABR’s latest numbers show market stepped back in May Home sales in the 11-county Atlanta housing market reversed course in May, falling 3.3 percent year-over-year to 4,583 sales, according to

CoreLogic: Atlanta Homeowners Shake Off Water and Regain Equity

CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the

CoreLogic: Cash Leaves Atlanta, Homebuyers Rejoice

CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time

Multifamily New Construction Rises Dramatically in Atlanta

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

CoreLogic: Atlanta’s Distressed Sales Drop By More Than 30%

Compiling data from CoreLogic, we review nearly a decade of distressed sales data CoreLogic released its distressed sales report for the month of March this week, and what the group revealed was nothing short of expected: REO and short sales

Atlanta Swinging Strong, but can it Last?

Atlanta’s strengths hint at good things for the market in upcoming months Atlanta has had no shortage of good news over the course of 2015. With a strong job market, rising home prices and an impressive luxury market, is

RealtyTrac: Nation Faces Zombie Outbreak

RealtyTrac’s Q2 Zombie Foreclosure Report shows macro progress and micro struggles Zombies are plaguing the nation, but no amount of shotgun shells and machetes are likely to help. Less likely to shuffle after a person’s brainy bits than they

Traton Homes Now Selling at The Reserve at Old Atlanta

Traton Homes recently announced that its newest community, The Reserve at Old Atlanta in Suwanee, is now open for sales. Located in the southeast corner of Forsyth County, the community sits on 105 acres and will feature a total

The Providence Group Opens New Model Home at The Reserve at Providence

Model home showcases the Fitzgerald home design in Milton community Luxury Atlanta home builder, The Providence Group of Georgia, LLC, recently announced the opening of its model home at The Reserve at Providence in Milton. Located on a one-acre

Harry Norman, Realtors Welcomes Joi Bostic as New Director of Career Services

Harry Norman, Realtors has welcomed Joi Bostic as the new director of career services. She will oversee all training and CE course work for Harry Norman agents and staff. Ms. Bostic brings more than 10 years of real estate

CoreLogic: Foreclosures? What Foreclosures?

CoreLogic’s April Foreclosure Report revealed another month of positive stats…for most markets Since late 2008, when the walls of the world’s economy started to tumble, approximately 5.7 million foreclosures have been completed in the U.S., and even more if

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