Local News
Real estate news in Atlanta
March proved a very positive month of real estate for Atlanta, according to new research. March proved a most sensational month of housing activity in the ATL, with home sales rising 13.8 percent year-over-year and a whopping 32.5 percent
Ben Christopher and Denny Jones, two established names in the Metro Atlanta real estate market and co-owners of RE/MAX Greater Atlanta, were awarded the Legacy Award by RE/MAX of Georgia. The awards were presented during the annual RE/MAX of
It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just 1.5 years to break-even on a mortgage in Atlanta, meaning the point at which the total
A new CoreLogic study details the fall of cash sale shares across the country. A home is a good investment, but a normalizing market has somewhat thinned out the opportunities to make quick, high yield sales, and as a
Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Atlanta – where home
Moderate home price gains in February suggest the market may be stabilizing. Home prices continued their strong ascent in February, according to CoreLogic’s newest Home Price Index. Including distressed sales, home prices climbed 5.6 percent from the same time
It’s been common knowledge that Atlanta’s rental market is a relative steal, but is that still the case? For some time now, Atlanta’s rental narrative has been one of remarkable consistency. Compared to other big cities, the narrative has gone, Atlanta’s rents are
Home prices in Atlanta are growing, albeit at a slow rate. Atlanta home prices posted lukewarm numbers in the latest Case-Shiller Home Price Indices, which looked at data from Dec. 2014 to Jan. 2015. From December to January, Atlanta prices were
The Atlanta Board of REALTORS® premier event of the year, the annual Multi-Million Dollar Sales Club Banquet was held this March at the InterContinental Buckhead. Nearly 900 of Atlanta’s finest in the real estate industry packed the house to celebrate
Housing affordability is a major problem, and new research has added an additional wrinkle to the crisis. Housing affordability (especially in the new home market) may be worsening nationwide, but it has nothing on the affordability squeeze facing renters
What was the deal with our local new construction marketplace last month? February proved a lackluster month for residential new construction in the Atlanta area, according to new numbers from Dodge Data & Analytics. For the month, residential construction in
Everyone should be concerned about rising levels of inequality – especially residential real estate professionals. The Brookings Institution just updated its data metrics on inequality in the U.S.’ largest metro areas, and the results are – to put it
The single-family home market for new construction has trended towards affluence, and so has the rental market. The last couple months, we’ve been reporting with regularity on how our nation’s issues with inequality have manifested themselves in new construction,
Sure, negative equity has improved overall, but what of properties on the lower-end of price spectrum? Though 26.1 percent of mortgage properties in the Atlanta area remain in negative equity, that pales in comparison to the 49 percent of properties
Homeowners are benefiting from rising home prices that improve equity, but that doesn’t mean negative equity still isn’t a problem. Equity continued building in the fourth quarter of 2014, CoreLogic’s newest report concluded, showing that by year’s end, 1.2 million borrowers
After a shaky start to 2015, Atlanta’s housing market improved measurably in February. Home sales in the 11-county Atlanta area totaled 2,810 in February, a 11.6 percent increase from January and 0.8 percent decline from Feb. 2014, according to new
