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Real estate news in Atlanta

New Construction in Atlanta Lukewarm in February

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

Why Soaring Inequality is Terrible For Housing

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

Lion Share of New Construction in Atlanta Affordable Only For Affluent Consumers

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,

Negative Equity Remains Considerable Problem in Atlanta’s Lower Price Points

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

CoreLogic: Equity Returns to the Dogwood City, Beats Nation

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

Atlanta Housing Market Bounces Back in February

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

The Providence Group Opens New Model Home at Traditions

Model home showcases the Avalon floor plan in desirable South Forsyth community Luxury Atlanta home builder, The Providence Group of Georgia, LLC, has opened a new model home at Traditions in South Forsyth. “We are excited to announce the grand

Why Housing Affordability is More Complicated Than You Think

You may think you understand housing affordability, but chances are you’re relying on limited measurements. How affordable is Atlanta’s housing market? The answer to that question is more complicated than meets the eye, and it suggests some very interesting things

When is the Best Time to List Properties in Atlanta? How About Now

The optimal time for listing properties in Atlanta is closer than you think. You should probably get on it and list your clients’ properties if you haven’t done it already. That’s the takeaway from a new report from Zillow,

Atlanta Cash Sales Near Pre-Crisis Levels

A new report from CoreLogic highlights improvements to the nation’s share of all cash sales. Unfortunately, it’s still high. It’s a new housing market in 2015. Policies are shifting, new legislation is being written, and in an eddying whirl

CoreLogic: With Foreclosures, Atlanta Continues to Lead by Example

The nation is healing, and as a result foreclosure inventories are thinning out across the nation. How did our city do? Foreclosure numbers responded positively to a healing economy in January, dropping significantly, CoreLogic’s National Foreclosure Report revealed. Total

Zillow Says Atlanta is in a “Sweet Spot”

Zillow compares employment and income growth to determine the best markets to be in right now. How did our city do? The nuances discerning a good economy from a bad one are plenty and complicated, but for a brief

The 3 Most Affordable Counties in the Atlanta Area

Where, in Atlanta’s vast terrain, is housing most affordable for owners and renters? Last week, we reported on housing affordability, and how competitive mortgage rates in the Atlanta area had further aided its legendary value. At the same time,

Strong Job Growth Drives Hugely Impressive New Construction Numbers in Atlanta

Atlanta’s new construction marketplace put up some smashing good numbers in 2014’s fourth quarter. Here’s a nice blast of good news about Atlanta’s housing market: in 2014’s fourth quarter, housing starts hit a 16,437 annual rate, an 18 percent

Atlanta Just Got More Affordable

Home prices went up in 2014, and for some metros, affordability did too. For most homebuyers, especially those entering the market for the very first time, affordability is chief among concerns leading up to a purchase. In an analysis of

Atlanta New Construction Begins 2015 on Somber Note

The new year is always a precarious time for the new construction marketplace. Residential construction spending in the Atlanta area was just above $333 million in January, a 6 percent decline from Jan. 2014, according to new numbers from Dodge Data &

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