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Real estate news in Atlanta

Atlanta-Area Home Sales Drop by Double Digits in August

In terms of both sales and prices, Atlanta’s housing market slowed in August. Home sales in the 11-county Atlanta area fell 14.2 percent from July to August, closing out the month with 4,062 sales, according to fresh analysis from

CoreLogic Reveals June Cash Sales

Cash sales, while still a prevalent portion of total sales, continue inching closer and closer to pre-crisis levels, according to CoreLogic. Cash sales continue ebbing closer and closer to pre-crisis levels, according to CoreLogic’s recent June sales report. Nationally,

Atlanta Asking Price Growth Among Best in Nation in August

Asking prices continued their ascent in August, according to new numbers from Trulia. Asking prices in the Atlanta area rose 13.3 percent year-over-year in August, according to the latest Price Monitor from real estate website Trulia. That gave Atlanta the seventh-strongest

Housing Inventory Not in Favor of First-Time Homebuyers

Though overall housing inventory is showing signs of recovery, it’s not progressing in a way that helps first-time homebuyers. According to the National Association of Realtors, 2014 has been a very good year for housing inventory. After falling precariously

How Much is $1 Million, Really?

$1 million is a hefty chunk of change, but new data shows that it goes much farther in some metro areas than in others. How much is $1 million, in the grand scheme of things? According to some very interesting

CoreLogic Report Examines Growing Home Prices

Home prices continue rising, CoreLogic finds, but the geographic drivers of the increases may be shifting. Home prices continued to show signs of improvement in July, according to the latest Home Price Index report from CoreLogic. Nationwide, home prices, including

Negative Equity Heavily Concentrated in Lower Price Points

Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X mortgage holders are

Residential Construction in Atlanta Stumbles in July

Construction spending stumbled a bit in Atlanta in July, though it’s more an outlier than anything else. Residential construction spending in the Atlanta region totaled $304 million in July 2014, a 9 percent decline from last year, according to the latest stats from McGraw Hill

New Report Talks Atlanta Affordability

The U.S. housing market has been in recovery mode the last two years, and despite gains, some areas remain in dire straights. If the real estate industry can be thought of as its own world, then consider the bursting

Falling Foreclosure Rates Represent A Housing Market That’s Bouncing Back

New CoreLogic report finds that even though foreclosures are still around, their presence is much less pronounced. In 2013, foreclosures were at the epicenter of the housing conversation. However, after a year of tirelessly closing short sales and pushing

Atlanta Residential Construction Still Down Substantially From Historical Norms

Though our marketplace has traversed quite the terrain since 2008, new data shows that it still has quite a bit of ground to cover. We report quite regularly on building permits at the national level, but how have permits

Shirley Gary Announces that About Sales, Inc. Is Now Engel & Völkers Buckhead Atlanta

About Sales, Inc. Founder, Shirley Gary, recently announced that her company is going global as Engel & Völkers Buckhead Atlanta. As of June 20, her company has been a part of the larger international luxury brand, Engel & Völkers.

Atlanta Home Prices Show Signs of Slowdown in Case-Shiller

Home prices in the Atlanta region showed signs of slowing down in the latest Case-Shiller. Home prices in the Atlanta metro area rose 8.6 percent year-over-year in June, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s.

CoreLogic Reveals May Cash Sales Data

New CoreLogic report reveals another month of dwindling cash sales, but some states are maintaining high cash sales volumes. #3464-000089 / gettyimages.com Cash sales in the U.S. were down in May, according to a new report from CoreLogic. Falling

This is How Important Government Financing is For First-Time Homebuyers

Simply put, without government guarantees, the percentage of first-time homebuyers would be even smaller than it already is. #181215771 / gettyimages.com In June of this year, only 28 percent of existing-home sales went to first-time homebuyers, a historically low

Atlanta Home Sales Continue Sluggish Summer in July

Home sales in the 11-county Atlanta area continued their lackluster pace in July, according to the latest analysis. #113456532 / gettyimages.com Home sales in the 11-county Atlanta region totaled 4,530 in July, which is down 2.5 percent from June

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