Local News

Real estate news in Atlanta

Residential Construction in Atlanta Tops $245 Million in September

September was a positive month for Atlanta’s residential construction sector. Residential construction in Atlanta topped $245 million in September, according to numbers that McGraw Hill Construction provided us. How did Atlanta compare with other metropolitan areas? See our graph

The Nation’s Top Cemetery Housing Markets – A Deathly Serious Affair

This is Halloween, and cemeteries and gravestones are among the most quintessential images of the season. But year-round, how many transactions are near these arguably creepy areas? We associate many images with Halloween: witches, jack-o-lanterns, vampires, werewolves, and of

Pending Home Sales Fall for Fourth Straight Month in September

New data from NAR shows that pending home sales continued their downward progression in September. Pending home sales fell once again in September, with the Pending Home Sales Index from the National Association of Realtors (NAR) falling 5.6 percent

NAR: Existing-Home Sales Dip Slightly in September

Existing-home sales declined a bit from August to September, though housing inventory continued to show promising signs. After hitting their highest level in nearly four years, existing-home sales came back down to earth in September, declining 1.9 percent to

New Home Data Coming to the MLS

Builders Digital Experience, Inc. (BDX), a joint venture between Move, Inc. and Builder Homesite, Inc., announced this month a unique partnership with nine multiple listing services – including Chicagoland’s Midwest Real Estate Data (MRED) – to provide new home

NAHB: Builder Confidence Wanes Somewhat in September

Builder confidence had been on a tear recently, but new data from the NAHB suggests a cooling off period. Builder confidence for the newly built, single-family home market stumbled a bit in October, with the National Association of Home

Are Zombies & Vampires a Problem in Our Housing Market?

What are Vampire REOs and Zombie Foreclosures? And what problems do they pose for the housing market? Last week, we reported on the latest National Foreclosure Report from CoreLogic, and the news was uniformly good: foreclosure inventory was down a

How Affordable Will Housing Be When Rates Hit 7 Percent?

Housing affordability has been on the decline this year, but by how much? And what will affordability look like when rates increase? It’s been an interesting year in the world of housing affordability. Record low mortgage rates and competitively

CoreLogic: Foreclosure Inventory Drops 33% in August

The nation’s foreclosure markets have been showing considerable improvement in 2013, but did that trend continue in August? The good news continued for the nation’s foreclosure markets, according to CoreLogic’s latest National Foreclosure Report, with foreclosure inventory, completed foreclosures

Consumer Caution Grows in Latest National Housing Survey

Consumer sentiment on the housing market has gone nowhere but up in the last few months, but does the latest survey from Fannie Mae suggest a slowdown? Baby, we had a great run. Though consumer confidence on the housing

How Much Do Homes Cost in Top Tier School Districts?

Strong school districts are often a top selling point for certain neighborhoods, but how do they translate to the median price of the area? It’s gotta be among the most common of questions that real estate agents receive –

CoreLogic: Home Prices Slow in August, Still Up 12.4% YOY

Though monthly home price growth slowed in August, it still posted strong year-over-year returns, according to CoreLogic. Well, the great home-price honeymoon may be drawing to a close. According to the latest Home Price Index from CoreLogic, home prices

NAR: Pending Home Sales Slow in August

Pending home sales were down in August, though they did retain their yearly returns. Tight levels of inventory, higher mortgage rates and rising home prices continued to impact pending home sales in August, according to the latest analysis from

NAHB’s Improving Markets Index Soars to 291 in September

The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the

Homeownership Rate Decreases From Five Years Ago

The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has

CoreLogic: Foreclosure Inventory Down 20 Percent in July

The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,

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