Local News

Real estate news in Atlanta

Taxpayer Deductions Quite Level Across Atlanta Area

Deductions are a big part of homeownership; how common are they here in our local marketplace? If you know homeownership, you know the mortgage interest tax deduction, the great grandmaster of tax deductions in the U.S. Indeed, homeownership and

Housing Inventory in Atlanta Continues to Increase

It’s been a verifiable roller coaster ride the last couple years when it comes to housing inventory, but are we finally out of the woods? Housing inventory in the Atlanta housing market rose a very encouraging 14.5 percent year-over-year

Atlanta Nation’s Most Sprawling Urban Area

In the age of new urbanism, where does our metro area rank in terms of density and sprawl? “Density” and “sprawl” have become big buzzwords in housing the last couple of years, and for good reason. With gas prices,

All-Cash Sales in Atlanta Remain Quite Prevalent

The housing market has made considerable strides in the last 18 months, but all-cash sales are still in abundance. We’ll cut to the big stat – in Jan. 2014, the latest month for which data exists, 35.2 percent of

The Relative Rarity of Million-Dollar Listings in Atlanta

Sure, our area has some wonderful luxury housing markets, but in the grander scope of the market, how common are those million-dollar listings? We may hear about luxury real estate on a consistent basis, but luxury listings in the

Atlanta Asking Prices, Rents Continue Strong Increases in March

March was another solid month of price increase in the for-sale and rental markets, both locally and nationally. Atlanta’s asking-price fortunes continued in March, according to the latest Price Monitor from Trulia, with asking prices in the area’s housing

Very Few Atlanta Homes Affordable on a Median Salary

Affordability is often crunched into a single number, but how does it differ across the spectrum of salaries? Atlanta’s housing market may be relatively affordable, but it only goes so far for someone earning a median salary. That was

Luxury Townhomes Coming Soon To Seven Norcross from The Providence Group

The Providence Group of Georgia, LLC have recently announce it’s plans for construction of several townhomes in the upcoming community of Seven Norcross. The homes will be priced from the $300,000s and will feature open home designs in the

CoreLogic: Foreclosure Markets in Atlanta Improve Radically

There are many uncertainties in the world, but here’s one thing we know for sure – progress has been made on the foreclosure front. Foreclosure inventory in the Atlanta-area housing market plummeted 48 percent year-over-year in February, according to the

Despite Price Gains, Atlanta’s Housing Market Still Quite Undervalued

Our local market has made quite a bit of progress since 2011, but it still hasn’t reached the promised land. Housing bubble talk has grown strangely common the last few months, what with home prices nationally posting double-digit increases from where

Reis: Atlanta Rents Up 3.6% From Last Year

In the last four years, the U.S. apartment vacancy rate has been cut in half; what’s happened at the local level? Reis, Inc. released its latest report on the nation’s rental markets yesterday, and it featured a stunning statistic:

Atlanta Home Prices Up 16.7% in CoreLogic HPI

Home prices continued their ascent in February, according to the latest index from CoreLogic. Home prices in the Atlanta area increased 16.7 percent year-over-year in February, according to the latest Home Price Index from CoreLogic. That yearly total was

How Much Square Feet Does $1 Million Buy You in Atlanta?

$1 million is a great deal of money…or is it? How much does $1 million really buy you in today’s real estate markets? How much housing does $1 million really buy you? That was the question behind a recent

Inventory in Atlanta Hops 9% in February

Housing inventory has been a most blue of topics for our local market, but have things finally turned around? We keep hearing reports that the nation’s housing inventory has turned the corner, but how true is that in our

Residential Construction in Atlanta Tops $342 Million in February

We keep hearing about the nation’s residential construction market, but what about our local market? The nation’s residential construction market has been receiving (justly, we should add) quite a bit of attention from analysts and housing professionals alike, and

Atlanta Home Price Gains Among Best in U.S. in Case-Shiller

It was a grand month for home prices in the Atlanta area, according to the latest Case-Shiller. January was a most contradictory month for home prices in the Atlanta area, according to the latest Case-Shiller Home Price Indices from Standard &

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