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Real estate news in Atlanta

Don't Fret – Rising Mortgage Rates are NOT the End the World

Though some headlines on rising mortgage rates have bared apocalyptic overtones, the housing market has some room to spare on rate increases. Mortgage have ticked up in recent weeks, and already, the doomsday headlines (many of them broadcasting the

Don’t Fret – Rising Mortgage Rates are NOT the End the World

Though some headlines on rising mortgage rates have bared apocalyptic overtones, the housing market has some room to spare on rate increases. Mortgage have ticked up in recent weeks, and already, the doomsday headlines (many of them broadcasting the

Thousands Join Last Minute Rush to Register for MREDpalooza

With just a week to go, the rush is on to register for MREDpalooza, the real estate tech and training expo event of the year, taking place on June 18th in Rosemont, Illinois. Midwest Real Estate Data (MRED), Chicagoland’s

Foreclosure Markets Show Considerable Progress in April

The U.S. foreclosure markets made impressive strides in April, with completed foreclosures and foreclosure inventory both showing progress. 1.1 million – that’s the number of homes in the U.S. that were in some stage of foreclosure in April 2013,

Asking Prices Soar 9.5 Percent in Trulia Price Monitor

Asking prices exceeded rents for the second month in a row in the Trulia Price Monitor, with prices up in 98 of the nation’s 100 largest metro areas. It was another banner month for asking prices in May, with

CoreLogic Home Price Index Surprises with 12.1 Percent Jump in April

The CoreLogic Home Price Index surprised analysts with a stronger-than-expected, 12.1 percent hike in April, with even better numbers expected for May. The CoreLogic Home Price Index exceeded expectations again in April, with home prices leaping 12.1 percent year-over-year

Zombie Foreclosures & Boomerang Buyers: Latest Real Estate Trends?

Does new foreclosure slang fit in with the latest real estate trends? We’ve heard of “short sales,” “shadow sales” and “cure rate.” Now, two other phrases have been used to describe some of today’s real estate trends: “zombie foreclosures”

Existing-Home Sales Underwhelm in April?

Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent

This is How Gen Y Will Revolutionize Housing

Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is

How Hard is it, Really, to Get a Mortgage?

Is it still tough to get a mortgage? New numbers from the Federal Reserve offer an enlightening perspective on the issue. It’s the question on everyone’s mind, now that the housing market is on a slow, sustainable path to

Realtor Income Up 25 Percent in 2012

For the second straight year, both the income and business activity for Realtors increased in 2012, with incomes jumping by 25 percent. 2012 was a good year for Realtors, with both business activity and income up for the second

Illinois Foreclosure Activity Down 17 Percent in April

The news was relatively good for Illinois’ foreclosure markets in April, with foreclosure activity down by double-digit amounts. RealtyTrac’s U.S. Foreclosure Market Report for April was relatively kind to Illinois, showing the state’s foreclosure markets to be improving. Overall foreclosure

Majority of Americans Expect Home Prices to Increase

American consumers are growing more and more confident with the housing recovery, according to Fannie Mae’s latest National Housing Survey. More than half of American consumers expect home prices to rise within the next year, according to the latest

Pending Home Sales Index Affected by Low Housing Inventory

Though March’s Pending Home Sales Index from NAR was a positive one, it suggests the low housing inventory levels are affecting home sales at the contract level as well. Pending home sales rose by both monthly and yearly measures

Mortgage Delinquencies at Lowest Level Since 2008

A new Lender Processing Services study indicates that mortgage delinquencies and foreclosures are moving in the right direction The amount of mortgage delinquencies that were behind in their payments or in foreclosure is at its lowest level since 2008,

What Cities Do Foreign Homebuyers Want to Live in Most?

With the Internet, foreign homebuyers have never had it easier buying property in the U.S. But what cities do they favor the most? It was Thomas Friedman who famously stated that “the world was flat,” and his statement applies

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