National News

HomeSmart acquires Solid Source Real Estate 

The acquisition of the Roswell-based brokerage brings about 2,000 Atlanta-area agents into HomeSmart’s ranks. 

New-home sales rise in December 

The median sales price of a new home was down on a monthly basis but up on an annual one. 

NAR: Existing-home sales dip 1.5% in December 

House prices, however, continued to rise, marking the 130th consecutive month for price gains, the longest streak on record, the National Association of REALTORS® said.   

Home prices increase as falling mortgage rates attract buyers

More buyers have entered the market in the past four weeks as mortgage rates fell.

Single-family starts, builder confidence rise 

The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index. 

Atlanta ranks No. 9 on Zillow’s hottest markets for 2023 

The city’s relative affordability in today’s high interest-rate environment helped put it on the list. 

SP200 ranks the most-powerful people in residential real estate in 2023 

HomeServices of America President and CEO Gino Blefari took the top spot on the annual list. 

Study: Real estate, rentals contribute most to Georgia GDP 

The sectors were followed by manufacturing and finance and industry according to a study by the business-credit firm Capital on Tap. 

Loganville, Cumming and Sewanee named to Opendoor’s 20 hottest ZIP codes 

The exurbs were ranked 12th, 15th and 16th, respectively. 

America’s Most Trusted® study: Which homebuilders topped the list for 2023?

For more than 10 years, Lifestory Research has released its highly anticipated study: America’s Most Trusted®. And the 2023 results are in.

Compass announces third round of layoffs 

The brokerage said its technology team, which was most affected in the previous round of cuts, will not be impacted this time. 

CoreLogic: Annual home-price growth rate slows to 2-year low 

Geographically, the largest home-price increases took place in the Southeast, led by Florida (18%), South Carolina (13.9%) and Georgia (13.6%), CoreLogic reported, citing its November Home Price Insights report.    

Newmark launches single-family rental group  

The move comes despite a slowdown in the single-family rental market. 

CoreLogic: Mortgage delinquencies are down

Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon.

NAR: Pending-home sales slide for sixth month in a row in November 

Regionally, the pending-sales index fell 7.9% month over month in the Northeast, 6.6% in the Midwest, 2.3% in the South and 0.9% in the West. 

New-home sales rise again in November 

At the same time, the median sales price of a new house slid to $471,200 from $484,700 in October and $430,300 a year earlier, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

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