National News

The racial gap in homeownership rates endures 55 years after the Fair Housing Act

Nearly 55 years after the Fair Housing Act was signed into law, Black homeownership still lags behind white homeownership.

Zillow: Regrets from first-time sellers

Many feel they could have made a higher profit if they’d made better decisions. But are those regrets valid?

Atlanta ranks seventh by home appreciation over last 5 years 

Boise, Idaho, topped the rankings in a new report by MyEListing. 

Alpharetta ranks No. 9 for suburban coworking 

The Atlanta suburb tied for ninth place with the Seattle and Dallas suburbs of Tacoma, Washington, and Irving, Texas, respectively, with 14 coworking facilities. 

Pace of annual home-price gains slows in latest Case-Shiller; Atlanta sees 10.4% increase 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

NAR: Pending-home sales jump in January 

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

New-home sales jump 7.2% in January 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

FHA cuts mortgage insurance premium, touts expected savings for homebuyers 

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

Mutual of Omaha Mortgage acquires Keller Mortgage 

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage’s existing mortgage divisions. 

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

Mortgage applications decline after rate increase 

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

Builder confidence jumps in February 

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

NAR Relief Foundation seeks to raise $5 million in 2023 campaign 

The REALTORS® Relief Foundation works to provide housing relief to victims of natural disasters. 

Atlanta ranked ninth-best capital to live in 

WalletHub cited the city’s relatively high quality of life and economic well-being. 

MBA: Mortgage applications jump on lower rates 

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said. 

Housing starts, existing-home sales slide

Housing inventory and days on market both increased in this edition of the Housing Scorecard.

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