National News

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.

Realtors are writing listings with AI… Can you spot the difference?

The AI program ChatGPT creates home listings with desired industry lingo, dropping real estate buzzwords with apparent ease. Can you tell the difference?

Atlanta ranked 5th-smartest U.S. city 

The city tied for second-place with Austin, Texas, in a ranking of U.S. and European cities’ green infrastructure. 

Redfin: Housing market has started to recover

Homebuyers are returning, but sellers still aren’t filling the need as inventory remains low.

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. 

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