National News

Average mortgage rate drops to lowest level in more than a year

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

What you need to know when NAR’s new rules start Aug. 17

NAR’s commissions lawsuit settlement includes some nuances important to know for buyer’s agents, seller’s agents and clients. 

Atlanta Housing Scorecard: Starts, existing sales dip

At the same time, housing inventory increased, and days on market remained flat.

Pending home sales regain upward momentum in June

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

Housing data still leans in favor of sellers, REALTORS® Confidence Index shows

Just 13% of respondents expect an increase in buyer traffic in the next three months.

Atlanta ranks fourth for home sales in June

The city moved up one spot from its May ranking, despite a significant drop in sales, according to RE/MAX.

Atlanta ranks No. 2 for renters

The city moved up two spots in RentCafe’s annual study. 

Atlanta remains among top 10 large U.S. cities for coworking space in Q2

Atlanta ranked No. 7 for the number of coworking locations and No. 8 for coworking square footage, CoworkingCafe said. 

Guaranteed Rate rebrands itself as Rate

The new name conveys a “concise, modern identity,” the company said.

Atlanta 8th-best city to be a Realtor

Clever Real Estate ranked Atlanta No. 8 among major U.S. markets, citing home values, commission rates and the relative ease of obtaining a real estate license. 

U.S. housing deficit grows to about 4.5 million homes

In Atlanta, the 2022 shortage was more than 65,000 homes, a 3.3% increase from 2021.

Atlanta ranks fifth in U.S. for home sales in May

The city also ranked fifth for year-over-year increases in new listings, RE/MAX said, citing its National Housing Report. 

Atlanta is runner up for new grads launching careers

The city dropped from its No. 1 ranking in the most recent annual survey by CoworkingCafe due to a relatively high unemployment rate for 20-somethings. 

Atlantans are spending big money on home renovations

Pro Tool Reviews analyzed home-renovation spending across the U.S. and determined that Atlantans spent $12.9 billion on home improvements over the last two years, just behind San Franciscans, who spent $13 billion.

Guaranteed Rate raises more than $1 million for military nonprofits

The money raised will go to nonprofit organizations that support the U.S. military community.

Atlanta Housing Scorecard: Starts and sales rise

At the same time, days on market and housing inventory fell.

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