National News

Coldwell Banker Affiliates names Jason Waugh president

Waugh most recently served as president and CEO of Berkshire Hathaway HomeServices Northwest Real Estate and Berkshire Hathaway HomeServices Real Estate Professionals.

MBA: Mortgage apps rise on increase in ARM activity

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

Homebuyer pessimism hits all-time high

More than eight in 10 Americans think it’s a bad time to buy a home, according to a new survey from Fannie Mae.

Major real estate brands open option for agents to leave NAR

Agents from CENTURY 21, Coldwell Banker, ERA, Sotheby’s International Realty, Corcoran and Better Homes and Gardens Real Estate — and RE/MAX — will all have the option to leave NAR pending new settlements.

Opendoor and eXp Realty partner for ExpressOffer platform

eXp Realty partnered with real estate technology company Opendoor to integrate an application programming interface into its ExpressOffers platform.

GAMLS joins NC, SC and Tennessee MLSs to form Southeast MLS Alliance

The four founding members — Georgia MLS, Canopy MLS, Charleston Regional MLS and Realtracs — together serve more than 100,000 real estate agents in more than 11,000 offices. 

Redfin to cut ties with NAR, citing recent sex harassment claims

Redfin said it will require many of its agents to leave NAR and the association has “forced an all-or-nothing choice on us,” and it would therefore “choose nothing.”

The most-expensive home for sale in Georgia

Located at 4665 Riverview Road in Sandy Springs, the 17,776-square-foot Chestnut Hall is the most-expensive home for sale in Georgia.

NAR: Pending-home sales fall 7.1% on high interest rates

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Atlanta’s housing market increases slightly in value

Atlanta’s housing market is currently valued at $717.8 billion, according to a new study by Zilllow. That places the metro at No. 17 in the U.S. — even as Atlanta shows year-over-year value gains.

NAR: Existing-home price rises again as sales continue to slide

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

Avondale Estates again ranked among family-friendliest U.S. cities

Opendoor’s second-annual ranking of family-friendly cities gives the Dekalb County burg high marks with a No. 15 spot. 

CoreLogic: Home-price growth picks up speed in July

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

Luxury Presence launches Presence Copilot with Dawn McKenna

“I started building this app to give my team a competitive advantage,” McKenna said. But now, she is excited to share the app with the public.

NAR: Pending-home sales post second monthly increase in a row

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

Case-Shiller: Home-price index just 0.02% off 2022 peak; Atlanta sees 2.1% gain

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

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