National News
In honor of Embrace Your Geekness Day — July 13, apparently — Lawn Love has compiled a list of the geekiest cities in the U.S. Atlanta ranks at No. 4.
According to the annual survey, the typical Realtor saw their transaction sides rise from 10 to 12 and their sales volume increase from $2.1 million to $2.6 million.
The residential-brokerage franchisor announced a host of company-wide steps it is taking to grow its business.
A new report from ShowingTime reveals a continued drop in home showings nationwide: During May, buyer traffic decreased 18.2% year over year.
Prices for single-family homes in Georgia increased by 23.8% year over year in May, marking the seventh-highest home price growth in the nation.
Housing inventory was also falling in the most recent Housing Scorecard.
Realor.com has compiled a list of the 10 markets where homes are lingering the longest — giving buyers a rare edge.
The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.
What does the latest S&P CoreLogic Case-Shiller Index reveal about Atlanta real estate?
The increase ends a six-month string of monthly declines, the National Association of REALTORS® said.
New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®.
Atlanta topped the list with 1,628 iBuyer home sales in the first quarter, accounting for 6% of home sales in the market over that period.
Home prices rose 3.9% month over month and 23.1% year over year to hit that milestone, RE/MAX said.
New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report.
The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?
