National News

Smaller markets lead the way in Q1 home-price gains; Atlanta sees 25.4% rise

Seventy percent of the 185 metros surveyed by the National Association of REALTORS® saw double-digit price gains in the first quarter, compared to 66% in the preceding period. 

Atlanta ranked No. 1 investment target among global real estate investors

The pandemic has brought about a significant shift in real estate investment strategies, among them a keen interest in secondary U.S. cities like Atlanta. 

Dan Ryan Builders to rebrand

Parent company DRB Group is consolidating its five homebuilding units into two brands, DRB Homes and DRB Elevate.

Mortgage applications fall as rates hit 13-year high

Overall mortgage-application volume was at its lowest level since 2018, the Mortgage Bankers Association said.

New-home sales fall again in March

Low inventory and rising interest rates have reduced prospective homebuyer purchasing power. 

NAR data shows another dip in existing-home sales

Rising interest rates and home prices have taken a toll on would-be homebuyers’ purchasing power, leading to increased inventory and another monthly slowdown in sales. 

Overall new-home construction rises in March despite slowdown in single-family

Single-family home starts declined compared to February, while new apartment construction was up, according to government statistics.

HUD releases first Equity Action Plan

The U.S. Department of Housing and Urban Development has released its first Equity Action Plan, with the goal of narrowing the racial homeownership gap.

Builder confidence falls again as housing market faces ‘inflection point’

Builder sentiment has taken a hit from an unexpectedly sharp increase in mortgage rates and continued disruptions in the supply chain, according to the National Association of Home Builders’ monthly survey. 

Investor homebuying stalled dramatically in Q4 2021: a CoreLogic analysis

Investor activity showed early signs of slowing during Q4 of 2021, down from the historic highs seen in the second and third quarter, CoreLogic’s latest analysis reveals.

Rocket Cos. top-ranked real estate company in Fortune’s 100 Best Companies to Work For

Altogether, eight companies well known to members of the residential real estate community were included in the annual list. 

NAR files SCOTUS brief on floorplan copyright case

The National Association of REALTORS® has filed an amicus brief with the U.S. Supreme Court challenging a recent ruling by the United States Court of Appeals for the Eighth Circuit.

Residential Real Estate Council to provide MoxiWorks HR tools through Broker Solutions

The tools include MoxiEngage, a CRM specifically designed for real estate agents; MoxiPresent, a comparative market-analysis presentation tool; and MoxiHub, a brokerage intranet. 

Atlanta Housing Scorecard: Starts surge as existing-home sales, inventory fall

The most recent Atlanta Housing Scorecard shows significant improvements in unemployment, days on the market and housing starts.

Mortgage applications continue falling in latest weekly survey

The decrease comes as interest rates continue to climb, according to the Mortgage Bankers Association. 

Two more years until inventory bounces back, experts say

Housing inventory should reach pre-pandemic levels by the end of 2024, according to the results of Zillow’s latest Home Price Expectations Survey. More than 100 market experts and economists weighed in to predict upcoming trends.

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