National News
An analysis by iBuyer Opendoor found that the most highly searched ZIP codes in Atlanta were far outside the city center.
Homeownership remains a cheaper option than renting in the majority of areas, according to a new study by ATTOM Data Solutions.
Taylor Morrison topped Lifestory Research’s annual list of America’s Most Trusted® Homebuilders — for the seventh consecutive year.
At the same time, the average 30-year fixed-rate mortgage rose to 3.33%, its highest level since April 2021, the Mortgage Bankers Association said.
Inflation concerns are influencing plans for homebuyers and sellers, according to a recent Redfin survey.
Atlanta took seventh place, while Tampa, Fla., was ranked first.
Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
The year ended with days on market falling to 49 from 61, while sales of existing homes plunged on an annual basis.
“There was less pending home sales action this time around, which I would ascribe to low housing supply, but also to buyers being hesitant about home prices,” National Association of REALTORS® chief economist Lawrence Yun said.
2021 was a wild year for real estate, and Atlanta Agent covered it all, from zombie foreclosures and court rulings to the travails of Zillow offers. Take a look at which stories from the year generated the most interest with our readers.
The median sales price of new homes hit a new high of $416,900.
The median existing-home sales price for all housing types rose again on an annual basis, marking 117 consecutive months of gains.
“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey
The partnership will help potential homeowners find down-payment assistance programs to make homeownership more attainable, especially for first-time buyers.
LoanSnap said it used its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.
“November’s housing starts report signals strength for the housing market.” — First American deputy chief economist Odeta Kushi
