National News

RE/MAX begins major push for new brokerages, layoffs to come with third-party tech adoption

The residential-brokerage franchisor announced a host of company-wide steps it is taking to grow its business. 

Showing activity drifts toward 2020 levels

A new report from ShowingTime reveals a continued drop in home showings nationwide: During May, buyer traffic decreased 18.2% year over year.

Georgia home price growth exceeds 20% in May, deceleration on the horizon

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.

Atlanta Housing Scorecard: Housing starts, existing-home sales on the decline

Housing inventory was also falling in the most recent Housing Scorecard.

10 markets where buyers retain an edge

Realor.com has compiled a list of the 10 markets where homes are lingering the longest — giving buyers a rare edge.

Housing inventory rebounds at record rate in largest metros, and Atlanta is on trend, Realtor.com reports

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.

Atlanta among cities with strongest price growth, according to new S&P CoreLogic Case-Shiller Index

What does the latest S&P CoreLogic Case-Shiller Index reveal about Atlanta real estate?

Pending-home sales post surprise increase in May 

The increase ends a six-month string of monthly declines, the National Association of REALTORS® said.

Surprise surge in new-home sales in May as median price falls 

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.  

Median existing-home price tops $400,000 for first time in May 

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 No. 1 nationally for iBuyer-service home sales

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.

Atlanta median sales price hits $400,000 for first time in RE/MAX survey

Home prices rose 3.9% month over month and 23.1% year over year to hit that milestone, RE/MAX said.

Housing starts plunge in May amid uncertain economic conditions 

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Fed hikes interest rates 0.75% — what it means for real estate

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

Compass and Redfin announce layoffs

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Is the ‘lumber bubble’ finally bursting?

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

New Subscribe

  • This field is for validation purposes and should be left unchanged.