News / Features

Brock Built Homes purchases 40 acres for West Highlands new phase

Last month, Brock Built Homes paid approximately $5 million for more than 40 acres on the west side of the city. Located near Proctor Creek, the sprawling CSX Corp. train terminal and the planned Westside Reservoir Park, the acquisition

Most consumers would wait up to 3 months before cutting the price on their home

Home prices across the U.S. have been rising faster than inflation and average wages for several consecutive years, although in some cases, that trend is beginning to slow or even reverse. That may be due to homeowners getting more

Peachtree Corners may get 153 new townhomes

A new, 153-unit townhome project is coming to one of Atlanta’s oldest neighborhoods, Mechanicsville. The project is proposed for an assemblage of 20 acres along Jones Mill Road at Florida Avenue, according to the Atlanta Journal-Constitution. On July 16,

Mortgage delinquencies hit historic lows

Loan delinquency rates hit their lowest level in 20 years this past April, according to a new report from real estate data firm CoreLogic, showing that American homeowners continue to thrive about a decade after the housing market’s near-collapse. The report

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Midyear job gains encouraging, particularly for construction

While casual observers might have been expecting dismal numbers in the latest jobs report from the Bureau of Labors Statistics following expectedly soft figures in May’s report, Friday’s jobs report was actually pretty encouraging. The total nonfarm job count

How a big fee hike turned into a break for vets

This Fourth of July, the mortgage industry has good news for veterans in high-cost real estate markets. Thanks to the Blue Water Navy Vietnam Veterans Act, recently signed into law by President Donald Trump, veterans who secure loans through

Taking a look at mayor Bottoms’ affordable housing plan

Just last week, Atlanta Mayor Keisha Lance Bottoms announced that she was putting one of her central campaign promises into action. The document is a citywide affordable housing plan that invests $1 billion in public and private funds to

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Where Atlanta’s world-class traffic congestion ranks nationally

Traffic: It’s everybody’s worst nightmare, especially for those who have a daily commute in or around the metro Atlanta area. A recent story in Business Insider ranked Atlanta as No. 6 on a list of the top 50 worst

Zillow home value estimate adds new AI capabilities

Zillow’s trademark “Zestimate” feature, which lets homeowners and prospective buyers see the estimated value of almost any residence, has been upgraded to incorporate artificial intelligence and machine learning capabilities that the company says will improve accuracy. According to a

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This week in Atlanta real estate: a rare condo stack, $100 million mixed-use project and more

Luxury condo tower near the Beltline features 10 full-floor residences Ten exclusive 3,400 square foot full-floor residences are planned to rise just steps from the Eastside BeltLine and Old Fourth Ward Park. Originally outlined as a 21-story luxury condo

Mortgage update for the week of June 24

Mortgage application activity remains strong The number of mortgage applications submitted during the week ending June 21 grew 1.3 percent compared to the prior week, according to the Mortgage Bankers Association’s weekly survey. Growth in refinance applications was somewhat stronger

Real estate in brief: Executive orders, home values and more

Trump prioritizes affordable housing with executive order President Trump signed an executive order June 25 to propose “eliminating regulatory barriers to affordable housing.” Secretary Ben Carson of the U.S. Department of Housing and Urban Development will chair a new

These are the top issues impacting real estate in 2019

The Counselors of Real Estate, an international organization for commercial real estate professionals, ranked what its membership body recently voted on as the current and emerging issues it expects to have the most significant impact on real estate.  Topping

May pending sales report adds to positive summer housing forecasts

Less than a week after the National Association of Realtors reported stronger than expected existing-home sales for the month of May, there’s more good news for the U.S. housing market. NAR’s Pending Home Sales Index for May came in

How inequality is distorting the housing market

The Joint Center for Housing Studies at Harvard University (JCHS) recently released its annual State of the Nation’s Housing report for 2019. For more than 30 years now, JCHS has put out a comprehensive report on trends in the

Lennar considering 113 townhomes on former Fort Mac site

Florida-based homebuilder Lennar Corp. intends to buy 133 homesites on the grounds of Fort McPherson, a decommissioned Army base in southwest Atlanta. The builder signed a letter of intent to buy the sites from master developer Macauley Investments earlier in

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