News / Features
Compass announced its new partnership with Waze. Starting in October of this year, Compass listings will appear on the app’s live map thanks to the new real estate smart signs. “We’re taking our mission the move with the help
After almost five years of record-low inventory and record-high prices, prospective homebuyers are finally experiencing some relief. Realtor.com released their September housing report which revealed that new listings to the housing market saw an 8 percent increase over this time last year. With 465,000
New construction homes continue to attract buyers as 38 percent of total buyers considered buying a newly constructed home over the past year, according to a report released by Zillow Group. However, only 11 percent purchased one. Zillow found
Fannie Mae named Hugh Frater as the interim CEO as Tim Mayopoulos announced he will step down next week on Oct. 15. In July, Mayopoulos announced he would be leaving his position at the end of this year. Frater
The Federal Housing Administration (FHA) issued this Friday that a new policy will be implemented on Oct. 1, requiring second property appraisal on loans previously indicated by the FHA as potentially having inflated property valuation from reverse mortgage lenders.
Heading into the end of a year filled with volatility, the mortgage lending industry continues to look at its present and future performance as a glass half-empty. According to the latest Mortgage Lender Sentiment Survey by Fannie Mae, the
Henry County could be the first in the nation to test a new pod-based transit system. Transit X, a mass transit company, proposed $1.4 billion at a recent town hall meeting in Stockbridge. Transit X said, if accepted, the
More national brokerages have announced plans to join other real estate firms like Zillow and Opendoor in piloting an instant-offer home listing service, often known as iBuying. On Sept. 25, Realogy, which owns major residential brokerages like Coldwell Banker,
The National Association of Realtors announced new additions to the senior leadership staff of its marketing and government affairs divisions. According to an Oct. 2 press release, the association named Victoria Gillespie as chief marketing and communications officer, effective immediately,
As home price growth slows, the percentage of homes that are going for above their asking price is decreasing. For the four weeks ending on September 23, Redfin found that only 22.9 percent of the homes sold for more than their asking
Harry Norman Realtors has joined forces with 11-agent Matt Hester & Associates to extend its services in East Cobb, as reported by Atlanta Business Chronicle. In 2017, Matt Hester & Associates secured over 100 transactions for a gross sales volume of approximately
While housing is still affordable on a national level, growth in household income is decelerating while gender and racial gaps persists. A new study by Free and Clear looked at data provided by the Census Bureau’s 2017 household income report
As home prices continue to rise across the country, homeowners appear ready to sell their homes. A record 77 percent of Americans believe that now is a good time to sell their home, according to the National Association of
The Federal Reserve attempts to regulate accelerated inflation by raising interest rates for the third time this year, as reported by HousingWire. The Fed’s key rates have increased by .25 percent, to a current total of 2.25 percent. This rate hike is now the eighth since 2015, as
Massachusetts Senator Elizabeth Warren introduced an expansive bill to Congress Sept. 26 that would fund a wide spectrum of initiatives to bolster housing finance and enable more Americans to become homeowners. Called the American Housing and Economic Mobility Act
The Atlanta-Sandy Springs-Marietta area was named on of the fastest growing housing markets, according to USA Today. After analyzing 25 metros across the country, the Atlanta area came in at No. 13. USA Today said while the median home
