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The stock market rallied today on news that touches both real estate and Atlanta in particular. The Labor Department reported today that non-farm payrolls increased by 312,000 in December, easily topping expectations, and average hourly earnings rose 3.2 percent from
The partial shutdown of the federal government continued into its 13th day as the House of Representatives’ new Democratic majority was sworn in Jan. 3. With scarce hope for a quick resolution to the funding lapse, federal agencies continue
\ No piece of financial legislation can benefit all players, but it’s clear that the Tax Cuts and Jobs Act of 2017 is having widespread impact on residential real estate across the country. Case in point: Williamson County, Tennessee.
Editor’s note: This story has been updated from the original to reflect FEMA’s policy change. The ongoing shutdown of parts of the federal government will have a minimal impact on home sales that require flood insurance, thanks to the
In a white paper released Thursday, Freddie Mac did a deep dive on single-family rentals (defined as detached homes, townhomes and two- to four-unit properties) and found demand for these rentals to be higher than expected in Atlanta. Part
A new white paper by Freddie Mac outlines the significance of single-family rentals to the U.S. rental housing market, highlighting a dearth of financing options for the bulk of investors who own such housing. According to the paper, SFRs,
Several cities that were widely favored, but ultimately passed up, during Amazon’s highly publicized search for its second headquarters experienced what some called the “Amazon effect”: More businesses showed interest in relocating to cities like Atlanta after Amazon announced
Saving for a down payment remains among the biggest hurdles to homeownership, especially for young or first-time buyers. But it seems down payment expectations are changing, including the long-held 20 percent standard. A recent report from Zillow found that
Conditions continue to improve for homebuyers in many of the largest U.S. cities, according to recent data from S&P CoreLogic’s Case-Shiller National Home Price Index and Redfin. The latest reading of the closely watched Case-Shiller index found home price growth
More changes are coming to Midtown’s skyline in 2019, starting as soon as January. Selig Enterprises announced Dec. 20 that it would be starting construction next month on its project at 1105 West Peachtree, which will include a new
During their final policy meeting of 2018 this week, Federal Reserve officials voted unanimously to continue the central bank’s pace of gradual interest rate increases. As was widely expected, the Fed announced at the conclusion of its Federal Open
The National Association of Realtors reported Wednesday that existing home sales in November were up 1.9 percent from the previous month. That makes November the second consecutive month of increasing home sales as prices continue to moderate and listings
The number of sales this November may be down, but the Atlanta-area properties that are selling are going faster and for more money than they were last year, according to RE/MAX Greater Atlanta Area’s Housing Report, released Tuesday. While
The holiday season is all about finding the best deals on gifts for friends and family, but it may also be one of the best times to find a bargain on the biggest purchase most of us will ever
One of the biggest threats to the U.S. real estate market next year will be a familiar one, according to Freddie Mac economists: a lack of inventory due to sluggish building activity. In its latest Insight Report, Freddie Mac
Home buyers may find their options are a bit slim this winter, but compared to last year, housing supply is noticeably more plentiful. Last month, total housing inventory increased 10 percent compared to the previous November. Atlanta area housing
