News / Features

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This Week in Real Estate: New homes unveiled in Summerhill, affordable housing plans and more

Atlanta residents may be able to enjoy southern living with a new twist. Urban Purpose Design, a residential design group, recently unveiled their new “Scandinavian Modern” homes in Summerhill. “It is our answer to the complexities of custom modern

Home prices continue to rise while existing home sales slow, inventory tightens

Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and

Homeownership a higher priority for millennials than travel, marriage, children

Homeownership is the biggest priority for millennials, according to the latest Bank of America Insights Report. A little over 70 percent of those surveyed said homeownership is their top priority, outranking traveling (61 percent) getting married (50 percent) and

Real Estate in Brief: Sight-unseen offers decrease, Zillow names new head of federal government relations and more

Less homebuyers are making purchases on sights-unseen, according to Redfin. In a recent survey, only 20 percent of recent homebuyers made an offer sight-unseen compared to the 35 percent in 2017. In May, Redfin analysts noticed sight-unseen offers returned

Home prices level off as tight inventory continues to restrict home sales

Tight inventory leading to dropping home sales continues to be the song of Atlanta home sales, according to the September Atlanta Realtors report. Home sales fell 10.3 percent on a year-over-year basis in September, going from 4,843 homes sold

Top boutique agency Muffley & Associates Real Estate joins Weichert Realtors

Weichert Real Estate Affiliates, Inc. has announced their merger with one of Atlanta’s top boutique agencies, Muffley & Associates Real Estate. The new joint office was founded by Mikel Muffley and is now referred to as Weichert, Realtors –

See the cities with the highest immigrant populations

The United States currently has the highest percentage of immigrants since 1910 with 13.7 percent of the population being foreign-born. This has led to economic growth from 2011 to 2016 that accounted for much of the nation’s post-recession growth

The top 5 Atlanta suburbs for millennials

As Atlanta’s population continues to boom, the suburbs are becoming a more attractive option for many – including millennials. “Millennials continue to be the most active generation of buyers for five consecutive years now,” Bill Rawlings, senior vice president

Real Estate in Brief: Americans still want their dream home, July foreclosure rates on the decline, and more

Americans are fixated on owning their dream homes despite the current housing market trends, a new survey from the PenFed Credit Union National Mortgage Survey revealed. Over the next two years 37 percent of adults and 52 percent of

Zillow: Younger Americans more likely to use money for down payment over renovations

Two-thirds of homeowners would prefer to renovate their current home rather than make a down payment on a new one, according to a new report from Zillow. Overall, it seems that homeowners are happy with their current homes, with

Rising home values can help homeowners, but it may cost them

Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK f. But even though leveraging home equity into

This Week in Real Estate: MARTA approves new transportation project, Atlanta named best tech city and more

In a 10 – 0 vote, MARTA Board of Directors approved of the final version of the “More MARTA” plan, distributing $2.7 billion in Atlanta projects. As the largest transit expansion plan in decades, MARTA officials approved of new

Mary Jackson appointed as Cook & James’ market developer

Cook & James appointed Mary Jackson as their new market developer. Jackson, a former marketing manager at Elliott Wave International, will work with the firm to build web content, advertising and increase Cook & James’ social media presence. Founded

Compass partners with Waze to feature listings

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

Real Estate in Brief: Inventory on the rise, Green Bay Packers get building, Trump tax evasion and more

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

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What keeps buyers from new construction homes

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

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