News / Features

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

Hugh Frater announced as Fannie Mae interim CEO beginning next week

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

Real Estate in Brief: New policy on reverse mortgages, annoying neighbors, and more

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.

Lender sentiment slips amid growing competition and savvy borrowers

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

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This Week in Real Estate: Henry County could test new pod-based transit system, a new neighborhood and more

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

Realogy to test iBuyer service in Atlanta

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,

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NAR names new marketing, government affairs leaders

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,

The share of homes selling above list price continues decline, now below 2016 levels

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

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