News / Features

Trulia Neighborhoods launches to provide crowdsourced localized information

Trulia is launching a new tool to help buyers, renters and agents learn about an area with their new feature – Trulia Neighborhoods. The new tool, which is available both online and as a mobile app, is a crowdsourced

Real Estate In Brief: Home improvement spending, Realtors on TV and more

Homeowners appear to be spending more on maintenance and remodeling projects, reflecting an increasing preference in getting more life out of a home rather than trading up for a new one. According to a report from BuildFax, which aggregates

RE/MAX: Home sales grow in July after months of declines

After months of declines, Atlanta home sales saw a slight increase in July on a year-over-year basis, according to the latest report from RE/MAX Georgia. Home sales in the Greater Atlanta area grew 2 percent from 8,829 in July

HUD files housing discrimination complaint against Facebook

The U.S. Department of Housing and Urban Development (HUD) filed a discrimination complaint against Facebook Aug. 17. HUD claims that the company violated the Fair Housing Act by allowing landlords and home sellers to target or exclude users from

This Week in Atlanta Real Estate: Unemployment hits 17-year low, homeowners are looking to move and more

Georgia’s unemployment rate fell to its lowest point in 17 years, to 3.9 percent in July. The unemployment rate sat at 4.1 percent in June and 4.6 percent in July 2017. Georgia added 5,300 jobs last month with the

US housing stock ages as construction backlog grows

More Americans are becoming homeowners, particularly young adults. But the homes they are living in are generally older. Data from the U.S. Census Bureau’s most recent American Community Survey showed that in 2016, the median age of all owner-occupied

US foreclosure rate falls to 12-year low as borrowing grows

Two reports on the state of housing finance this week show that mortgage borrowers are still faring well financially despite some recent economic headwinds. The national foreclosure rate reached its lowest point since 2006, according to a report on May

Compass expands to Atlanta

Compass announced today that it will be expanding its nationwide brokerage to Atlanta. The company’s first area brokerage will be led by Jim Getzinger and Jere Metcalf, previously of Atlanta Fine Homes Sotheby’s International Realty, along with Jason Wieloch, previously

HUD looks for public comments on possible fair housing rule changes

The Department of Housing and Urban Development recently announced that it is looking for public comments regarding plans on “streamlining” the Affirmatively Furthering Fair Housing Rule, an Obama-era rule on desegregation. The rule was designed to help cities and

NAR secures ‘a big win’ on new tax break for agents

Updated guidance from the IRS related to federal tax cuts passed at the end of 2017 confirmed that many real estate professionals should be able to claim a substantial income deduction once they file their 2018 tax returns, in

See how the Atlanta area demographics have changed

The nation experienced a certain shift age distributions over the last decade. With Baby Boomers moving on to retirement, Millennials and Gen Xers began to make up the working population. To determine where the different demographics are more present,

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Amidst CEO shakeup, Atlanta Beltline provides affordable housing update

Last week the Atlanta Beltline named Clyde Higgs as the interim CEO after the departure of Brian McGowan. McGowan announced that he would be leaving for Seattle to become the CEO at Greater Seattle Partners. With the recent departure,

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Construction industry job openings reach post-recession high

For those under the age of 24, a career in construction is an unlikely reality and an even rarer goal. According The Wall Street Journal, many parents these days may feel they have failed their child if they do

Luxury market sees record growth in July

As the homebuying season reaches its peak for the year, sales in the luxury market continued to grow at a record pace last month. Prices in 19 major luxury markets saw double digit growth, according to the realtor.com 2018

Real Estate in Brief: Millennials want to buy but worry about prices, Spruce raises $15.6 million and more

Millennials want to buy a home, but they continue to view homeownership as unattainable during today’s period of rapidly increasing prices and increasingly limited inventory across the market, according to the CoreLogic Home Price Index (HPI) and HPI Forecast

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Best Atlanta suburbs for millennials ranked

Niche recently ranked the best suburbs in Atlanta for millennials based on median housing and rent prices, income and safety. North Druid Hills ranks No. 1 according to Niche, with an overall grade of “A” and with special attention

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