News / Features

How the luxury market is shifting across the country

Millennials have begun to monopolize the home-owning population, and as a result, new cities across the country are transforming into some of the hottest luxury markets for the first time. The Institute for Luxury Home Marketing just released their

This Week in Atlanta Real Estate: Rapper T.I. invests in his local neighborhood, record breaking sales and more

Atlanta native Clifford Joseph Harris Jr., better known as T.I., is working on reshaping his hometown in Center Hill. In a recent interview with Inc. Magazine, Harris discussed the importance of improving his childhood neighborhood, which currently lacks amenities

How millennial buyers drive the housing market

As millennials begin to enter the housing market, they are becoming the driving force, with millennial buyers making up 42 percent of the it. MetroStudy partnered with Zillow to discover and analyze trends in the housing market among the

US home sellers earned an average of $39,000 in 2017

The average home sale in 2017 generated roughly a $39,000 profit for the sellers, based on recent sales price data as well as historical home prices from Zillow. But after accounting for inflation over the typical time between sales

More homeowners are investing in renovations to help boost resale value

The most popular home renovation projects, like kitchen and bathroom remodels, are the ones that contribute the most to a home’s increased resale value. In fact, two-thirds of renovating homeowners are focused on increasing home resale value, according to

Pending home sales continue to fall in May

For the fifth straight month, pending home sales have fallen, down 2.2 percent from last year, according to the National Association of Realtors (NAR). Pending home sales in May decreased 0.5 percent to 105.9 from 106.4 last month. The reason

Atlanta to surpass Philadelphia in population within five years

Earlier this year, the Atlanta-Sandy Springs-Roswell metropolitan area was ranked the No. 3 fastest growing metro area in the country based on data from the U.S. Census Bureau. New U.S. Census data reports that the Atlanta metro area will

Housing and economic outlook shows optimism in housing market

The majority of Americans are still feeling good about the housing market, according to the National Association of Realtors’ Housing Opportunities and Market Experience survey for the second quarter of 2018. The HOME survey found that 68 percent of surveyed

Real Estate in Brief: ShowingTime reports slowdown in showings, eXp Realty expands and more

The May 2018 ShowingTime Showing Index report was recently released, which analyzed the traffic per residential property for sale by agents and brokers. A higher number means that an average home saw more visits from potential buyers this month.

See which paint colors can help boost sales prices

Choosing paint colors is perfect way to reflect your style onto your home. But, when it comes time to sell, the colors you chose may not appeal to potential buyers. Zillow is here to help with their 2018 Paint

Urban growth rate catching up to the suburbs

Contrary to previous housing trends, urban neighborhoods have seen an increasingly fast growth rate, comparing closely with the rate at which suburban areas are growing, according to a study by Urban Land Institute. The report analyzes different types of

Atlanta ranked No. 7 highest-growth real estate market

In a recent ranking of the 10 highest-growth real estate markets of 2018, Atlanta has ranked No. 7 in the country. Roofstock analyzed employment growth and expansion of the prime renter cohort — primarily millennials age 20 to 34

HGTV highlights the top luxury homes around the world

It’s HGTV enthusiasts’ favorite time of the year, when they’re able to get a taste of the luxury life by casting their vote for their favorite exotic homes. HGTV and Luxury Portfolio International have teamed up in search of

This Week in Atlanta Real Estate: Potential personal rapid transit, park grants and more

VHB announced a study to determine transit models for the city’s Aerotropolis Atlanta project, according to Curbed Atlanta. The AeroATL project began in 2015 with the Aerotropolis Atlanta Alliance, who had a goal to turn Atlanta’s Hartsfield-Jackson International Airport

Zillow incentivizes builders through Group Advantage Program

The benefits from Zillow’s Promoted Communities advertising program got a little bit sweeter last week. Zillow Group’s new Group Advantage Program allows customers of the Promoted Communities and Promoted Homes platforms to improve their listing content through an array

RE/MAX: Days on market sets near record low

The latest U.S. home sales report from RE/MAX shows that buyers are snapping up homes in near record time. Across 54 metro areas included in the survey, listings lasted only 46 days on average before being placed under contract. Only

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