News / Features

This Week in Atlanta Real Estate: Legislators pass regional transit plan for metro Atlanta

The Georgia state legislature passed legislation to establish a regional transit governance, which includes $100 million that will be used for the expansion of transit in the Atlanta metropolitan area. The region’s transit systems — including MARTA, CobbLinc, Gwinnett

US pending home sales rose in February

National pending home sales increased 3.1 percent from January to February, according to the Pending Home Sales Index from the National Association of Realtors. Despite this increase, the index is still down 4.1 percent from last year to 107.5, likely held

Facebook sued for housing discrimination

The National Fair Housing Alliance (NFHA) filed a lawsuit against Facebook in federal court on March 27, claiming the company’s advertising platform “enable[s] landlords and real estate brokers to bar families with children, women, and others from receiving rental

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NAR survey reveals dichotomy between housing, economic sentiment

The number of households feeling confident about the economy and their current financial situation is decreasing, which directly impacts their housing sentiments, according to the National Association of Realtors’ Housing Opportunities and Market Experience (HOME) survey. Homeowners are increasingly positive about

Rhonda Smith joins invitation-only Haute Residence

Prominent real estate agent Rhonda Smith joined the invitation-only, Haute Residence, an exclusive network of top brokers this week. The exclusive network welcomed Smith as the agent for the high-end real estate market in Madison and around the pristine

Homebuyers gear up for a competitive spring market

The spring buying season is expected to be driven by record-breaking inventory lows and a flood of buyers, including those who were unable to snag a home last year. According to a new realtor.com survey of active buyers, this season is

Homeowners have gained the highest amount of equity in four years

The average American homeowner gained about $15,000 in home equity in 2017 — the most since 2013, according to the latest CoreLogic Equity Report. Higher home-equity wealth typically promotes higher spending, and IHS Markit analysis predicts that a gain

Atlanta named third-fastest growing metropolitan area in country

The Atlanta-Sandy Springs-Roswell metropolitan area was ranked the No. 3 largest-gaining metropolitan area in the country, according to data from the U.S. Census Bureau. The Atlanta metropolitan area saw a population increase of 89,013 from 2016 to 2017 to more

Starter home market is worst of all housing segments

The starter home sector is faring worse than the housing market as a whole, according to a recent report by Trulia. Despite overall housing inventory being up 3.3 percent, starter home inventory decreased 14.2 percent from last year to this

This Week in Atlanta Real Estate: Former NFL linebacker selling $3.2 million home in northeast Atlanta

Former NFL linebacker Julian Peterson is selling his 11,210-square-foot Atlanta home for $3.2 million. According to Realtor.com, the Mediterranean-style abode has an assortment of features and amenities including six bedrooms, 11 baths, home theater, sauna, indoor and outdoor fireplaces, casino area with

The effect of tax reforms on homeownership

The recently passed Tax Cuts and Jobs Act of 2017 makes significant changes to tax benefits for homeowners, including decreasing the limit on borrowing subject to the mortgage interest deduction from $1 million to $750,000, and capping deductions for both

Almost 100,000 members of Generation Z own homes

More than 99,000 members of Generation Z — those born in 1995 or after — have mortgages, according to credit agency TransUnion. While this is less than than every other generation — compared to more than 12 million millennials, nearly 24

After two months of declines, US existing-home sales increase in February

After two consecutive months of decline, existing-home sales around the country rebounded by 3 percent from January, according to the National Association of Realtors. Existing-home sales grew from 5.38 million in January to 5.54 million in February and are currently up 1.1 percent

Atlanta area home sales and median sale prices rising faster than national average

According to the most recent data from RE/MAX Georgia, February home sales and median home sale prices increased faster in the Atlanta area than the national average. Home sales in the Atlanta area increased 1 percent to 5,759 in

Five great Atlanta neighborhoods for first-time homebuyers

Last year, more than 2 million new or existing homes were purchased by first-time homebuyers. In fact, the number of homes purchased by first-time buyers increased nearly 7 percent from the same time in 2016, making 2017 the best

Real Estate in Brief: Affordable 3-D printed home makes its debut at SXSW

Source: ICON A Texas-based startup is attempting to tackle the affordable housing issue with a 3-D printed house. ICON unveiled its 650-square-foot 3-D printed house at SXSW 2018. The house would be made of cement and take up to

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