News / Features

Income growth in 2018 not enough to keep pace with increasing home prices

In 2018, home sales, housing construction and house prices are all likely to increase modestly, according to Freddie Mac’s January 2018 Outlook. Home sales are forecasted to reach 6.35 million in 2018, up slightly from 6.17 million in 2017.

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December mortgage applications jump nearly 8 percent

A new report from the Mortgage Bankers Association shows that mortgage applications in 2017 increased 7.1 percent from 2016, including a 7.8 percent hike in December to close out the year. “After playing catchup for two months following the

RE/MAX: Clayton County home sales boom in December

While home sales in the Atlanta area saw the standard seasonal slowdown in December, one county saw a significant increase in sales. Clayton County saw a 33 percent increase in home sales from 87 in December 2016 to 116

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This Week in Atlanta Real Estate: Dozens of parks in Atlanta to get upgrades this year

Dozens of parks throughout Atlanta will be getting upgrades and improvements in 2018 due to more than $1 million in grants from Park Pride. This is the largest contribution Park Pride has been able to make in a single year. Curbed

Karen Rodriguez nabs Atlanta’s highest condo sale in 2017

Karen Rodriguez, founder and president of the Group Kora team at Berkshire Hathaway HomeServices GA, closed the highest-priced condo sale in Atlanta in 2017. Located in The Residences at Mandarin Oriental Atlanta, the four-bedroom condo closed for $4 million.

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Housing starts and inventory continue to backslide in December 2017

With available inventory still on a downward spiral around the country, the end of 2017 saw a less than optimistic outcome for housing starts, with the number of homes that went under construction in December falling 8.2 percent from November,

Zillow: Crisis-level inventory shortage plagues US housing market

Home shoppers looking to buy in 2018 will have 10 percent fewer homes to choose from than a year ago, according to the December Zillow Real Estate Market Report. The for-sale inventory across the nation has been falling on

Atlanta makes it to the second round for Amazon’s HQ2

Amazon announced on Thursday that it has narrowed its list potential sites for its second headquarters to 20 cities, and Atlanta is on the list. The company received proposals from 238 locations that were hoping to woo the ecommerce

RE/MAX: 2017 rounds out with record high home prices and low inventory

2017 ended as a seller’s market, with rising home prices and low housing inventory greeting homebuyers across the nation. According to the latest RE/MAX’s National Housing Report, home prices are hitting record highs in December 2017. The median home

Crowdsourcing platform allows employers to include down payment contributions to benefits

With rent costs soaring and student loans piling up, it’s no secret individuals aged 18-35 need all the help they can get to afford some of life’s necessities, like buying a home. In fact, 70 percent of millennials say

Study shows STEM pros thrive in Atlanta

Atlanta recently ranked No. 10 on a list of cities for STEM professionals, or those who work in science, technology, engineering and mathematics careers. For the study, WalletHub analyzed U.S. Census Bureau data of the country’s 100 largest metropolitan

$1 million isn’t so luxurious anymore

In a recent examination of homes in the United States — whether or not they were for sale — Trulia found that, while not quite literally, $1 million homes are a dime a dozen these days. Across the country’s

Atlanta home sales end the year restricted by low inventory, rising prices

Atlanta home sales ended 2017 on a low note as home sales dropped on both a month-over-month and year-over-year basis, according to the Atlanta Realtors Association. December home sales reached 4,226, which is down 6.2 percent from last December’s

Early-stage mortgage delinquencies increased following active hurricane season

Following a very active hurricane season, the number of early-stage mortgage delinquencies increased in October to 2.3 percent, up from 2.2 percent in October 2016, according to CoreLogic’s latest monthly Loan Performance Insights Report. However, the number of mortgages

Must-have kitchen designs for 2018

Many homeowners around the country have big renovation plans for 2018, and a number of them are eying the heart of their home: the kitchen. According to the 2018 U.S. Houzz Kitchen Trends Study, 87 percent of homeowners are making

This week in Atlanta real estate: Tiny homes could land in Georgia

The largest tiny-home community in the Southeast could be coming to Georgia. Eagle Ridge Buildings, which specializes in building and developing tiny home communities, is looking to create The Shire Village at Mountaintown in Ellijay. The 500-acre community would offer 450-

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