News / Features

Millennials hope to achieve homeownership, but face growing debt

Several long-term trends, including the explosion of student debt, is making homeownership a distant goal for most millennials. In a new Apartment List report, a renter survey analyzing responses from over 11,000 millennials across the United States found that indebted

Meritage Homes
Clint Szubinski appointed president of Meritage Homes’ South region

U.S. homebuilder Meritage Homes announced that Clint Szubinski has been named president of the company’s South region. Comprising of Georgia, Tennessee, North Carolina and South Carolina, Szubinski will lead the region’s growth strategy and supervise the financial and operating performance

Existing-home sales down for the second consecutive month in January

Existing-home sales fell 3.2 percent in January for the second consecutive month, according to the National Association of Realtors. Last month’s total existing-home sales, including single-family homes, townhomes, condominiums and co-ops, saw the largest annual decline in more than

RE/MAX: Atlanta area home prices rise nearly 9 percent in January

Home prices saw significant year-over-year growth in the Atlanta area as the median sales price in January increased more than the national rate, according to the latest RE/MAX Georgia report. The median sales price in the greater Atlanta area

Real estate tech company Homesnap secures $14 million in funding. How can it help agents?

With its double-pronged approach to cater to both agents and homebuyers, Homesnap continues to increase its reach in the industry, recently securing $14 million in series B funding. Homesnap serves more than 800,000 agents and brokers, helping them boost productivity

new-construction-home
Real Estate in Brief: Builder confidence steadies, home sizes decrease and more

While tight inventory continues to nag the U.S. housing industry, homebuilders around the country are confident in the market, according to the National Association of Home Builders. The Housing Market Index revealed that builder confidence for new single-family homes

This Week in Atlanta Real Estate: Atlanta located in the ‘Golden Triangle’ for Amazon HQ2

A study by the chief economist of global real estate investment company CCIM Institute partnered with Alabama Center for Real Estate highlights the likelihood of Amazon’s second headquarter location. The report, released after Amazon announced their narrowed list of cities

metro-atlanta-area
Two Georgia cities made 2018’s safest U.S. cities list

Two of the 100 cities ranked on this year’s annual NeighborhoodScout list of Top 100 Safest Cities in the United States are in Georgia: Atlanta-area Johns Creek and Milton both made the list. NeighborhoodScout, an online database from Location,

Redfin: A quarter of buyers would be “unfazed” by rising mortgage rates

As the mortgage rate slowly rises in the beginning of this year, only 6 percent of homebuyers said they would cancel their plans to buy if mortgage rates surpassed 5 percent, according to a late 2017 survey by Redfin. By the end

With rising in home prices, nearly two-thirds of the market hit all-time highs

In the final three months of 2017, home prices overall reached an all-time high in 114 markets, according to the latest quarterly report by the National Association of Realtors. The national median price for a single-family home in the

What wealthy millennials want in their luxury homes

Rich millennials, dubbed the “New Aristocracy”, are shaping to be a profitable and impactful generation in the world of real estate. According to a recent report by Luxury Portfolio International, New Aristocracy buyers, driven by large inherited wealth, are

Lennar and CalAtlantic finalize merger, now officially nation’s largest homebuilder

Lennar’s previously-announced merger has succeeded, now making CalAtlantic a wholly-owned subsidiary. The merger was approved by 99.4% of the Lennar stockholder votes and 99.9% of the CalAtlantic votes, according to Housing Wire. “We are extremely pleased to announce the completion of

Tightening supply in Atlanta leads to a soft January in home sales

Source: Atlanta Realtors Home sales in Atlanta started off on a softer note, according to the January 2018 Market Brief from the Atlanta Realtors Associations. In January, 3,013 homes were sold, down 4 percent from 3,140 homes last January

National Real Estate News Briefs: Trulia launches new tool to provide local LGBTQ non-discrimination laws

Trulia has launched a new tool to help homebuyers who may encounter discrimination due to their gender or sexual orientation. The real estate listing company will now include a feature called Local Legal Protections, that gives insight into a

Single homebuyers require 11 years of saving to afford a down payment

Singles aspiring to become homeowners require patience before they can fulfill this element of the American dream, almost 11 years’ worth, according to a new Zillow analysis. To afford a 20 percent down payment on the average U.S. home,

This Week in Atlanta Real Estate: Dacula named most family-friendly, affordable suburb outside Atlanta

Dacula was recently named one of the most affordable family-friendly suburbs by realtor.com. The website looked at the 10 largest cities in the country and reviewed the surrounding ZIP codes outside the city limits to find the best suburb

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