News / Features

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

Scott O’Halloran joins Scotland Wright Associates

Scott O’Halloran has moved to the boutique real estate broker Scotland Wright Associates, according to the Atlanta Business Journal. O’Halloran, who is known for representing landlords, previously had worked within Colliers International-Atlanta’s landlord advisory group since 2008. Scotland Wright Associates

Despite difficulties, more people want to own homes

According to new analysis of a consumer survey from the National Association of Realtors, the vast majority of non-homeowners said that they want to own a home in the future. NAR recently analyzed the results of its 2017 Housing

CoreLogic: Home prices increase for fifth consecutive month

Home prices continue to significantly rise both year over year and month over month, according to CoreLogic’s Home Price Index (HPI). U.S. home prices in December 2017 were a substantial 6.6 percent more than December 2016 and 0.5 percent more

National Real Estate News Briefs: NAR suspends open architecture project, cash purchases hit new high and more

The Realtors Property Resource (RPR), a subsidiary owned by the National Association of Realtors, is suspending its Advanced Multi-List Platform project and will promptly start to wind down its operations. NAR CEO Bob Goldberg made the decision to cut

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Seller profits hit 10-year high

Home sellers in Q4 2017 reaped an average home price gain since purchase of $54,000, the highest since Q3 2007, according to ATTOM Data Solutions’ Year-End and Q4 2017 U.S. Home Sales Report. In comparison, the average from the

Atlanta ranks No. 7 on Forbes list of best cities to invest in housing

Atlanta was placed at No. 7 on a list of the 20 best markets to invest in housing in 2018, compiled by Forbes with data from Local Market Monitor. To determine the cities where a buyer is most likely

This Week in Atlanta Real Estate: Senator reveals proposal for regional metro transit expansion

State Sen. Brandon Beach planned to propose a plan to the state Senate this week that will expand and stabilize Atlanta metro services for 13 counties, according to The Atlanta Journal-Constitution. While certain details of the proposal have not been

Pending home sales rise for third consecutive month

For the third consecutive month, pending home sales rose slightly in December, according to the National Association of Realtors. The Pending Home Sales Index, an indicator based on contract signings, rose to 110.1 in December, an increase of 0.5

Report reveals most financially valuable home projects

In this year’s Cost vs. Value report from Remodeling Magazine, “curb appeal” projects led the way with increases in value. The report measured the average payback for 21 common professional remodeling projects in 149 major U.S. markets. While only

Breaking down the barriers of real estate investment: A Q&A with Peter Vekselman from WeLend

Peter Vekselman has been working in the real estate industry for almost 20 years and completed more than 3,500 deals. With offices in Georgia, Florida and California, Vekselman has seen first hand the hurdles and difficulties that can come along

US housing market has recovered from crisis, but some markets still fall behind

Despite gradual but continued recovery in most housing markets in the United States since the recession wreaked havoc on the country, there is still major disparity due to uneven shifts and progression in individual market values. According to a

Jonathan White named Atlanta division president at Taylor Morrison

Taylor Morrison named Jonathan White as the new president of its Atlanta division on Tuesday. Previously the president of the Houston division, White will now be responsible for larger, more operational aspects of the organization, including providing leadership and

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This Week in Atlanta Real Estate: Potential new Facebook data center and more

A Facebook data center is said to be in active development at a site in Stanton Springs, the Atlanta Business Journal reported. An anonymous source told the publication that the site is near a Shire biotech manufacturing plant. Due

Luxury home sales increased to close out 2017

In its latest luxury market report, Redfin found that luxury home prices in the U.S. rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017. The analysis tracked home sales in over 1,000

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