News / Features
Thanks in part to some slight relief in housing inventory woes, March saw the strongest home sales of any month since the housing market collapse, according to the National Association of Realtors. Home sales in March totaled 5.71 million, the strongest
Atlanta rents increased 3.2 percent in the past year to an average of $1,337, according to the March Zillow Real Estate Market Report. From 2015 to 2016, rent in Atlanta increased 4.4 percent. Rents rose only 0.7 percent nationwide compared to
More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids
More investors and lenders are predicting an increase in single-family housing development that will outpace multifamily buildings, according to the 2017 annual Akerman U.S. Real Estate Sector Report. Of those surveyed, 43 percent said single-family homebuilding will be the most active
Housing affordability is down nationwide as mortgage rates have increased in February, according to The National Association of Realtors’ latest affordability index. Housing affordability declined 8.7 percent from 175.9 in February 2016 to 160.6 in February 2017. The
Decatur was listed as the best suburb to live in Georgia by the website Niche.com, which analyzes neighborhoods and school data. The 2017 rankings took a number of factors into account with the higher education rate weighted the heaviest
Anyone interested in purchasing investment property in Atlanta should take note: Redfin recently ranked Atlanta as the best college town to buy a home and get the highest return. Redfin analyzed the latest U.S. New and World Report ranking
With all the talk of Millennials and how they fit into the housing market, Generation X doesn’t get a lot of attention as a home-buying population. Gen X-ers, aged 37 to 51 years, make up the second largest share
Atlanta is ranked as the sixth best city for job seekers on a list from NerdWallet. The financial website ranked cities based on job opportunities and cost of living expenses. NerdWallet made the rankings by comparing the unemployment rate
Atlanta was the tenth hottest destinations for Millennials who moved last year, according to a new survey from Mayflower. Some of the main characteristics that survey respondents were looking for in their new cities were job opportunities, affordable cost
Atlanta foreclosure activity falls below pre-recession averages, according to a new report from ATTOM Data Solutions. Nationwide first quarter foreclosure activity also was reported as below pre-recession levels. The Atlanta-Sandy Springs-Roswell MSA reported 4,077 properties with foreclosure filings in
New homes are getting bigger, which has helped in balancing out price appreciation while the market sees low inventory and high demand, reports CoreLogic Chief Economist Frank Nothaft, based on Census Bureau data on new residential construction. What’s changed?
Atlanta Mayor Kasim Reed announced a new fund to help residents in the Beltline pay their rising tax bills as home prices increase in the area. The City of Atlanta is partnering with The Westside Future Fund to
More renters are saying they have no plans to move this year and have no interest in owning a home, according to a new survey from Freddie Mac. The survey also found that the expectation to purchase a
Homes sold faster this March than any other March in seven years, thanks to rising demand and still-shrinking inventory, according to Redfin’s recent housing market report. Home sales jumped 9 percent in March when compared with March 2016, even as
Vacation home sales have dropped significantly, according to a recent study by the National Association of Realtors. Only accounting for 12 percent of all transactions in 2016, vacation home sales fell to an estimated 721,000 transactions—the lowest since 2013 (which saw
