News / Features

Atlanta homes sales and prices increase, indicating strong spring

  Home sales and prices continued to grow in Atlanta, according to Atlanta REALTORS®’ March 2017 market brief. Total home sales were at 4,896 in March 2017, up 2.3 percent compared to March 2016 and up 15.5 percent compared

The real story behind the nationwide housing shortage

A nationwide inventory shortage is hampering the housing market’s growth, but the shortage isn’t uniformly affecting every market. In fact, a market is more likely to have a housing shortage if its housing prices have recovered to pre-crash highs,

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Affording a down payment is biggest hurdle to homeownership, Atlanta residents say

About 70 percent of renters say securing enough cash for a traditional down payment is the biggest obstacle to buying a home, according to a study by Zillow. With an average mortgage payment costing less on a monthly basis

Consumers recognize seller’s market with rising home prices

  Housing confidence fell 3.8 percentage points in March following a survey high in February, according to Fannie Mae’s Home Purchase Sentiment Index ®. The net share of Americans who say it is a good time to buy fell

5 facts that explain Older Boomers’ homebuying habits

With all the talk of Millennials and how they fit into the housing market, retirement-age Baby Boomers don’t get a lot of attention as a home-buying population. The numbers show, however, that “Older Boomers” aged 62 to 70 years

Affordability in Fulton County improves in 2017, report says

  Affordability improved in Fulton County compared to last year, according to the Q1 2017 U.S. Home Affordability Index from ATTOM Data Solutions. The affordability index for Fulton County is 105, which is up from 100 in Q1 2016.

New urban park and residential projects proposed for Buckhead

A brand new park is in the works for Buckhead. Spanning a total of nine acres over the GA400 freeway and through MARTA’s Buckhead station, the park is meant to become a “centralized, highly attractive, property-value-boosting green space in

Federal housing laws protect LGBT citizens, court rules

LGBT people have protection against housing discrimination under the Federal Fair Housing Act, a federal judge ruled for the first time last week. The federal law prevents landlords from refusing to rent or sell housing to anyone based on

Average mortgage size reaches record high

The average mortgage size is $318,200, which is the largest it has been in the 27-years of The Mortgage Bankers Association’s weekly purchase loan data survey. There are multiple factors leading to higher mortgages in the United States beyond larger

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9 stats that show homebuyers want green technology

Sustainability and an environmentally friendly community are amenities that more and more homebuyers are looking for, according to a recent survey by the National Association of Realtors. Here is perhaps the most obvious sign that green technology is a

Atlanta is one of the best cities for black homeownership, study finds

Nearly 50 years after the passing of the Fair Housing Act, minority households still have lower ownership rates and higher rent burdens than white households, a recent study by Trulia found. But progress made in some cities is helping

First-time homebuyers make up nearly one-third of February sales

  First-time homebuyers accounted for 32 percent of all residential sales in February 2017, marking minimal change from January 2017 (33 percent) and February of last year (30 percent), according to the National Association of Realtors. Nationally, demand has

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The average Atlanta home sells for less than its original asking price, study says

Existing housing inventory has reached historic lows, making the housing market very favorable to sellers. But that doesn’t always mean that sellers get what they’re asking for, according to a study by the National Association of Realtors (NAR). Nationwide,

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Education levels impact post-recession homeownership for Millennials, study shows

For Millennials seeking to become homeowners, level of education may be more of a determining factor than any other socioeconomic indicator, according to a newly published white paper. The study by Fannie Mae comes as the industry seeks to

New home contracts are nearing decade highs

Pending home sales made an unexpected jump in February, leading contract signings to their second highest mark since 2006, according to the National Association of Realtors. NAR’s pending home sales index showed a 5.5 percent jump in homes under contract,

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New construction spending lags in start of 2017, study says

In February, nonresidential construction spending soared, while the residential market has experienced declines in spending, according to the latest report from Dodge Data and Analytics. Nearly a four-fold increase was seen in spending for non-residential buildings, with $237 million spent in February 2016

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