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The 5 Metro Atlanta counties with the worst inventory shortages in 2016

Which counties have the worst housing shortage in Metro Atlanta? See our chart below, which utilizes the latest stats from GeorgiaMLS to find out: County Nov. 2016 Inventory (Months Supply) Cobb 2.49 Gwinnett 2.54 Fayette 2.64 DeKalb 2.9 Cherokee 2.9 Paulding 3.11

The Top 10 Stories of 2016

This year was an extremely active one for Metro Atlanta real estate news. Below, we have ranked our top 10 stories: 10. 9. 8. 7. 6. 5. 4. 3. 2.

Metro Atlanta’s Top-Selling Counties, Nov. 2016

Our chart below ranks the top-selling housing markets in Metro Atlanta in November, according to research from GAMLS. In addition to last month’s sales, we have also noted the counties’ Nov. 2015 sales, and how far they have risen since: County Nov. 2016 Sales Nov.

Affordability continues to slip in Metro Atlanta’s housing markets

The rise in home prices has dramatically outpaced wage growth through Metro Atlanta, and it is beginning to impact the market’s famous affordability, according to the Q4 2016 Home Affordability Index from ATTOM Data Solutions. As our chart below demonstrates, since the markets

5 incredible ways homeownership has changed during the housing recovery

When the U.S. housing bubble peaked in 2004 and 2005, the market seemed to be in grand shape: the homeownership rate was 69 percent; the Case-Shiller National Home Price Index was 184.4, a 135.5 percent increase from 1994; and

Atlanta Realtors: Metro Atlanta home sales skyrocket in November

Home sales in the Metro Atlanta housing market roared back to life in November, according to the latest report from Atlanta Realtors. For the month, Metro Atlanta saw 3,984 sales, a 20.1 percent increase from Nov. 2015. Sales were

8 reasons President Obama was housing’s champion

President Obama’s legacy will take shape over the coming years, but one thing is clear – he will be remembered as a champion of homeowners, a fact his record bears out. Here are a few of his most notable achievements, as they

UpstreamRE appoints new member to its board of managers

UpstreamRE, LLC – the real estate broker-owned and controlled data management company that governs Upstream, a collaborative broker initiative – has appointed Gurtej Sodhi to its board of managers. Upstream is a comprehensive data management project that aims to deliver

The secret reason behind housing’s inventory shortage

When it comes to the housing market’s ever-worsening inventory situation, one factor receives an outsized share of the blame – the historically low levels of home construction. Although the explanations for construction’s low volume differ – NAR has consistently argued that builders

5 striking predictions on where housing is heading in 2017

Nearing the end of another year, speculation is now hitting its greatest height for how the next chapter in the housing recovery will take shape. Countless “experts” have offered cursory, drive-by analyses of where the market is heading, but there

Study: Metro Atlanta starter homes becoming more difficult to attain

Starter homes in the Metro Atlanta area remain relatively affordable, but they are slipping out of reach for many consumers. That was the finding of a very interesting new study from Trulia, which assessed the status of starter homes

How a slight rise in Atlanta home prices damages affordability

Affordability is a chief concern in the Atlanta real estate market, as it is in many markets. But even though it’s a popular talking point for industry insiders, few understand the true volatility of “affordable.” To some families, the

Congress fails to renew the Mortgage Debt Forgiveness Act through 2017

The U.S. Congress has adjourned for 2016 without extending the Mortgage Debt Forgiveness Act, which will now expire at the end of the year. Originally passed in 2007, the act has protected underwater homeowners from incurring tax bills on the debt

Trump’s immigration policies may dramatically increase foreclosures

There are about 11 million illegal immigrants in the U.S., eight million of whom are a part of the country’s labor force. Although it’s hard to say where President-elect Donald Trump actually stands on undocumented workers – he has promised to deport all of

Do not worry – rising mortgage rates are not the end of the world

The news sounds bad: mortgage rates have risen aggressively since the presidential election, and are now at their highest level since July 2015; for the first week in December, rates posted the largest weekly jump since 2013; and the Federal

How a Trump administration may change the mortgage interest tax deduction

Steven Mnuchin, a former investment banker who is President-elect Donald Trump’s choice for Treasury Secretary, made headlines a couple weeks ago when, in his first official interview as Treasury nominee, he suggested sweeping changes are in store for the country’s tax

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