News / Features

Strong November New Homes Sales Could Make for Best Year Since 2007

New home sales are shaping up for their best year since 2007 Sales of new single-family homes in November rose 4.3 percent from October and 9.1 percent from Nov. 2014 to a seasonally adjusted annual rate of 490,000, according

What Rising Rents and Declining Affordability Mean for Housing

Housing is on a precipice of affordability, according to a new study The Joint Center for Housing Studies of Harvard University has offered some unflinching examinations of the nation’s housing market, particularly in terms of affordability and the growing

Is Young Adult Homeownership Ready for a Turnaround?

Data suggests the young adult homeownership rate is stabilizing After decades of decline, the 25-to-34-year-old homeownership rate has begun to level out, seeing no significant decline in 2014, according to Fannie Mae’s Housing Insights report. That trend, according to

CoreLogic: Atlanta Cash Levels Remain Low Despite Season

The number of all cash transactions peaked in Jan. 2011, accounting for over 46 percent of total home sales. In September of this year, cash sales represented a much smaller portion of total sales with a 32.5 percent share,

Mortgage Forgiveness Debt Act Extended To 2017

As part of a wider piece of tax legislation, Congress has voted to extended the Mortgage Forgiveness Debt Act to 2017. Originally passed in 2007, the act protects underwater homeowners from incurring tax bills on the debt forgiven during

Atlanta Ranked Top Market for Senior Housing in 2016

Older consumers will play a big role in Atlanta’s housing market in 2016 Metro Atlanta will see more housing activity from retirees in 2016 than most metropolitan regions, according to a new study by realtor.com. In its study, realtor.com looked at two

PulteGroup to Acquire Assets of John Wieland Homes and Neighborhoods

PulteGroup has announced that it has entered into an agreement to acquire certain homebuilding assets of John Wieland Homes and Neighborhoods, from affiliates of Wheelock Street Capital, L.L.C. and the Wieland family. As part of the transaction, PulteGroup expects to

Is the American Middle Class Disappearing? 4 Stats to Consider

Where does America’s middle class stand financially? New analysis from the Pew Research Center explains The U.S. middle class, which has long defined the country’s economic prosperity, is no longer the majority of Americans. That eye-grabbing finding came courtesy of

November a Universally Strong Month for New Construction

It was a month of thanksgiving for the nation’s homebuilders November offered U.S. homebuilders many reasons to give thanks, with permits, starts and completions all in positive territory. According to the latest report from the U.S. Census Bureau, building

How the Construction Sector will Help Lead Job Growth Over Next Decade

New projections from the country’s Bureau of Labor Statistics forecast big job gains for the construction sector over the next decade and emphasize the growing importance of environmentally conscious building. Over the 10-year period beginning in 2014 and ending

How will Buyers React to the First Interest Rate Hike Since 2008?

The federal funds rate will rise by 0.25 percent The Federal Reserve announced today that it will raise the federal funds rate, the key interest rate that influences mortgage, auto loans and other forms of financing, by 0.25 percent. Additionally,

Ashton Woods Welcomes New General Sales Manager

Ashton Woods recently announced the hiring of Jason Schwartz as the new general sales manager. Schwartz has been in the real estate industry since 1993. He graduated from the University of Florida in 1993 with a degree in advertising, and

CoreLogic: Atlanta Homeowners Have More Equity in Q3

Year-over-year gains in national equity were in the double digits at the end of this year’s third quarter, as a healing economy helped keep home price appreciation positive and consistent, according to a new report from CoreLogic. On Sept.

Atlanta Housing Strong and Steady, Despite Seasonal Dip

Despite a rough November, Atlanta’s housing market kept pace in 2015 Home sales in the Metro Atlanta housing market posted steep declines from October to November, falling 24.7 percent from 4,056 to 3,056, according to the latest report from the

Homebuyers Increasingly Seek One-Stop Home Shopping

One-stop shopping offers benefits to homebuyers, but they still want agents’ help Fifty percent of recent homebuyers used one source, or one-stop shopping (OSS), to procure homebuying services, according to a National Association of Realtors survey. That is compared to 29 percent

How Long Does it Take to Save For A Downpayment on New Construction?

America sees a range of three to 26 years to save for a downpayment, depending on the state It takes 7.74 years for an average first-time homebuyer to save for a down payment on a new home in Atlanta, according

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