News / Features

MBA: Mortgage Applications Slightly Decrease

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications decreased 0.8 percent from the week prior. Refinancing activity decreased by 1 percent, while purchase mortgages rose by 20 percent. Refinancing comprised 59.5 percent of all

Nury Suri Joins Century 21 Connect Realty

Nury Suri and her team have joined the Atlanta Century 21 Connect Realty Team. A long-time real estate associate, Suri said she is glad join the Connect team. “Having started my real estate career with Century 21 so many years ago, I am

Metro Atlanta Home Sellers Receiving Significant Returns in 2015

Atlanta’s housing market is improving, and most homeowners are personally reaping the benefits. Home sales and prices are showing strong improvement throughout Metro Atlanta, and that progress has translated to greater returns for the area’s homeowners. That was the surprising finding of RealtyTrac’s

TRID Remains Lenders’ No. 1 Regulatory Concern

It’s been more than a month since the TILA-RESPA Integrated Disclosure (TRID) guidelines came into effect, and so far, the industry hasn’t devolved into total chaos. But that doesn’t mean lenders still aren’t worried. Financial services company Wolters Kluwer

David Bascoe Joins Engel & Völkers Buckhead Atlanta

David Bascoe has joined Engel & Völkers Buckhead Atlanta as a real estate advisor. “I am thrilled to join and collaborate with some of the best minds in luxury real estate,” said Bascoe, who grew up in San Jose but has called

5 Metro Atlanta High Schools Among the Nation’s Very Best

The latest ranking in high schools provides further evidence of Atlanta’s prominence in education Metro Atlanta high schools are well represented in Newsweek‘s “America’s Top Schools 2015,” with five schools ranking amongst the top 500. Here are the schools, along with their ranking: DeKalb

CoreLogic: Atlanta Home Prices Take Slow and Steady Approach

In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15

Atlanta Facing Affordability Problems As Luxury Units Rise

A wealth of new luxury units in Atlanta creates fears of out-pricing low and mid-income renters Construction has been moving in Atlanta, and the vast majority of it has been for luxury apartments that price out low to mid-income renters, according

John Wieland Announces Opening of The Gates at Ivy Walk

John Wieland Homes and Neighborhoods recently announced the opening of a new development, The Gates at Ivy Walk. A luxury community, the homes offer bonus rooms, gourmet kitchens, retreats and private elevators. The neighborhood has a central green, but buyers

Cuban Real Estate Rush: Too Much Too Soon?

There’s been a lot of political posturing as of late, with partisan pundits and presidential candidates butting heads over everything from tax strategies to affordable housing, but one issue that, surprisingly, has remained largely left out of the conversation is

Fannie Mae to No longer Require Pay Stubs

Fannie Mae opts to use database for those without credit score Fannie Mae will no longer require physical pay stubs and tax data to verify a borrowers’ ability to handle a loan, according to The Wall Street Journal. Instead, Fannie

Traton Homes Announces Opening of Olde Anderson Estates

Traton Homes announced that its new community, Olde Anderson Estates, will open in  November in Marietta’s Walton High School district. The homes are priced from the high $700,000s and have nine vacancies. The homes in Olde Anderson Estates will feature

Residential Construction in Atlanta Posting Big 2015 Gains

As 2015 draws to a close, how has residential construction activity in Atlanta compared with the previous year? Residential construction spending in Atlanta totaled $392 million in September, according to new Dodge Data & Analytics numbers. Although that is a pronounced 41

Atlanta Popular Search with Buyers from South Africa

Atlanta was one of the three most-searched U.S. cities by international buyers from South Africa, according to realtor.com International. The top five cities in the U.S. that international buyers searched for in September were New York City, Los Angeles, Miami, Orlando

Freddie Mac CEO: Expect More Low Down Payment Mortgages

The Federal Housing Finance Agency and Freddie Mac are ready to uphold their pledge from last year to extend lending to borrowers who do not qualify for traditional loans. Freddie even hinted that more low down-payment loan programs could possibly

Half of Atlanta Renters Cost Burdened

For nearly a decade, the nation’s homeownership rate has been in decline. Since 2004, when homeownership peaked at 69 percent, the rate has fallen nearly 6 percentage points down to 63.7 percent in the first quarter of 2015, according

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