News / Features

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

NAHB: Builder Confidence Drops Slightly in December

Builder confidence in the market for newly constructed single-family homes remained relatively flat in December, dropping one point to 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). David Crowe, the NAHB’s chief economist, said past

What Size Homes Do Consumers Want in 2015?

What is the preferable home size? The median size for homes purchased in 2015 was 1,900 square feet, according to the 2015 Profile of Home Buyers and Sellers from the National Association of Realtors. Beyond that median, though, NAR uncovered

How Have Fannie Mae’s 3% Mortgages Affected Housing?

Fannie Mae’s 3-percent down-payment policy was met with praise and skepticism in equal parts, but how has it impacted housing? It was last October when Fannie Mae announced that, in an effort to broaden credit access, it would lower its

Lane McCormack Announced as New ABR President

Lane McCormack, the senior vice president of Harry Norman, Realtors, was recently announced as the newest president of the Atlanta Board of Realtors. The announcement was made on Dec. 10th at ABR’s Annual Business Meeting and Awards Ceremony. Bill Rawlings, ‎the

How Do American Driving Habits Affect Real Estate?

Although it’s still far from its pre-recession peak, car transportation is up There has been a significant increase in the number of Americans driving, according to a report released by Doug Short of Advisor Perspectives. The report looked at the estimated

Baby Boomers Breaking the Mold

Downsizing is a natural progression in housing we’ve come to expect of older generations, such as the aging Baby Boomers, whose preference for high square footage is diminishing as their children leave the nest and retirement sets in. But

Realtor.com: Atlanta will be Top Millennial Market in 2016

Atlanta will be the No. 1 housing market for Millennial homebuyers in 2016, according to a new analysis by realtor.com. Citing the ATL’s great music scene, vibrant nightlife, strong economy and affordable housing stock, realtor.com also drew attention to

CoreLogic: Atlanta Foreclosures Drop as New Year Approaches

October was another month of declining foreclosures, both nationwide and in most major metropolitan areas, a CoreLogic report confirmed this week. Dropping by just over 21 percent year-over-year, the nation’s foreclosure inventory reached a 1.2 percent share this past October,

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