News / Features
The fall slump hasn’t hurt the market’s strength, as home prices across the country continued to climb in October, CoreLogic reported. The coupling of a healing economy and spotty but persistent inventory shortages are largely to thank (or blame,
Spending per dollar of equity is at its lowest level since the mid ’90s. Home equity has doubled to $12.1 trillion since the market bottomed out in 2011. Builder confidence has remained strong, despite a small, recent slip. New home
There are roughly 1.118 million members of the National Association of Realtors, and they strike an impressive profile: Realtors’ median experience level is 12 years; their gross income is $45,800; 58 percent are female; and 42 percent have at
2015 has been a good year for new construction in Atlanta Residential construction spending in the Metro Atlanta housing market totaled $347 million in October, a 47 percent decline from Oct. 2014, according to new numbers from Dodge Data & Analytics. Year-over-year numbers, though, can
According to the National Association of Realtors, pending home sales were mostly unchanged in October, but shifted marginally higher after two straight months of declines. Gains in the Northeast and West were offset by declines in the Midwest and
The unemployment rate for Metro Atlanta in October was 5.4 percent, its lowest point since November 2005. The rate was down one-tenth of a percentage point from 5.5 percent in September, and a full percentage point from 6.5 percent
Effective Jan. 1, the Federal Reserve will not be allowed to bail out failing companies. Members of the Fed board voted 5 to 0 in favor of restricting the policy. The new policy will restrict the Fed from lending to individual firms,
A new study has reaffirmed Metro Atlanta’s high level of economic inequality Atlanta is the most unequal city in the country, according to new research from the U.S. Census Bureau. Utilizing the Gini coefficient – an economic index that measures
New home sales are hot, but what are the larger market trends? Sales of new single-family houses rose 10.7 percent from September to October and 4.9 percent from Oct. 2014 to a seasonally adjusted annual rate of 495,000, according
How have home prices progressed in the 2015 housing market? Home prices in the Atlanta housing market rose 0.1 percent from August to September and 6.2 percent from Sept. 2014, according to the new Case-Shiller Home Price Indices from Standard & Poor’s.
The ins and outs of buyer traffic around the holidays It has been long been considered common knowledge that the buying craze of Black Friday does not extend to real estate, thanks to a lack of large savings for homes
We’re approaching two months since the implementation of TRID, and after a string of weeks that saw declining originations, mortgage applications were back up in the week ending Nov. 13, according to the Mortgage Bankers Association. In the two
Homes sales were down in October, but the overall picture remains a very positive one for housing Existing-home sales declined 3.4 percent from September to October to a seasonally adjusted annual rate of 5.36 million, according to the latest report
The Atlanta City Council has unanimously approved an Affordable Housing Impact Statement ordinance, which is designed to increase quality housing options in the city. Some of legislative impacts in the Affordable Housing Impact Statement include acceptance of public and
In another marker of the housing market’s recovery, the Federal Housing Administration announced last week that its reserves were back in line with federal requirements. The FHA stated that its insurance fund’s net worth at the end of September was
Buford City Schools is the top school district in the Metro Atlanta area. That ranking came courtesy of the analytics website Niche, which just released its 2016 rankings of public schools from across the country. Buford Academy, which is
