News / Features

Global Economic Turmoil Halts U.S. Mortgage Rate Increases

U.S. mortgage rates were increasing at steady clip in 2015 until global economic events intervened The economic turmoil in Greece and China could possibly benefit U.S. homebuyers. That cause and effect was the chief finding in Freddie Mac’s latest Primary Mortgage

CoreLogic: Atlanta Prices Surge in May

CoreLogic has released its May Home Price Index, revealing another month of positive gains. Marking 39 months of consecutive year-over-year gains, national home prices, both including and excluding distressed sales, increased 6.3 percent in May compared to the same

Fannie Mae Boasts Strong Market for June, but is it too Good to be True?

Is strong market prediction too bold to make? Fannie Mae released their June National Housing Survey results with an overall conclusion that a strong market was shaping up for the summer. However, when looking at the specific year-over-year data, the results are more

Mortgage Apps Drop Nearly Five Percent

Mortgage applications decreased 4.7 percent last week, according to the data from the latest Mortgage Bankers Association’s (MBA) survey. The Market Composite Index, which measures mortgage loan application volume, dipped 4.7 percent. Similarly, the Refinance Index decreased 5 percent

Atlanta Drops in Labor Rankings

CareerBuilder releases new labor market rankings In late May, CareerBuilder released its second quarter Labor Market 150 Index, which attempts to evaluate and rank the country’s largest metros. Using data from the employment website’s data arm, EMSI, or Economic

Gene Rector Joins Lennar Atlanta as New Home Consultant

Gene Rector, experienced real estate professional and top producer, recently joined Lennar Atlanta as a new home consultant. Celebrating its fifth anniversary this month, the fast-growing Lennar Atlanta has completed 1,200 homes since 2010. These homes are located in

Elvis Presley’s Palm Springs Mansion Hits the Market

The king of rock n roll’s Palm Springs mansion is on the market and filled with little reminders of Elvis Presley’s successful music history. The five-bedroom, four-bathroom mansion was named “The Home of Tomorrow” by LOOK Magazine in 1962.

Johnny Depp’s “Private Village” Hits the Market

“Pirates of the Caribbean” actor Johnny Depp recently listed his “private village” in Plan de la Tour, France for $25.76 million. Depp’s 37-acre estate offers 10,000 square feet of living space between the main house and guest cottages, a chapel,

Atlanta Residential Construction Exploding in 2015

2015 shaping up to be a big year for new construction in Atlanta Residential construction spending in the Atlanta area in 2015 is 32 percent ahead of where it was last year. That was the big stat from the latest Dodge Data & Analytics

“The Bootlegger’s House”

Known as “The Bootlegger’s House,” this 3,169 square foot home has more to offer than just six bedrooms and five baths. Located in Jacksonville, Fla., this property’s most striking feature is a series of underground tunnels, starting in the

Atlanta Rents Stay Strong in Second Quarter

How has Atlanta’s rental market developed in 2015’s second quarter? New data from Reis provides some perspective. Atlanta’s rental market has been one of the hottest in the nation, and new numbers from Reis on the second show show that trend

5 Important Housing-Related Details from the New Jobs Report

What details in latest jobs report bear the most significance for housing? The nation’s unemployment rate fell from 5.5 to 5.3 percent in June, while the overall economy added 223,000 nonfarm payroll jobs, according to the Bureau of Labor

Ashton Woods Opens New Model Home at The Grove

Ashton Woods has announced the opening of its new model home at The Grove in Milton. Priced at the $700,000s, the model home balances new southern traditional style with modern designs and styles. On top of the Kensington, The Grove is

Michael Jordan’s 23 Mansion Hits the Market

Michael Jordan is at it again. After three years of unsuccessful attempts to sell his Chicago-area mansion, the basketball star has decided to give it another try. With a new asking price at $14,855,000 (the numbers add up to

Distressed Sales Fall Considerably in Georgia

Over the last year, distressed home sales have become far less prominent in Georgia’s housing market Distressed sales throughout Georgia comprised 14.3 percent of all home sales in May, a marked drop from the 19.1 percent market share of a year ago,

Multifamily Construction Spending Leads Charge in 2015

Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census

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