News / Features

NAR: Existing-home sales and days on market slide in April 

Multiple-offer situations have returned with the spring buying season while distressed and forced sales are “virtually nonexistent,” the National Association of REALTORS® said.

PulteGroup hires COO 

The hire follows the December 2022 firing of the homebuilder’s senior vice president for field operations, who had been tapped to become COO on Jan. 1. 

Esther Ozuna

“Learn as much as you can, and be confident.” — Esther Ozuna, Realtor, Coldwell Banker Realty Intown

Single-family starts rise in April 

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 

National and local housing resources for LGBTQ+ youth

One organization working to combat LGBTQ+ youth housing insecurity in Atlanta is Lost-n-Found Youth.

Builder confidence rebounds in May on tight existing inventory 

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 

Wells Fargo partners with T.D. Jakes in historic Fort McPherson redevelopment 

The banking giant will help provide financial assistance to the megachurch pastor’s effort to develop a mixed-use, mixed-income community on the former Army base. 

The spring market is a seller’s market as demand rises, supply remains low

Atlanta’s April average home value rose while pending sales fell from March.

NAR adds fair-housing training requirement to Realtor qualifications 

Realtors will be required to complete two hours of training every three years beginning in 2025. 

Marcus & Millichap adds managing director to Atlanta office 

The new executive, David Johnson, founded Piedmont Highlands Capital. 

FHFA rescinds “unworkable” fee ahead of implementation 

The mortgage industry decried the proposed loan-level pricing adjustment for borrowers with higher debt-to-income ratios. 

RangeWater brings in HR veteran for new chief people officer role 

The new executive, Franco Minton, will help the multifamily firm as it pursues strategic growth initiatives. 

How far will a $1,500 rent budget go in Atlanta? 

A recent Rentcafe study used MLS data from 200 U.S. cities to determine which city offers the most square footage for $1,500 per month. 

Berkadia: Atlanta apartment pipeline swells to 180,542 units in Q1 

The number of apartments under some stage of development in the Atlanta metro grew from 147,881 at the end of the fourth quarter of 2022. 

MBA: Mortgage applications rise on lower rates 

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

170-unit mixed-use development headed for Peachtree Corners office park 

The owner of the 2 Sun Court office building sold off 2.2 acres to a developer who plans to build a mixed-use tower. 

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