News / Features

FHA cuts mortgage insurance premium, touts expected savings for homebuyers 

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

Gwinnett County tops Atlanta metro for fourth-quarter starts, closings 

Of the 23 area counties analyzed by asset manager and developer St. Bourke, 20 saw new-home construction decline. 

Coldwell Banker Realty in Atlanta donated $83,000 to local charities in 2022 

The funding was used to support St. Jude, the Pancreatic Cancer Action Network and Backpack Buddies of Metro Atlanta. 

Mutual of Omaha Mortgage acquires Keller Mortgage 

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage’s existing mortgage divisions. 

The Bauer in Acworth sells for $34.7 million 

The 192-unit garden-style community participates in the low-income housing tax credit program. 

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

HomeAid completes first 2023 Care Day at Women’s Recovery Residence in Midtown 

Volunteers from Ashton Woods, Starlight Homes, SouthState Bank, Kennesaw State University National Association of Home Builders Student Chapter and Vincent Longo Custom Builders performed demolition work ahead of planned renovations at the Ascensa Health facility. 

192-unit, mixed-use project set to break ground in Chamblee this spring

The mid-rise development will have a sky lounge overlooking the neighboring Dekalb-Peachtree Airport.

Cook & James celebrates 17 years in the real estate-closing business 

Since it was founded in 2006, the law firm has grown significantly, bringing its real estate-closing capabilities to Connecticut, New York and South Carolina, in addition to its native Georgia. 

Developer sought for mixed-income housing near MARTA’s Garnett Station 

A request for proposal seeks the development of at least 200 affordable and market-rate residences on a 1-acre site at 184 Forsyth St. 

Mortgage applications decline after rate increase 

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

Builder confidence jumps in February 

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

Donna Cade

“Work your sphere of influence. Get your contact list out, and go to work.” — Donna Cade, broker associate, BHGRE Metro Brokers – Atlanta

As spring market approaches, Atlanta buyers are getting more for their money

With the spring housing market just around the corner, homebuyers are getting more for their money as their mortgage payments are stretching further than they have in recent months.

NAR Relief Foundation seeks to raise $5 million in 2023 campaign 

The REALTORS® Relief Foundation works to provide housing relief to victims of natural disasters. 

Atlanta ranks No. 2 on list of most-desirable cities for relocation 

Los Angeles took the top spot in the survey of 1,000 Americans who moved in the last year, followed by Atlanta, then Austin, Texas, at No. 3. 

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