“Latinos are more mortgage ready. Latinos have made strides in income and are more educated in the homebuying process,” said Nidia Fromenta Peguero of Century 21 North East in Danvers, Massachusetts. “They don’t want to rent anymore.”

Texas, Florida and Ohio took the top three spots, respectively, in the ranking by small business lender Lendio. 

The firm named its No. 1 individual agents, small teams, large teams and rookie of the year. 

The recipient, Molly McGrory, purchased the Canton-based franchise in 2005. 

The 284-unit property represents the Atlanta firm’s largest investment since it was founded in 2013. 

The seller made more than $500,000 of exterior improvements to the property, Lexington Park. 

The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November 2022. 

The new executive joins the homebuilder from South Dakota. 

Vice President of Association Affairs Jennifer Wauhob brings over a decade of experience to her new role with NAR.

As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last year.

The luxury apartment community is part of the new Publix-anchored Sam’s Crossing Village on North Arcadia Avenue. 

“Try everything, what works for someone else might not work for you.” — Tony Tran, Realtor, Atlanta Communities Real Estate Brokerage – Brookhaven

In January, home prices were up 5.5% annually and down 0.2% monthly, CoreLogic reported, citing its monthly Home Price Insights report. 

At the same time, new and active listings of homes declined, Georgia MLS reported, citing its 12-county Housing Market Snapshot.  

Keeping things in historical perspective can be tough when mortgage rates have roughly doubled in the last year. Mike Del Preto, a senior mortgage advisor at Fairway Independent Mortgage Corporation, helps provide a closer look at the numbers.

Nearly 55 years after the Fair Housing Act was signed into law, Black homeownership still lags behind white homeownership.