Local News

Real estate news in Atlanta

Home price growth exceeds 20% in May, deceleration on the horizon

Steeper mortgage rates and priced-out buyers paved the way to a slightly cooler housing market in Dallas and other major cities this spring, hinting that the booming post-pandemic seller’s market may have an expiration date. 

Dallas No. 3 nationally for iBuyer service home sales

Dallas-Fort Worth was third on the list with 1,116 iBuyer home sales in the first quarter, accounting for 5.1% of home sales in the market.

Ranking every state by its most expensive home listing. Where does Texas land on the list?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.

Dallas home prices show no signs of slowing in March S&P CoreLogic Case-Shiller Index 

Nationally, the index posted its highest annual increase ever.

3,500 Sunbelt rental homes acquired for $1 billion  

Most of the single-family homes are in Texas, Georgia, Alabama and Oklahoma. 

Orchard pilots cash-offer program for first-time buyers

Buy with Orchard gives first-time buyers the power of a cash offer to appeal to sellers and make homeownership more attainable.

Smaller markets lead the way in Q1 home-price gains; Dallas sees 21.8% rise 

Seventy percent of the 185 metros surveyed by the National Association of REALTORS® saw double-digit price gains in the first quarter, compared to 66% in the preceding period. 

Caballero sets third Guinness World Record for home sales

Two-time Guinness World Record titleholder Ben Caballero was recognized for the third time for having the most annual home sales transactions as an individual listing agent. 

Is the pandemic-driven second home buying boom over?

Report finds buyers are backing off from buying second homes, but what’s causing the turnaround?

Rent-to-own housing company launches in Atlanta, Phoenix with plans to expand 

Pathway Homes was formed by ResiLabs, a partnership between real estate private equity investor Regis Group, single-family rental landlord Invitation Homes Inc. and venture-capital firm Fifth Wall. 

Mortgage applications, interest rates rise first week of January

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Eviction crisis unfolds as courts process backlog of filed cases

Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire. 

Redfin reports 10 housing records set in 2021

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report. 

NAR applauds President Biden’s nomination of FHFA director

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.

NAR donated nearly 3,500 meals to Americans in last six months

As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release. 

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