Local News

Real estate news in Atlanta

Fall brings lower mortgage rates, more inventory to market

At a time of year when the real estate market typically experiences seasonal declines, this fall is bringing just the opposite.

Rate’s Spanish-language digital platform eclipses 10,000 mortgage applications

Rate introduced its Spanish-language mortgage process in 2022.

CoreLogic: Home-price gains slowed again in July

Specifically, prices rose 4.3% annually after growing by 4.7% in June. 

Equity Residential acquires Atlanta, Dallas/Fort Worth, Denver communities for $964 million

Together, the properties are an average of eight years old and encompass 3,572 units. 

Michigan agents sue NAR, claim membership requirement to access MLS violates federal law

The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.

Housing inventory reaches post-pandemic high as market continues to balance

The combination of rising inventory and price reductions in Denver and nationwide is creating a more buyer-friendly market.

Pending home sales regain upward momentum in June

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

David Weekley CEO to retire Oct. 1

John Johnson will be replaced by the former president and CEO of telecom-infrastructure provider Crown Castle Inc. 

Case-Shiller: Home-price index hits all-time high in March; Denver sees 2.1% gain

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

CoreLogic: Home-price index just 0.02% off 2022 peak; Denver sees 4.4% decline

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

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. 

Keller Williams launches three more enrichment programs for agents

The brokerage says the “business communities” — KW Operations, KW Wellness and KW Clarity — provide agents with specialized training, technology, coaching and referral opportunities. 

Pace of annual home-price gains slows again in latest CoreLogic Case-Shiller; Denver sees 1% increase

In Denver, home prices rose 1% year over year and dipped 0.9% month over month.

Realtor.com: Week of March 12 was best time to list in Denver

Nationally, the week of April 16-22 is likely to provide sellers with the most favorable conditions for a successful sale of any week of the year, although the exact timing varies widely by market. 

Report: Average home changes hands every 12 years

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

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