Local News

Real estate news in Atlanta

Boomerang Buyers Find Savings with Distressed Homes

According to PR Web, many metro areas, including Chicago, Miami and Boston, are outweighing the national market in their offerings of discounts on foreclosed homes. This comes at a time when the economy and housing market are returning to healthy

How Many Foreign Homebuyers are Searching for Miami Properties?

International homebuyers represent a huge opportunity for real estate agents today, though some cities appeal to foreigners more than others. It’s no mystery that foreign homebuyers make up a hefty chunk of business for many real estate professionals today.

Has Housing Inventory Gone Up or Down in Miami in 2013?

Housing inventory seems to be picking up on the national stage, but what about specific metro areas, like our beloved Miami? The nation’s housing inventory has been one of the most hotly followed aspects of the housing market in

Oscar Marti Joins Avanti Way Realty as new Brickell Office Manager and Team Building Director

Avanti Way Realty announced today that South Florida realty veteran, Oscar Marti has joined the firm. Marti has been named Brickell Office Manager and Team Building Director. Marti joins Avanti from Concierge Realty Group where he was Owner and

Negative Equity Improves by Leaps and Bounds in U.S.

The negative equity situation continued to improve by wide margins in the U.S. housing market, according to CoreLogic’s latest research. The U.S. housing market’s equity situation continued to improve in 2013’s first quarter, with roughly 850,000 homes returning to

Don’t Fret – Rising Mortgage Rates are NOT the End the World

Though some headlines on rising mortgage rates have bared apocalyptic overtones, the housing market has some room to spare on rate increases. Mortgage have ticked up in recent weeks, and already, the doomsday headlines (many of them broadcasting the

Rising Prices Lead To Drop In Foreclosure-Related Home Sales

The housing market in Southern Florida has vastly improved and harried buyers are frustrated at the shortage of inventory. Foreclosure related sales make up about a quarter of the residential transactions in Broward County and Palm Beach County according

The Astor Companies Announces 59 Luxury Units For Sale

While hundreds of condos are selling under preconstruction, newly remodeled luxury units at Nordica Condominiums are available for immediate occupancy. With a lack of condos on the market in the downtown area, one of the city’s top developers, the

NAHB’s Improving Markets Index Expands to 263 Markets in June

The NAHB’s Improving Markets Index has grown by leaps and bounds in the last year, expanding by three-fold. The National Association of Homebuilders’ Improving Markets Index increased to 263 markets in June, with 29 new metropolitan markets, including Chicago,

Asking Prices Soar 9.5 Percent in Trulia Price Monitor

Asking prices exceeded rents for the second month in a row in the Trulia Price Monitor, with prices up in 98 of the nation’s 100 largest metro areas. It was another banner month for asking prices in May, with

CoreLogic Home Price Index Surprises with 12.1 Percent Jump in April

The CoreLogic Home Price Index surprised analysts with a stronger-than-expected, 12.1 percent hike in April, with even better numbers expected for May. The CoreLogic Home Price Index exceeded expectations again in April, with home prices leaping 12.1 percent year-over-year

Zombie Foreclosures & Boomerang Buyers: Latest Real Estate Trends?

Does new foreclosure slang fit in with the latest real estate trends? We’ve heard of “short sales,” “shadow sales” and “cure rate.” Now, two other phrases have been used to describe some of today’s real estate trends: “zombie foreclosures”

Atlantic Pacific Expands their Management Portfolio

Atlantic|Pacific has expanded their management portfolio with three new buildings: Apogee Beach Hollywood, The Wave, and the Whitney. These three new additions mean “three big opportunities” to Tom Smith, managing director for A|P management. He is looking forward to further

How Quickly are Homes Going Under Contract in Miami?

With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Miami? It’s a classic case of supply and demand: demand for homes, on account of record low interest

Alex Rodriguez sells Miami Home for $30M

On Friday morning Alex Rodriguez, member of the New York Yankees, closed the sale of his Miami Beach home in North Bay Road for $30 million. The sale of his home is one of the highest ever-recorded in Miami

Miami Home Prices Jump 10.7 Percent in March Case-Shiller

Home prices in Miami remained among the strongest in the nation, with prices up both monthly and yearly in March’s Case-Shiller. Home prices in Miami were positive as ever in the March Case-Shiller Home Price Indices from Standard & Poor’s,

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