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Real estate news in Atlanta

What Vacation Destinations Do Miami Residents Like the Most?

Memorial Day weekend officially starts today, and many people will be out vacationing; what vacationing communities, though, are the most popular? Memorial Day weekend is finally here, and numerous families will be taking advantage of the holiday to travel

Existing-Home Sales Underwhelm in April?

Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent

Redfin Establishes Presence in South Florida Real Estate Market

Redfin, a national real estate brokerage, will establish a presence in the South Florida real estate market. The Seattle-based brokerage will list and sell homes across Palm Beach, Broward and Miami counties. This is Redfin’s first Florida market and

This is How Gen Y Will Revolutionize Housing

Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is

South Florida Home Prices Increase as Renting Loses Appeal

South Florida home prices increase, yet still remain more affordable than renting Despite the fact that South Florida home prices have increased, statistics show that it is more affordable to buy a home than rent after two years. A

What Income Does Your Client Need to Buy a Home in Miami?

What income is necessary to afford the typical house in Miami? And how do those requirements compare with other major metro areas? “Housing affordability” is a term that gets thrown around quite a bit nowadays, and for good reason;

How Hard is it, Really, to Get a Mortgage?

Is it still tough to get a mortgage? New numbers from the Federal Reserve offer an enlightening perspective on the issue. It’s the question on everyone’s mind, now that the housing market is on a slow, sustainable path to

Florida Foreclosure Starts Down 27 Percent in April

The news was relatively good for Florida’s foreclosure markets in April, with foreclosure starts down by double-digit amounts. Florida’s foreclosure markets showed continued improvement in RealtyTrac’s U.S. Foreclosure Market Report for April, though the state still has some ways to go.

Miami’s Shrinking Inventory Increases New Construction

Developers are reacting to Miami’s shrinking inventory with an increase in new construction. 25 new condominium projects are in the works. Miami’s shrinking inventory is becoming extreme: out of the 22,000 condos created downtown during the boom years, only

Majority of Americans Expect Home Prices to Increase

American consumers are growing more and more confident with the housing recovery, according to Fannie Mae’s latest National Housing Survey. More than half of American consumers expect home prices to rise within the next year, according to the latest

Residential Construction Spending Up in March

Residential construction spending continued its forward progress in March, and the construction industry on the whole expanded impressively. Residential construction had another strong month of activity in March, with construction spending on residential projects in the month rising to

Miami Home Prices Rise 10.4 Percent in February Case-Shiller

Miami posted both monthly and year-over-year increases in the February Case-Shiller, as the city continued to roll towards a housing recovery. There news was uniformly for Miami home prices in the latest Case-Shiller report from Standard & Poor’s, with

Pending Home Sales Index Affected by Low Housing Inventory

Though March’s Pending Home Sales Index from NAR was a positive one, it suggests the low housing inventory levels are affecting home sales at the contract level as well. Pending home sales rose by both monthly and yearly measures

Balfour Beatty Center Wins “The Outstanding Building of the Year”

The Balfour Beatty Center won the 2013 BOMA Southern Region “The Outstanding Building of the Year” Award and will advance to the international competition. TA Realty Associates’ Balfour Beatty Center in Plantation, managed by Miami-based Pointe Group Advisors, won

Mortgage Delinquencies at Lowest Level Since 2008

A new Lender Processing Services study indicates that mortgage delinquencies and foreclosures are moving in the right direction The amount of mortgage delinquencies that were behind in their payments or in foreclosure is at its lowest level since 2008,

What Cities Do Foreign Homebuyers Want to Live in Most?

With the Internet, foreign homebuyers have never had it easier buying property in the U.S. But what cities do they favor the most? It was Thomas Friedman who famously stated that “the world was flat,” and his statement applies

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