Local News
Real estate news in Atlanta
By Peter Ricci Now that the real estate markets have begun a slow, steady recovery, it’s become commonplace for analysts to debate what factors are holding back housing from the rollicking, surging recovery we all dream about. From negative
By Peter Ricci Miami home prices continued their 2012 surge, rising 7.4 percent year-over-year in September in the latest Case-Shiller Home Price Indices from Standard & Poor’s. Additionally, Miami home prices rose 0.1 percent from August to September, defying the
By Peter Ricci Real estate has undergone a radical change in the last 15 years, but perhaps no area of the industry has changed more dramatically than that of how prospective homebuyers search for properties. What used to be
By Peter Ricci October was yet another smashing month of Miami home sales, with single-family home sales increasing 41.9 percent year-over-year and condo sales climbing by 13.1 percent. And those sales come amidst a dwindling housing inventory; yet again,
By Peter Ricci Privately-owned housing starts in October rose 3.6 percent from September to an annual rate of 894,000, which is the highest rate since July 2008, according to new numbers from the U.S. Census Bureau. That total was
By Peter Ricci Everything seemed to be in place. The mother has passed away, a buyer had been found for her old property, and the mother’s daughter, Michelle Pinder, was prepared to sell the home and move on with
As the Miami Rescue Mission (MRM) gears up to feed thousands during the Thanksgiving holiday, it has announced a new round of renovations that will greatly expand its services. MRM will be partnering with Michael Capponi, the chairman of Capponi Construction
By Natalie Terchek Fannie Mae’s Economic & Strategic Research Group released a new edition of its Housing Insights survey that examines how the recession affected homeownership and rental markets. Interestingly, even with rents rising, homeownership rates are on a
By Peter Ricci Unless you’ve been living in severe isolation the last couple months, you know all about the so-called “Fiscal Cliff,” the rather dramatic name that the media has given to the latest round of budgetary disputes facing
By Peter Ricci Miami Dolphins great Dan Marino is trading the pigskin for real estate in what is surely among the most creative attempts to stoke foreign interest in Miami’s surging real estate
By Peter Ricci The Realtor Confidence Index from the National Association of Realtors (NAR) faltered a bit in September, with tight home lending standards stalling the index’s momentum. The index had been rising steadily through most of 2012, and
By Peter Ricci Consumer sentiment towards the housing market has been gradually improving in Fannie Mae’s National Housing Surveys, and a new FindLaw survey has found that the situation is improving other notable ways. According to the FindLaw survey,
By Peter Ricci The National Association of Realtors spends quite a bit of money advocating Realtor issues, and nowhere are its expenses more prominent than in the realm of politics. In 2012 alone, NAR contributed $2.92 million to political
By Peter Ricci Asking prices increased 0.7 percent from September to October in the latest Trulia Price Monitor, a survey of all the listings featured on the real estate syndication site. In addition, prices rose 2.9 percent from October
By Peter Ricci One of the more interesting real estate surveys out there is the HousingPulse Tracking Survey from Campbell Surveys and Inside Mortgage Finance, a broad look at the real estate markets and the preeminent issues and trends on agents
By Peter Ricci Miami home prices increased 6.7 percent year-over-year in August in the latest Case-Shiller Home Price Indices, the economic measure from Standard & Poor’s (S&P) that is considered the authority on home prices in the U.S. That
