Local News

Real estate news in Atlanta

Census Bureau: October Housing Starts Rise to Four-Year High

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

Squatters Threaten to Compromise Miami Home Sale

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

Capponi Construction Announces New Miami Rescue Mission Renovations

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

Fannie Mae’s Housing Insights Examines Homeowner and Rental Markets

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

How Will the Fiscal Cliff Affect Real Estate?

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

Dan Marino Trades Football for Real Estate in MMD Realty Canada Voyage

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

Realtor Confidence Index Falters on Tight Home Lending Standards

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

FindLaw Survey – Americans Encouraged by Housing Market

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,

How Did NAR’s Political Candidates Fare in the Election?

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

Asking Prices and Rents Continue to Increase in Trulia Price Monitor

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

HousingPulse Survey – Distressed Properties Make Up Less Market Share

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

Miami Home Prices Increase 6.7 Percent in August Case-Shiller

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

Will Banks Cut Lending by 20 Percent With Tighter Regulations?

By Peter Ricci The mortgage markets have been bracing themselves for new regulations ever since the passing of the Dodd-Frank regulatory bill in 2010, and a new study from the American Action Forum on the qualified mortgage rule, Basel

Miami-Dade Median Sales Price Up 36.2 Percent in September

By Peter Ricci Miami median sales price rose yet again in September, marking the 10th consecutive month that home prices have risen in the city’s real estate market. According to the latest stats from the Miami Association of Realtors

South Floridians To Receive $2k In Landmark Settlement

By Carlo Calma An estimated 167,000 Florida residents who lost their home to foreclosure may each get about $2,000 as part of a historic joint state-federal settlement with the country’s five largest mortgage companies, as reported by the Sun-Sentinel.

Kardashians, Reality Show Shunned From South Beach

By Stephanie Sims The people have spoken – the residents of a Miami suburb, where Kim and Kourtney Kardashian wanted to live and film their new spin-off reality show, “Kourtney and Kim Take Miami,” have said the reality stars

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