Local News

Real estate news in Atlanta

CoreLogic Home Price Index Posts Best Month in Six Years

By Peter Ricci Home prices rose 6.3 percent year-over-year in October according to the latest Home Price Index from CoreLogic, which is the biggest yearly increase since June 2006 and the eighth consecutive month of yearly increases. This is the

Clock is Ticking for Mortgage Forgiveness Debt Relief Act

By Peter Ricci The fiscal cliff, and its implications for the U.S. economy, may be receiving all the attention from the media, but the National Association of Realtors (NAR) is doing its darnedest to ensure that another, equally potent

2012 NAR Profile of Home Buyers and Sellers: Selling Experience

By Peter Ricci For the last two weeks, we’ve taken a detailed look at the homebuyers side of the National Association of Realtors’ 2012 Profile of Home Buyers and Sellers, analyzing demographics, the home search process, what kinds of

Monthly Mortgage Payments Average in Florida, Finds Lending Tree

By Peter Ricci Monthly mortgage payments in the Sunshine State are pretty average, according to an expansive study by Lending Tree of the various states’ mortgage payments in the last 12 months. As Lending Tree found, monthly mortgage payments

2012 NAR Profile of Home Buyers and Sellers: Lending Standards

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

Miami Home Prices Rise 7.4 Percent in September Case Shiller

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

2012 NAR Profile of Home Buyers and Sellers: Home Searching

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

Despite Low Housing Inventory, Miami Home Sales Marches On

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,

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,

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