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Real estate news in Atlanta

Shadow Inventory Down 35 Percent From 2010 Peak

The shadow knows – that his inventory is severely down! According to researchers at Morgan Stanley, the shadow inventory has fallen 35 percent from its 2010 peak, yet more evidence of stabilizing inventories in housing. The researchers estimate there

Miami Home Prices Increase 3.4 Percent in May Case-Shiller

Home prices in Miami rose by 3.4 percent annually in May in the latest Case-Shiller Home Price Indices from Standard & Poor’s, as the city continued to lead the nation in its strong 2012 performance. As David M. Blitzer, the chairman

What Will Tomorrow’s Case-Shiller Say About Housing Prices?

Standard & Poor’s will release its latest Case-Shiller Home Price Indices tomorrow, and analysts and journalists alike are eagerly awaiting its findings – and what they will suggest for housing prices across the country. So far, the narrative has

Pending Home Sales Rise Year-Over-Year For 14th Consecutive Month

By Peter Ricci Pending home sales rose year-over-year for the 14th consecutive month in June, according to the latest Pending Home Sales Index from the National Association of Realtors. A forward-looking index based on contract signings, the Pending Home Sales

Do Rising Home Values Threaten Miami’s International Dominance?

By Peter Ricci Last week, when June data was released for Miami-Dade’s real estate market, two things were clear: one, that housing in the sunny city is hot as ever, and two, that international buyers continue to play a

Zillow Calls the Housing Bottom in latest Real Estate Market Report

Zillow joined the fray of optimism that has swept over real estate analysis the past few weeks with its latest Real Estate Market Report, stating that not only did housing values bottom in February of this year, but they

Humbled Genting Returns with Modest Casino Proposal

The Genting Group made a considerable splash last fall when it unveiled an extraordinary, $3.8 billion casino and 5,200-room resort for Miami. Though it announced the resort with fanfare and promised thousands of new jobs in its construction and

Miami Real Estate Shines in June with Seventh Straight Month of Price Increases

Miami’s real estate market continued its strong 2012 performance in June, with home prices rising in the city for the seventh consecutive month. Condos were a particularly hot draw, posting year-over-year median price gains of 34 percent, with single-family

Elite International Realty, OBP Realty Partner Up For Bellini Williams Islands

By Carlo Calma South Florida residential development Bellini Williams Island has announced the partnership of real estate firms Elite International Realty and Only Best Properties (OBP) International Realty as their lead sales and marketing teams in an issued press

Zilbert International Realty Selected For Chateau de Charbonnieres

By Carlo Calma Miami-based real estate agency Zilbert International Realty has been selected as the sales and marketing company of France’s historic Chateau de Charbonnieres, which is currently listed at $37 million. The private property sits on 79 acres

Existing-Home Sale Price Rises 7.9 Percent in June, Pat Klock Parker of Klock Parker Real Estate Group Comments

Existing-home sale price for all housing types rose 7.9 percent year-over-year in June in the National Association of Realtors’ latest housing report. It’s the fourth straight month of yearly price increases, a streak that has not occurred since 2006.

59 Percent of Agents Report Higher Buyer Interest in 2012

By Peter Ricci Nearly six in 10 respondents to the latest Real Estate Buyer’s Agent Council (REBAC) survey reported higher buyer interest in 2012, a 34 percent increase from 2011 and one of the strongest signifiers yet of greater

NAHB Builder Confidence in July At Highest Level Since 2007; Hazel Goldman of RE/MAX Pinecrest Comments

By Peter Ricci The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) posted notable gains in July, rising six points to its highest level since March of 2007. The six-point increase is the largest one-month gain for the

Average Days on Market Decreasing?

By Stephanie Sims How fast agents sell homes depends on a number of things – location, condition of the property, foreclosure/short sale status and the state of the market. But a hugely important indicator is how many days a

C’mon, Get…Foreclosed? Trouble in Paradise for David Cassidy

By Peter Ricci There have been many celebrity victims of the housing downturn, and a new article from Zillow is reporting that Partridge Family alum David Cassidy is facing foreclosure on his 34th-floor penthouse in the Los Olas River

Clients Concerned About Zombie Attacks? Show Them These Homes

By Stephanie Sims With zombies trending lately, in pop culture and several times in the news scarily enough, perhaps your clients have wondered aloud whether or not they should buy a property that would defend against any future apocalyptic

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