Local News
Real estate news in Atlanta
While the housing market may be hotter than usual, the shift toward seasonal norms is starting to show and could benefit both buyers and renters.
The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market.
As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.
The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club.
The DeMarco Real Estate Group, RE/MAX 5 Star Realty and Hollywood, Fla., Mayor Josh Levy joined forces on Nov. 21 to hand out over 200 complete Thanksgiving meal kits to members of the local community.
Miami-Dade County broke its record for the most annual home sales in only 10 months as October transactions surged year-over-year, according to a report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS).
As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.
A new elevated waterfront estate on Miami Beach’s Rivo Alto Island is up for grabs for $25 million. Danny Hertzberg of The Jills Zeder Group is representing developer Francisco Perez Yoma, founder of Empresas FPY, one of the largest construction and real estate groups in Chile, according to a press release.
Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.
With the rise of remote work and a younger generation of digital nomads spending time away from home, small spaces that offer flexible living are making a comeback. As travel restrictions ease, buyers are looking for homes that provide ownership on their terms, with the ability to home-share or rent out their unit to pay the bills while jet-setting.
As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.
Among the 51 metro areas surveyed in October, closed transactions were down 6.4% from September, nearly twice the average pre-pandemic decline of 3.3% between 2015 and 2019, RE/MAX said, citing its National Housing Report.
Florida’s housing market continues to report rising median prices, more cash sales and tight inventory, according to the latest housing data from Florida Realtors.
The world’s wealthiest dog is about to get a little richer. Worth nearly half a billion dollars, the German shepherd named Gunther VI recently listed the former Miami estate of Madonna for $31.75 million, according to a press release.
“Avatar” fans who have dreamt of living in the lush world of Pandora might be in luck, as a five-acre property inspired by the 2009 blockbuster film is now up for grabs, according to a press release.
Sales have launched for units in Brickell’s new 35-story luxury condominium complex. Led by Harvey Hernandez, Newgard Development Group will construct the building under its newest brand name, Lofty Miami.
