Local News

Real estate news in Atlanta

Survey finds COVID-19 has disproportionate impact on minority housing options

A higher percentage of black and Hispanic individuals say their housing has been impacted by COVID-19, according to a new survey

Single-family rent prices post lowest growth rate in 9 years

The latest CoreLogic report reveals the first measurable impact to the single-family rent market, pushing price growth to its lowest rate since the initial recovery of the Great Recession.

Making Moves: BGI Capital announces two new hires; MBA appoints new general counsel

BGI Capital opens office in Palm Beach County, marking its third U.S. location; while the Mortgage Bankers Association brings Michael W. Briggs into the fold.

Civil unrest doesn’t stem housing sales

The market recovery continues amid nationwide protests.

Building for an uncertain future: What Miami is doing to address climate change

Is the global pandemic a mere dress rehearsal for coming climate change? Here’s what Miami is doing to prepare.

Home equity is keeping delinquencies at bay . . . for now

Home price and equity growth in the months leading up to the pandemic have helped to delay the impact of the recession on the mortgage market, although the effects are expected to continue to unfold over the next year.

Making Moves: Victoria Coster to head up marketing at Compass; ONE Sotheby’s taps Tanya Draskovic

Victoria Coster to head up ‘super-region’ marketing team at Compass, Tanya Draskovic brings international panache to ONE Sotheby’s

How to use TikTok to market real estate

A real estate marketing guru and Tik Tok aficionado gives the inside scoop on the increasingly popular social network.

Home prices are up, but that might not last

CoreLogic reports home price acceleration continued in April, but — in a shift away from other industry predictions — expects the first decline in values to begin in 2021

Making Moves: Bonnie Metviner named regional VP of Real Estate Council

Coldwell Banker Realty’s Bonnie Metviner tapped to serve as regional VP of the Region 2 Residential Real Estate Council

Miami homes named most at-risk for storm surge in 2020

A new report from CoreLogic warns of increased hurricane risk this season, compounded by coronavirus-related weaknesses.

Florida has second highest number of zombie foreclosures in the nation

A new ATTOM report reveals that zombie foreclosures declined in the second quarter of 2020, likely a result of the temporary foreclosure moratorium on federally backed loans.

Pending home sales took a deep dive in April, but NAR upgrades its forecast

NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon.

Rent increases down in Miami in April

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

Miami listings plentiful, but that’s not helping affordability

Homes are more affordable nationwide due to declining interest rates, but a shortage of listings in most cities due to the pandemic is making them harder to find.

Existing-home sales drop 17.8% in April, but first-timers are coming back

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers.

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