Local News
Real estate news in Atlanta
By Peter Ricci 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
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
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
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
By Peter Ricci The Houston Association of Realtors (HAR) has yet to release its official data on June home sales, but if early reports are to be believed, it seems we’re poised for yet another strong performance from the
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
By Peter Ricci Houston was one of 11 new metros added to the National Association of Home Builders/First American Improving Markets Index (IMI) in May, which now totals 84. The NAHB adds cities to the IMI when housing permits, employment
By Peter Ricci Area officials, firemen and residents were on hand Friday to help break ground on a new Lake Conroe Fire Department station in Woodforest, a master-planned community spearheaded by The Johnson Development Corp. Actual construction of the
By Peter Ricci Zillow was in the news yesterday when Inman News reported that the syndication site had contacted 50 or so MLSs at the end of June about establishing direct IDX feeds. Though Zillow maintains secondary feeds through ListHub, which initially
Anderson Properties has merged its operations with Alvin, Texas-based Prudential Reyes-Planka, Realtors, according to BRER Affiliates Inc., the Brookfield Residential Property Services company and that owns the Prudential Real Estate franchise network. As a result of the deal, Anderson Properties,
Lessening underwriting standards are the great white whale in housing’s recovery, and the 2012 Survey of Credit Underwriting Practices from the Office of the Comptroller of the Currency (OCC) is making some suggestions that the tide may be turning for home
Better Homes and Gardens Real Estate Gary Greene announced today that Century 21 Outstanding Homes has merged its operations with Better Homes and Gardens Real Estate Gary Greene’s West Lake Houston office. The merge corresponds with Gary Greene’s change
The National Association of Realtors’ Pending Home Sale Index bounced back to positive territory in May, rising 5.9 percent to its highest level in two years. With a reading of 101.1, the index is 13.3 percent higher than a
After considerable anticipation and rumor, Gary Greene, Realtors has announced that it will be leaving Prudential Real Estate Services and re-joining Better Homes and Gardens Real Estate. The firm will now operate as Better Homes and Gardens Real Estate Gary
Sales of new singe-family homes for the month of May, according to new data from the Census Bureau, rose 19.8 percent year-over-year to a two-year high. The 369,000 seasonally-adjusted annual rate was also 7.6 percent above April’s rate of
Today, more than ever, sites such as Google and Yahoo! are the true drivers of the Internet, transporting users to web pages based on one thing – the results of their algorithms. It’s imperative that agents learn to harness