Local News

Real estate news in Atlanta

New listings, showing attendance beginning to drop during holiday season

During week 47, real estate agents entered 1,359 properties into the Multiple Listing Service for the week ended Nov. 29 compared to 1,563 during the same period last year.

Are investors to blame for low housing inventory?

Investors across the country are looking to cash in on skyrocketing house prices and rents, putting them in competition with new buyers trying to work their way to homeownership. Real estate investors bought a record 18% of the homes sold in the third quarter, according to a new Redfin report.

Hamilton Thomas Homes launches in Houston market

Led by Jennifer Keller, Hamilton Thomas Homes broke ground in October in Balmoral, where it will build 31 homes on 45-foot sites. Homes will range from 1,700 to 3,000 square feet, with pricing in the mid-$300,000s, according to a press release. 

S&P CoreLogic Case-Shiller: Home-price gains take a pause

“If I had to choose only one word to describe September 2021’s housing price data, the word would be ‘deceleration. Housing prices continued to show remarkable strength in September, though the pace of price increases declined slightly.” — S&P DJI managing director Craig Lazzara.

Coventry Homes announces plans to expand into Candela

Coventry Homes will expand its building program to the 460-acre community of Candela, the builder announced in a press release. Priced from the $530,000s, homes will be situated on 70-foot sites with designs ranging from 2,915 to 4,573 square feet. Floor plans have not yet been released. 

Houston’s suburban, rural areas seeing heightened activity

New Houston listings gained momentum in suburban and rural areas in November while remaining sluggish in urban areas, according to the Houston Association of Realtors (HAR) Multiple Listing Service (MLS).

Houston home values rose 18.8% in October

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. 

NAR Travel Club to provide travel discounts to members

The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club.

Redfin: Homebuying demand reaches all-time high

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. 

Coldwell Banker survey gauges importance of homeownership among Americans

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.

Builder debuts new series of duet homes in Sienna

Beazer Homes has launched pre-sales for its new Duets series of homes in Sienna’s Forest Landing neighborhood. 

Property analysis reveals Houston’s priciest neighborhoods

While Houston is often praised for its affordable housing compared to the rest of the country, the city has not been immune to the nation’s surging rent prices. A recent analysis of Houston-area properties revealed the neighborhoods with the highest and lowest rental and sale prices, according to Awning.com.

Second-home demand up 70% from pre-pandemic levels

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.

Historic Houston mansion on the market for $16 million

The property was once home to the late Baron Ricky di Portanova, heir to an oil fortune, and his wife, Baroness Alessandra di Portanova. The couple held exgravegant parties in their home attended by celebrities and dignitaries from across the globe, according to a news release.

New report reveals most popular relocation destinations among Houstonians

While Houston became home to nearly 600,000 new residents between 2014 and 2018, thousands of Houstonians left the city, too — but the majority didn’t go far, according to a new Stacker report.

NAR Board of Directors meeting reveals statistics about member dues, operations

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.

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