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Real estate news in Atlanta

Homeowners only have to own a home for 2 years before it makes more sense than renting

When is it the right time to switch from rent to owning? Usually this answer is subjective, depending on things like income, family size and location. However, in real estate it can often be a matter of time. Recent

CoreLogic shows U.S. home prices spike up

It seems as though homeowners who believe that next year will be a better time to sell may be right as home prices continue to rise. Not only increasing year-after-year, but also month-to-month as of August 2017.  CoreLogic released

Harris County approves plan to buy out more than 200 homes

The Harris County Commissioners Court approved a $20 million plan to buy out around 200 homes that were damaged by Hurricane Harvey and aren’t eligible to be rebuilt unless their elevation is raised. Harris County Judge Ed Emmett told

Home damage from Harvey will be taken into account when assessing property values for 2018

Harris County officials recently announced that they will take recent damage caused by Hurricane Harvey into account when assessing property values to determine property taxes for 2018. State officials are currently estimating that nearly 100,000 residents suffered home damage.

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Houston construction starts continue to hold steady

Construction starts for the Houston-Baytown-Sugar Land MSA grew slightly in 2017 compared to 2016’s spending, according to a new report from Dodge Data and Analytics. Total construction starts grew 2 percent in August 2017 to $1.3 billion compared to

See which neighborhoods were hardest hit by Harvey flooding

While Hurricane Harvey affected homeowners throughout Houston, certain neighborhoods saw significantly more flood damage. The Kinder Institute identified the 10 neighborhoods with the most flooded homes according to estimates based on FEMA data. It also estimated the number of

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Texas real estate activity grows in first half of 2017, but uncertainty lies ahead post-Harvey

Texas real estate saw a strong first half of 2017, according to the 2017 Texas Real Estate Midyear Review Report, but there is uncertainty about how the rest of the year will turn out after Hurricane Harvey. “The devastation

Houston ranked among the best cities for millennials

Despite being popular relocation destinations for younger generations, it turns out that cities like New York and Los Angeles aren’t really the best fit for millennials after all. In fact, a new Apartment List survey finds that Houston is

Housing prices keep going up amidst national inventory shortages

Housing prices increased 7.7 percent in August, according to a recent report from Redfin. This new hike in costs represents the greatest uptick in year-over-year home prices since May 2015. Nationally, the median sale price rested at $293,000, indicating

FEMA encourages some homeowners to consider buyouts over rebuilding

As Houston homeowners assess their damage after Hurricane Harvey, many may want to consider buyouts over repairing or rebuilding after the major flooding. Roy Wright, a Federal Emergency Management Agency official, runs the National Flood Insurance Program and is

Hurricane Harvey causes declines in August home sales

The Houston real estate market saw major declines in August as the city was hit with torrential rain and flooding from Hurricane Harvey. Single-family home sales dropped 25.4 percent in August compared to last year while total property sales

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See how much Houstonians need to earn to buy a home in the area

A new study by HSH.com reveals  what salary Americans must earn in order to afford a median-priced home in any given metro. For Houston residents, the cost of homeownership rings in at $57,346.12 a year, a 9.45 percent increase

As Miami and Houston begin recovery, rebuilding is in focus

As Hurricane Irma’s strength wains to a post-tropical cyclone while it continued its path into Georgia on Tuesday, Florida residents are starting their recovery process — a process that Houston itself started recently after Hurricane Harvey ravaged the city. 

Houston Association of Realtors offers hurricane relief after Harvey

Hurricane Harvey left many Houston residents homeless, houses either lost to flooding or other hurricane related damage. Texas agents have stepped up and started to lend a hand in helping those displaced find shelter.  The Houston Association of Realtors has

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CoreLogic HPI: Home prices are up across the board

According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average

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Concern over skilled-labor shortage mounts in the wake of Harvey, Irma

It’s no secret that the amount of skilled laborers in the United States continues to decline. In fact, a recent report by the Associated General Contractors of America found that up to 70 percent of contractors say they have

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