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Real estate news in Atlanta

3,500 Sunbelt rental homes acquired for $1 billion  

Most of the single-family homes are in Texas, Georgia, Alabama and Oklahoma. 

Phoenix-area housing payments up 61% from last year

Soaring home prices and markedly diminished inventory are suppressing housing affordability for many nationwide.

Which Phoenix suburb has the hottest real estate market?

With suburban home value growth surpassing that of urban homes, the most popular areas appear to be outside the city. Which Phoenix suburb is the hottest?

Where does Phoenix land on list of greenest cities?

The travel insurance provider reviewed “cities of all sizes and in regions across the nation” to assess the greenest communities in the U.S.

Find out where Phoenix ranks on the new Best Places to Live list

Phoenix, which has seen an influx of new residents in recent years, scored highest on net migration and value/affordability. 

Smaller markets lead the way in Q1 home-price gains; Phoenix sees 27% rise

Seventy percent of the 185 metros surveyed by the National Association of REALTORS® saw double-digit price gains in the first quarter, compared to 66% in the preceding period. 

Is the pandemic-driven second home buying boom over?

Report finds buyers are backing off from buying second homes, but what’s causing the turnaround?

How much space does $1,500 get you in Phoenix?

Our expectations and desires have shifted, with renters searching for more space — often at a higher price tag. But, according to a new study from RentCafe, the costs in Phoenix are somewhat average.

Scottsdale named No. 21 best city to live in America

Rankings were calculated in several areas, including crime rates, public schools, housing trends, cost of living and nightlife.

Phoenix among top 5 metros for real estate development

StorageCafe conducted a study on construction in the 50 largest metros — and among them, Phoenix-Mesa-Chandler ranks fourth for growth.

Rent-to-own housing company launches in Atlanta, Phoenix with plans to expand 

Pathway Homes was formed by ResiLabs, a partnership between real estate private equity investor Regis Group, single-family rental landlord Invitation Homes Inc. and venture-capital firm Fifth Wall. 

Mortgage applications, interest rates rise first week of January

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Eviction crisis unfolds as courts process backlog of filed cases

Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire. 

Redfin reports 10 housing records set in 2021

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report. 

NAR applauds President Biden’s nomination of FHFA director

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.

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