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GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
Atlanta REALTORS® Releases December 2022 Statistics on Housing Market
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its December 2022 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties
The Alliance To Save Energy And Partners Release The 2023 Energy Efficiency Impact Report
The Alliance to Save Energy is proud to announce the recent release of the Energy Efficiency Impact Report, a new and
Pending Home Sales Slid 4.0% in November
Pending home sales slid for the sixth consecutive month in November, according to the National Association of REALTORS®. All four U.S. regions recorded month-over-month decreases, and all four regions saw year-over-year declines in transactions.
Total Commercial and Multifamily Borrowing and Lending Expected to Fall to $700 Billion in...
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion.
Pending Home Sales Declined 4.6% in October
Pending home sales slid for the fifth consecutive month in October, according to the National Association of REALTORS®. Three of four U.S. regions recorded month-over-month decreases, and all four regions recorded year-over-year declines
Multifamily Developer Confidence Declines Significantly in the Third Quarter
While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs and challenging affordability conditions.
Only 25 percent of Kansas Homeowner Assistance Funds remain
The Kansas Homeowner Assistance Fund (KHAF), a federally funded, temporary emergency program to support homeowners experiencing hardship during the COVID pandemic, has dispersed 75 percent of program funds. Since the program launched in April 2022, KHAF has provided $34,946,068 to 3,151 households.
Commercial and Multifamily Mortgage Delinquency Rates Remain Low in Third Quarter 2022
Commercial and multifamily mortgage delinquencies remained low in the third quarter of 2022, according to the Mortgage
Single-Family Housing Contraction Continues in October
Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from deteriorating affordability conditions continue to act as a drag on single-family housing production.
Senior Home Equity Exceeds Record $11.58 Trillion
Homeowners 62 and older saw their housing wealth grow by 4.10 percent or $456 billion in the second quarter to a record $11.58 trillion from Q1 2022, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
Existing-Home Sales Slumped 5.9% in October
Existing-home sales retreated for the ninth straight month in October, according to the National Association of REALTORS®. All four major U.S. regions registered month-over-month and year-over-year declines.
Mortgage Application Payments Rise 3.7 Percent to $2,012 in October
Homebuyer affordability continued its downward trajectory in October, as the national median payment applied for by applicants increased 3.7 percent to $2,012 from $1,941 in September
Without increased supply, housing costs will continue to be unacceptably high
Report on the Consumer Price Index (CPI) makes clear that rising housing costs continue to fuel inflation. While increased interest rates are reducing demand, they are also crushing housing
Commercial/Multifamily Borrowing Declines 13 Percent in Third-Quarter 2022
Commercial and multifamily mortgage loan originations decreased 13 percent in the third quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s
Sustainability Solutions for HOAs: Solar and EV Charging
Now more than ever, home owners and buyers are pursuing sustainable efforts within their home. As more HOA residents look to install rooftop solar, or add EV charging in condos and townhomes, many HOA covenants need updating. The Atlanta REALTORS® Association invites residents, HOA board members, management companies
New Home Sales Fall Back in September as Interest Rates Jump Higher
Rising mortgage rates approaching 7% along with declining builder sentiment stemming from stubbornly high construction costs and weakening consumer demand pushed new-home sales down at a double-digit rate in September.
Freddie Mac Announces Underwriting Innovation to Help Lenders Qualify More Borrowers for a Mortgage
Freddie Mac (OTCQB: FMCC) will increase homeownership opportunities by including a review of a borrower’s bank account data to identify a history of positive monthly cash flow activity as part of its technology’s loan purchase eligibility assessments, the company announced today.
Mortgage Credit Availability Decreased in September
Mortgage credit availability decreased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
GCAAR housing stats | August ‘22
The median sold price for residential properties in the region for August was $599,000, representing an increase of 0.8% compared to last month and an increase of 2.6% from August 2021. The average days on market for units sold in August was 22 days, 16% below the 5-year August average of 26 days
