Agent Blab

How do you read these statistics?  Let us know your thoughts and we will share ours tomorrow. Single family residential sales in Metro Atlanta totaled 2,680 in February 2012. This is an increase of 15% compared to the 2,487 total sales for the month of February 2011 and a 6.9% increase in sales c...

  By Michelle ConlinSource: Reuters.com (Reuters) - When Vena Jones-Cox entered the foyer of the once-grand Colonial-style home in downtown Columbus, Ohio, she stepped onto a wood floor that was so moldy and mushy that it actually wiggled. As Cox proceeded down the basement stairs, they disappea...

  By Stefanos Chen Source: AOL Real Estate Fannie Mae waded further into the foreclosure pool on Monday as it released new details on its plan to sell its repossessed homes as rental properties. The pilot program, first announced in August as an effort to clear the mortgage giant's backlog of fo...

  By KAREN BLUMENTHAL Source: The Wall Street Journal Being underwater on your home is bad enough. But owning a home that is worth less than what you owe on your mortgage also may mean that your lender is keeping a wary eye on you. Roughly one in five foreclosures is believed to be "strategic"—t...

By Motoko Rich, New York Times News Service Source: The Boston Globe The housing market remains a potent drag on the economy as home prices continue to slip, foreclosed homes fill some neighborhoods, and millions of construction workers scramble for jobs. But one group is sitting pretty: landlor...

By: Joe Rauch Source: Atlanta Business Chronicle For the hottest neighborhoods when it comes to Atlanta real estate, look no further than the places with the best schools. Real estate agents, builders and industry analysts said homes in the highest demand in 2011 were in the metro area’s best sc...

By Misty Williams Source: The Atlanta Journal-Constitution Metro Atlanta home prices continued to lose ground in December, hitting a 14-year low as the languishing U.S. housing market ended 2011 on a sour note, new data shows. Home prices fell for the fifth month in a row, slipping 1.8 percent i...

By Alan Zibel and Nick Timiraos Source: The Wall Street Journal Fannie Mae plans to sell nearly 2,500 foreclosed properties to investors in the first phase of an initiative to aid the U.S. housing market through bulk sales of distressed homes. The company’s regulator, the Federal Housing Finance...

By: Joe RauchSource: Atlanta Business Chronicle Nearly four years after metro Atlanta’s housing market collapsed, investors are playing a large, but hard-to-define role in the region’s recovery. Industry analysts said it is difficult to quantify just how large a role institutional and individual...

By NELSON D. SCHWARTZPublished: February 23, 2012 New York Times Bank of America said Thursday that it would no longer sell new mortgages to Fannie Mae, underscoring tensions in a fight between giants of the home loan market over billions in losses in the housing bubble. The latest move represen...