Georgia

Georgia metros show sharp divide in days on market

Georgia’s housing market presents stark contrasts. The state reports a median 70 days on market for single-family homes. HW Data highlights a sharp divide, with some Georgia metros selling in weeks while others take months to turn. Quick-selling metros Hinesville-Fort Stewart leads the state’s larger markets with homes selling in a median of 42 days. […]

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Inventory-heavy states show wide gaps in sales speed

In the national housing market, states with the most active listings show wide differences in how quickly homes sell. HW Data shows California moving inventory the fastest, while Florida and Texas take longer despite carrying larger supply. California sets the pace California carries 57,065 active listings and a 63-day median time on market. Months’ supply

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Interlinc Mortgage adds Gary Royal as Southeast sales manager

Interlinc Mortgage announced Wednesday that Gary Royal has joined the company as its Southeast regional sales manager. Royal has nearly 40 years of mortgage industry experience and “brings a proven track record of leadership, growth, and team development across multiple markets,” Interlinc said in a press release. Royal, who is based in Georgia, will lead

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RealReports AI property data expands to MLS platforms

RealReports and Restb.ai announced a partnership on Tuesday to integrate appraisal-grade property insights into multiple listing service (MLS)-facing tools. First Multiple Listing Service (FMLS) in Georgia and MLS Now in Ohio will be among the first MLS organizations to offer the technology to members. FMLS serves 57,000 members across Georgia and the Southeast while MLS

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Sun Belt leads sales volume but posts nation’s lowest absorption rate

The Sun Belt region continues to dominate the U.S. housing market in raw transaction volume, recording 25,857 weekly home sales across its metropolitan areas, nearly six times the Northeast’s 4,452 sales and more than double the West’s 11,061 transactions. However, this sales advantage masks a market efficiency gap. The Sun Belt’s inventory of 353,916 properties

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Howard Hanna enters Georgia with latest acquisition

Howard Hanna Real Estate Services is continuing its growth efforts. On Tuesday, the firm announced its acquisition of Coastal Properties, which serves clients in the Lowcountry regions of South Carolina and Georgia. The financial terms of the deal were not disclosed.  Howard Hanna said the acquisition accelerates its growth in the Southeast and marks the

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CrossCountry Mortgage settles sexual harassment case in Georgia

CrossCountry Mortgage (CCM), a branch manager in Georgia and a former employee have reached a settlement in a sexual harassment lawsuit, according to court filings. The case began in June 2023 when former processor Christina Nielsen alleged that branch manager Steven Bocca subjected her and other female employees to sexual comments, unwanted touching and inappropriate

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Forged deed and mortgage fraud cost Georgia couple their home

A Georgia couple lost their longtime family home after a forged deed led to a reverse mortgage they claimed they never signed, according to reporting from WSB-TV. James and Lucretia Klucken said they began receiving notices in 2019 about repayment on a $50,000 reverse mortgage tied to James’ family property. After reviewing the documents, James,

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ERA Real Estate firms merge in Atlanta

Two established Atlanta metro-area real estate firms — ERA Foster & Bond and ERA Sunrise Realty — have merged, combining operations under a single brokerage that now includes more than 175 agents and six office locations. The combined firm now has a Georgia footprint that extends across Atlanta, Canton, Duluth, Marietta, Milton, Athens and Savannah.

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Mortgage delinquencies are rising as homeownership costs pile up

Rising property taxes, insurance payments and growing delinquencies are eroding the promise of long-term stability in homeownership, according to a new blog from Cotality. The post revealed that across the country, more people are starting to fall behind on their mortgages due to the post-purchase costs. These include property taxes and homeowners insurance, both of

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