The housing market continues to show improvement not only in Atlanta but across the country. While record-low national housing inventory remains, the number of foreclosures reported across continues to decrease. ATTOM recently released the 2021 Year-End U.S. Foreclosure Market Report, detailing scheduled actions, default notices and bank repossessions recorded in the past year. Licensor of the nation’s top comprehensive data and[...]
Roof ventilation is a very important part of building a proper home. This essential part of a building helps a home be what it should be. If you’re buying a home, pay attention to the roof ventilation. Obviously, when you’re viewing a property, you can’t usually see much of the roof, but ask the question about how the roof is[...]
Foreclosure Equals Pre-Foreclosure in Current Hot Real Estate Market Winter is here and, along with it, a pre-foreclosure wave. So says investor and residential real estate expert Cameron Dunlap of Real Estate Wealth Network. With housing prices hitting record highs and inventory at an all-time low, a homeowner facing foreclosure can sell their home before it goes back to the bank.[...]
Wondering what roofing issues you should look for when buying a home? Buying a home is a large investment. For many, it’s the largest investment they have! That’s why it’s critical to make good use of your diligence period and come in prepared. This article will walk you through some of the most important things to consider when it comes[...]
It’s almost the start of a new year – the perfect time to make new resolutions or goals for your future! The new year is the best opportunity to get a fresh start by finding a brand-new home. It may seem like a big change, but it’s a great step toward achieving the lifestyle you’ve dreamt about. Not sure how to[...]
Changes are coming to flood insurance. As a result, Atlanta homeowners and homebuyers need to be aware of how the Federal Emergency Management Agency (FEMA) Risk Rating 2.0 affects flood insurance rates and coverage. FEMA released several documents in early September 2021, including guidance for the upcoming transition to its new risk rating methodology. For instance, the guidance outlines how[...]
FHA Multifamiliy Housing Loan Limits FHA loan limits for multifamily housing in 2022 have increased. The Federal Housing Administration announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $78 billion for each -- a combined total of $156 billion to support the multifamily market. The 2022 caps, which increased from $70 billion for each[...]
At MarketNsight's December 9, 2021 MarketWatch, David Godwin, Senior Vice President of Business Development for Bank South Mortgage was asked, "What is going to happen to interest rates in 2022?" His response was, Fannie Mae, Freddie Mac, the National Association of Realtors and the Georgia Bankers Association are all showing a slight uptick in mortgage rates for 2022. Godwin makes[...]
Now that we are in November and Halloween is behind us, there is no time like the present to plan to stick within your budget for the holidays. It will be no time at all before you'll be making holiday plans and having expenditures on everything from Thanksgiving prep, Black Friday sales and presents for the whole family. In the[...]
Eric Glick, regional sales manager with New American Funding, joins the Atlanta Real Estate Forum Radio show to discuss the new FICO score program, updated FHA regulations and millennial homebuyers. Glick joins hosts Carol Morgan and Todd Schnick for the All About Real Estate segment. New American Funding is a home loan and mortgage assistance company founded in 2002 that offers a[...]