NAR: May pending-home sales jump unexpectedly

“May’s strong increase in transactions — following April’s decline, as well as a sudden erosion in home affordability — was indeed a surprise. The housing market is attracting buyers due to the decline in mortgage rates, which fell below 3%, and from an uptick in listings.” — NAR chief economist Lawrence Yun
The post NAR: May pending-home sales jump unexpectedly appeared first on Atlanta Agent Magazine.

Pending Home Sales Surge Higher, but Economists Warn That the Housing Market Could ‘Soon Hit Bottom’

Pending home sales rose last month, but the factors that have tested the nation’s housing market are likely to eat into sales in the months to come.
The post Pending Home Sales Surge Higher, but Economists Warn That the Housing Market Could ‘Soon Hit Bottom’ appeared first on Real Estate News & Insights | realtor.com®.

U.S. Supreme Court rejects CDC eviction moratorium

The nationwide eviction moratorium put into place by the Centers for Disease Control last year last year will end sooner than expected, following a ruling by the U.S. Supreme Court.
The post U.S. Supreme Court rejects CDC eviction moratorium appeared first on Atlanta Agent Magazine.

S&P CoreLogic Case-Shiller: Home-price gains “truly extraordinary”

In Atlanta, the index rose 1.7% month over month and 12.3% year over year. The monthly increase was slightly down from the 1.8% rise recorded in March.
The post S&P CoreLogic Case-Shiller: Home-price gains “truly extraordinary” appeared first on Atlanta Agent Magazine.

Ansley partner purchases technology, consulting firm Suburban Jungle

Suburban Jungle provides pre-search consultation services to homebuyers to help them find the ideal neighborhood or suburb for their needs and match them with a vetted real estate agent.
The post Ansley partner purchases technology, consulting firm Suburban Jungle appeared first on Atlanta Agent Magazine.

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