Atlanta REALTORS® Association: In the Press

ARA in the Press

Joel McRae, Digitial Marketing Specialist
404.732.0613 or joel@atlantarealtors.com

Atlanta gets $22 million for rental assistance: Atlanta Agent Magazine quotes ARA press release | September 9, 2020; The Atlanta REALTORS® Association is urging landlords to encourage tenants having trouble paying rent to make use of a new assistance program made available through partnership between the City of Atlanta and the United Way of Greater Atlanta.

7 homes for sale in Atlanta for $150K or less right now: AJC quotes ARA Market Brief | June 16, 2020; Spring home sales have slowed considerably amid the Coronavirus pandemic. In April, home sales in metro Atlanta were down more than 25% from the year before, according to the Atlanta REALTORS® Association.

Metro Atlanta housing sales tumble nearly 37% in May: Atlanta Business Chronicle quotes ARA Market Brief | June 15, 2020; Single-family housing sales in metro Atlanta plummeted 36.8% in May compared to last year’s numbers, according to the latest report from the Atlanta Realtors Association. The dip in sales is attributed to the statewide shelter-in-place order that was implemented to slow the spread of the Covid-19 pandemic.

5 houses for sale right now in Atlanta for less than $250K: AJC quotes ARA President Jennifer Pino | May 16, 2020; Home sales have started to pick up again in metro Atlanta this month, although they remain far from the figures for a typical May.

Realtors just say no to open houses: Atlanta Agent Magazine covers ARA Facebook Live Panel | May 14, 2020; Cities across the country are slowly reopening from coronavirus stay-at-home orders, but some agents are still reluctant to get back to business as usual.

Metro Atlanta home sales plunged in April, hope for rebound: AJC quotes ARA Market Brief | May 13, 2020; As businesses temporarily shut down and joblessness climbed to Depression-era levels, home sales in the metro area plunged last month, according to a report from the Atlanta REALTORS® Association.

Metro Atlanta housing sales plunge almost 26% in April due to coronavirus, but prices went up: Atlanta Business Chronicle quotes ARA Market Brief | May 12, 2020; The single-family residential housing market in metro Atlanta continued to take a beating in April due to the coronavirus pandemic, with total home sales plummeting nearly 26% compared to last year’s numbers, according to a recent market report. Average and median prices of home sales, however, increased.

Housing markets in most big cities struggle because of coronavirus shutdowns, but these markets buck the trend: USA Today quotes ARA President Jennifer Pino | May 7, 2020; "Atlanta’s real estate market was also in hyperdrive prior to COVID-19," Pino said. "Inventory was extremely tight – at around the two-month supply level – well below the six-month dividing line that separates a buyer’s market from a seller’s market."

Atlanta Realtors expect April sales, listings to reflect slowdown due to coronavirus pandemic: Atlanta Business Chronicle quotes ARA Market Brief | April 20, 2020; Residential sales in metro Atlanta were down nearly 4% in March compared to last year, as Realtors scrambled to deal with shelter-in-place orders, buyers backed out of some sales due to the volatile stock market and sellers took houses off the market due to the uncertainty the onset of the coronavirus outbreak created in the economy.

NAR: This recession won’t be like the last: Atlanta Agent Magazine covers ARA interview with NAR's Lawrence Yun | April 1, 2020; The country is much better positioned to rebound from the current recession than in the Great Recession, where subprime loans and an overabundance of housing stock across the nation made the real estate recovery more difficult, according to Lawrence Yun, chief economist for the National Association of Realtors.