Realtors hope it will be easier to buy a house in 2024. It can't get much harder: last year was one of the slowest on record thanks to high mortgage rates coupled with a housing shortage.
Housing insecurity is not just an Atlanta issue, but a problem across Georgia and many other areas of the country, increasing the need for partnerships between government and other entities to address it.
Curtis Hertwig lives in the Shirley Hills home he grew up in. His parents had hired local architect Bernard A. Webb, who was known for his innovative designs. But not all of the neighbors were thrilled about such a modern addition to the neighborhood at the time.
Remote appraisals shot up during the pandemic, replacing in-person inspections by appraisers. Even as restrictions ease up, they could be the standard for how homes are valued.
Two low home appraisals spurred a Black woman in Indianapolis to administer her own fair housing test. The result led her to file a complaint alleging housing discrimination.
It's not only low interest rates pushing up prices to record highs. A historic lack of homes for sale is a big part of it too. And it's making homeownership unaffordable for too many people.