Georgia

Home sales last month in metro Atlanta dropped more than 10% from a year ago, according to a report from the Atlanta Realtors Association.

Metro Atlanta home prices rose 6.5% during the past year, outpacing the national average and increasingly squeezing first-time home buyers.

There was a modest decline in hurricane-related delinquent mortgages in February, a sign that there are lingering problems in the affected markets.

March 20--Metro Atlanta home prices are up 9.8 percent from a year ago, while the supply of homes for sale has continued to shrink, according to a report from Re/Max.

Incenter Mortgage Advisors is putting up for bid a $712.8 million package of government-sponsored enterprise and Ginnie Mae mortgage servicing rights concentrated in the Southeast.

After narrowing its search to 20 cities, housing experts predict Amazon will choose Atlanta or Northern Virginia as its second headquarters, which will have a profound impact on both housing and the economy in and around the chosen city.

Metro Atlanta's housing market showed its fifth consecutive year of solid gains last year, but the shrinking supply in homes for sale has continued to drop into the red zone.

Loans late by 90 days or more are increasingly concentrated in parts of Florida, Georgia and southeast Texas as fallout from the storms continues to weigh on the market.

The new tax law helped boost fourth-quarter results at SunTrust Banks in Atlanta, while the recent rate hikes led to gains in spread income.

Mayor Keisha Bottoms said housing affordability, transparency, public safety, education, and transportation are priorities.