Trends
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In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.
Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.
Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.
There’s a reason many homeowners opt for neutral shades when trying to sell their house — certain flashy colors may be off-putting to buyers.
Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?
Location, location, location … at least that’s how the old real estate adage goes, right?
A variety of metrics in the Georgia MLS 12-county Housing Market Snapshot showed the beginnings of a robust spring selling season.
The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.
Home might really be where the heart is. According to a new Zillow survey, 42% of recent homebuyers reported finding love after buying their new home.
Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.
Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity
Days on market declined, as did housing inventory, according to the latest Atlanta Housing Scorecard.
In 2022, the most recent year for which Census data is available, 327,000 people moved to Georgia, while 252,000 people left.
Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020.
Declining interest rates spurred the increase.
Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.