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John Burns Research: Excessive inventory ‘weighing on’ Atlanta home values

by Elizabeth Kanzeg Rowland

Cara Lavender, senior research manager at John Burns Research and Consulting. (Photo courtesy of John Burns Research and Consulting)

Atlanta’s resale and flipping markets remain slow heading into 2026, possibly due to “excess inventory weighing on home values,” according to Cara Lavender, senior research manager at John Burns Research and Consulting.

Lavender projected home price declines in 2026 with growth returning in 2027 and 2028. She noted that new home prices fell 5% on a yearly basis in December 2025, and inventory for finished homes remained high.

The resale and fix-and-flip markets stayed slow, with excess inventory dragging down home values. Lavender expected existing home prices to decline slightly in 2026 and resume growth in 2027 and 2028. She noted that luxury homes continue to outperform in price growth.

Regarding Atlanta’s population, Lavender explained that migration into Atlanta has slowed but remains positive, growing by 4,765 residents in 2024 and 6,191 in 2025. Jackson and Henry counties saw especially strong gains.

“2025 showed us that the housing market can shift quickly, and staying informed is more important than ever,” said Geoff Deckelbaum, president of SRP Lending. “Our goal is to provide clients with the financial tools and market insights they need to make confident decisions in a dynamic environment.”

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