Posts by Alsha Khan

Housing market simmers down, but pending sales are still up
Housing market simmers down, but pending sales are still up

While pending sales are up 29% year over year, they are starting to slow and have fallen 9.7% from their...

Atlanta ranks 3rd on top 50 new markets list based on 2020 closings
Atlanta ranks 3rd on top 50 new markets list based on 2020 closings

Experts at Builder Magazine recently came out with their Local Leaders list for 2020, which ranks the country’s 50 largest new-home markets based on closings by the end of the...

Zombie foreclosures up 21% across the country 
Zombie foreclosures up 21% across the country 

Of the 99 million residential properties in the U.S., approximately 1.4 million (or 1.4%) are vacant this quarter, with “zombie” home rates increasing both quarterly (21%) and annually...

Asian-American homeownership grows but shows disparities between different ethnic groups
Asian-American homeownership grows but shows disparities between different ethnic groups

The number of Asian-headed households grew 83% in the past two decades, but economic inequality and inequity between different Asian ethnic regions is still an issue....

Regulations add almost $94K to new home prices
Regulations add almost $94K to new home prices

A recent NAHB survey shows that regulatory costs imposed by the government account for $93,870 (or 23.8%) of the current price of new...

It’s a seller’s market, Fannie Mae survey shows
It’s a seller’s market, Fannie Mae survey shows

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment....

Demand for second homes more than doubles pre-pandemic numbers
Demand for second homes more than doubles pre-pandemic numbers

The number of buyers who locked in mortgage rates for second homes spiked to 178% year over year in April, according to a report from...

Homes with family-friendly outdoor features selling fast
Homes with family-friendly outdoor features selling fast

Listing keywords associated with families and children, like community pools, nearby parks and cul-de-sacs, led to both faster-than-expected sales and higher...

Lumber prices triple, raising home prices by $36,000
Lumber prices triple, raising home prices by $36,000

Lumber prices have tripled over the past 12 months, driving up the price of the average new single-family home by $35,872. NAHB hopes to alleviate the situation by meeting with the White House, lawmakers and...

Atlanta remains a top moving destination in U.S.
Atlanta remains a top moving destination in U.S.

Atlanta has been ranked as the fifth moving destination by Penske Truck Rental in its 11th annual Top Moving Destinations...

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