By the Numbers

Zumper: Atlanta apartment rents rise 6.4%

Atlanta’s median monthly rent for a one-bedroom apartment was $1,500 in March, placing it in a tie with Seattle for 16th place among U.S. metros, according to a report from the online listing agent.

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Georgia ranked 18th best state to live in by U.S. News & World Report

It also ranks among the top 15 states in the economy, infrastructure, opportunity and fiscal stability categories.

Housing observers expect February job gains to continue

“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day,” National Association of Realtors chief economist Lawrence Yun said in a release.

CommercialSearch: Atlanta multifamily sector among hottest in the U.S. in last decade

Atlanta was second only to Dallas-Fort Worth by number of multifamily deals between 2009 and 2020, according to CommercialSearch.

One in four Atlanta homes face bidding wars

Atlanta saw a drop in bidding wars with 26% of Redfin offers in January compared to 34.8% in December 2020.

Low-income housing doesn’t hurt home prices

The study dispels a long-held belief that nearby homes lose value once low-income housing is built in an area.

GAMLS: Atlanta home sales remain brisk in January

The Atlanta metro area continued to see a healthy pace of home sales in January despite dwindling inventory, Georgia MLS said in its Housing Snapshot.

Georgia housing market remains hot in 2020 despite pandemic

After a bumpy start to 2020, Georgia’s housing market shrugged off much of the initial pandemic-related disruptions to post a solid finish to the year, with major indicators pointing to strong demand and tight supply, according to the Georgia Association of Realtors’ annual report.

Vacation home sales skyrocketing

The trend of purchasing a second home has sent home prices in seasonal towns skyrocketing in value by 19% for the year ending December 2020.

Waiting to buy in Atlanta could mean higher mortgage payments

Fence-sitters thinking of buying a home beware, says a new study from Zillow, which notes that waiting could mean a much higher mortgage payment down the road.

First-time Atlanta homebuyers face bidding wars from wealthy out-of-towners

“Homeowners will see the value of their homes rise, but first-time homebuyers will face tougher competition from out-of-towners with big budgets.” — Daryl Fairweather, Redfin chief economist

RE/MAX: Home sales up 22%

It was the 5th best month of the year and outperformed most of 2019.

Atlanta makes top 20 list for sellers in 2021

“Historically low-interest rates, a shortage of new housing inventory and limited new construction have contributed to rising home prices nationwide.” — Don Ganguly, senior vice president of Mynd Investor Services

GAMLS: Georgia homes sales climb in December

Think December is a slowdown month for home sales? Well, don’t let Georgians know because residential sales climbed 5.8% from the previous month statewide

October sales spike for Georgia homes over $200K

There was a stark contrast between single-family home sales and condo sales, along with properties under $199,000, according to the report.

Atlanta sees ‘sharp drop-off’ in pending sales in October

New home closings dropped during October after going up during the months of June and July.

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