Current Market Data

Georgia has the Second Most Unfair Tax System in the U.S.

Georgia has the second least fair tax system in the country. That was one of the findings in WalletHub’s application of a nationally representative survey to rank which states had the most and least fair tax systems. The survey reflected what

Existing-Home Sales Slow in August

Market slows in an expected drop as summer comes to a close After three straight months of gains, existing-home sales dipped in August, despite slowing price growth and a positive turnaround in the share of sales to first-time buyers,

Metro Atlanta’s Top-Selling Counties, August 2015

Where in Metro Atlanta’s vast terrain were home sales the highest? In August, home sales in Metro Atlanta declined 16 percent, all but signaling the end of the summer homebuying season. That decline was apparent at the county level, which

The Federal Reserve Punts on Raising Interest Rates

Interest rates are staying right where they are…for the time being. And so the speculation continues for another month. After weeks of outside editorial, predictions and warnings, the Federal Reserve announced today that it will leave interest rates at their

What Kinds of Homes can Certain College Grads Afford?

Recent grads may fear buying a home because they are stressed from student loans and starting their lives. Some grads’ professions, though, will make them more prepared to purchase a home than others, and Realtor.com has put together a list

CoreLogic: Negative Equity Nears Single Digits in Georgia

Since last year, more than one million homes have found their way out of negative equity, a report from CoreLogic revealed. Since the second quarter of 2014, when 5.4 million homes, or 10.9 percent of all residential mortgages, were underwater, strong

22 Subcontractors Needed to Build the Average Home

According to a new National Association of Home Builders study, 70 percent of builders generally use between 11 and 30 subcontractors to build one single-family home. On average, a typical builder would use 22 subcontractors to build a house. Here is

Summer Buying Season Ends with a Thud in Atlanta

The summer homebuying season seems to have ended in August Total home sales in the 11-county Metro Atlanta region declined 16 percent from July to August, finishing the month at 4,652 sales, according to the latest numbers from the

Market Share of 5,000+ Square-Foot Homes Increases

In 2014, the share of new homes with 5,000-plus square feet rose to a post-recession peak of 3.75 percent of new homes started, or 24,000 units, according to the Census Bureau’s Survey of Construction. Back in 2006, the new construction boom

CoreLogic: Foreclosures in Atlanta Hardly a Problem

Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in

Metro Atlanta’s Top-Selling Counties, July 2015

Metro Atlanta trends continue into July As Atlanta Agent reported earlier this month, the Atlanta real estate market has been very strong, seeing an 8.7 percent increase over July 2014 despite an expected decrease in month to month sales

CoreLogic: Atlanta Home Price Appreciation Nears Nation’s

Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of

Atlanta New Construction Posting Big Gains in 2015

Residential construction spending in the Atlanta area was up 60 percent year-over-year in July, and so far in 2015 is 45 percent ahead of where it was last year. Those stats came courtesy of the latest Dodge Data & Analytics report, a

Fall of Chinese Stock Market Leads to Lower Mortgage Rates

Average fixed mortgage rates in the U.S. have fallen to their lowest levels since May of this year amid substantial and ongoing global volatility out of China, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage dropped

3 Important Trends in New Construction in 2015

The latest new home sales stats from the U.S. Census Bureau show many things are at work in the new construction marketplace According to the latest new construction report from the U.S. Census Bureau, new home sales in July

Atlanta Home Prices Remain Strong in Case-Shiller Indices

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Atlanta metro area rose 1.3 percent from May to June and 5.4 percent from June 2014, according to the new Case-Shiller Home Price Indices from

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