Current Market Data

5 Important Housing-Related Details from the New Jobs Report

What details in latest jobs report bear the most significance for housing? The nation’s unemployment rate fell from 5.5 to 5.3 percent in June, while the overall economy added 223,000 nonfarm payroll jobs, according to the Bureau of Labor

Distressed Sales Fall Considerably in Georgia

Over the last year, distressed home sales have become far less prominent in Georgia’s housing market Distressed sales throughout Georgia comprised 14.3 percent of all home sales in May, a marked drop from the 19.1 percent market share of a year ago,

Multifamily Construction Spending Leads Charge in 2015

Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census

Atlanta Home Prices Rise Strongly in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Atlanta area posted strong gains in Standard & Poor’s latest Case-Shiller Home Price Indices, rising 1.4 percent from March to April and 4.9 percent from

Builders Trade Entry-Level for High-End

Construction is down in the market’s lower end, and economists say they know why The construction industry continues to make strides bringing more new homes to the market, a Census Bureau report on housing permits recently showed. But while

Pending Home Sales Now at 9-Year High

May was a solid month for pending home sales activity, but uncertainty remains for housing’s future Pending home sales continued their hot streak in May, rising by monthly and yearly measurements to their highest level in nine years, according to

The Most Underrated Reason for Housing’s Slow Recovery

Two surveys, one from Bankrate and another from Capital One, spotlight Americans’ financial insecurities Twenty-nine percent of Americans have no emergency savings, and another 21 percent only have enough savings to cover three months of expenses. Those troubling statistics came

Negative Equity Still Huge Problem in Atlanta

Progress has been made on negative equity front, but troubling trends persist In the Atlanta housing market, 23.2 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding of

Atlanta Foreclosure Activity Spikes 27%

Foreclosure activity in the ATL shot up by a double-digit amount in May, according to new RealtyTrac numbers. Foreclosure activity in Metro Atlanta was up 27 percent year-over-year in May, according to the latest 2015 U.S. Foreclosure Market Report from

Value of Building Green

Some builders have avoided green building for fear of costs. Turns out, it could help them make money Environmentalists have long urged developers to design more green buildings, but faced with the high immediate cost of sustainable materials and

Atlanta Among Most Affordable Housing Markets for Millennials

Atlanta is still budget-friendly for Millennials Although skyrocketing housing costs and limited space have kept millennials from buying housing in popular metropolitan areas, Atlanta housing is still in the range of affordability for the average millennial. Bloomberg L.P., a

The Top-Selling Counties in Metro Atlanta

What counties in the Metro Atlanta housing market saw the most sales activity last month? Earlier this week, Atlanta Agent reported that home sales in Metro Atlanta were soft in May, rising just 1 percent from April to May and

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

Top 10 Dangers Facing Brokers Today

Brokers and their businesses face 10 big dangers – none of them easily solved The real estate industry is on a precipice, and how it falls from that point will determine its future. That was the central statement – if not

Multifamily Housing is Driving New Construction in 2015

New construction up in 2015, rising on the shoulders of the multifamily sector Housing starts may have been down 11.1 percent from April to May in the Census Bureau’s latest report, but building permits were an entirely different story.

Is Atlanta’s Housing Market Beginning to Slow Down?

Atlanta housing market on a tear this spring, but ABR’s latest numbers show market stepped back in May Home sales in the 11-county Atlanta housing market reversed course in May, falling 3.3 percent year-over-year to 4,583 sales, according to

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