Current Market Data

New Homes Are More Expensive and Bigger than Ever Before

Bigger homes mean more luxury buyers – but what does that mean for first-time buyers?   The average unit size of new residential construction is increasing, according to a National Association of Home Builders report. The average size of

CoreLogic: Atlanta Cash Sales Are “Normal”

Real estate markets across the country continued hemorrhaging cash last October, a new report from CoreLogic confirmed, with the share of total sales falling 2.6 percentage points year-over-year. However, as is typical of the season, the amount of cash

CoreLogic: Home Prices in Atlanta Kept Climbing in December

Home prices continued their steady climb rounding out 2015, rising both year over year and month over month, according to CoreLogic. Across the nation, home price appreciation averaged a 6.3 percent increase from Dec. 2014 to Dec. 2015 –

Strong Atlanta Economy Ideal for Millennial Homebuying

Atlanta boasts a strong job market that appeals to young professionals Metro Atlanta’s unemployment rate fell to 4.9 percent at the end of 2015, the lowest level since 2007, according to the Georgia Labor Department. According to the report, 140,250

Developers are Pumping Billions into Metro Atlanta’s Housing Market

New analysis from Dodge Data & Analytics paints an encouraging picture for Metro Atlanta’s new construction marketplace The Metro Atlanta housing market capped off a strong year of residential investment, according to the latest numbers from Dodge Data & Analytics.

The 3 Trends Shaping New Construction in 2016’s Market

These three trends illustrate where new construction is heading in 2016 Last week, the U.S. Census Bureau reported that new single-family home sales in 2015 totaled 501,000, a 14.5 percent increase over 2014 that brought new home sales to their

Metro Atlanta’s Top-Selling Counties

According to the Atlanta Board of Realtors (ABR), residential sales in Metro Atlanta totaled 4,054 in December, a 4.7 percent increase from Dec. 2014 and a 24.7 percent increase from November. How did those sales differ county to county,

Atlanta’s Top High Schools with the Best Teachers

Homebuyers want to live in a nice neighborhood, and when homebuyers have a child, “nice neighborhood” translates to “wherever the good schools are.” Thanks to Niche, providing that information to clients is now much easier for agents. In its

Pending Home Sales Rose by How Much?

December was a modest month for contract signings, according to NAR Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major

Are First-Time Homebuyers Making a Comeback?

First-time homebuyers have been MIA for some time – are they poised for a comeback? The National Association of Realtors reported late last week that first-time homebuyers accounted for 32 percent of existing-home sales in December, which was up

CoreLogic: Distressed Sales Hit Lowest Nov. Since 2007

National distressed sales – including real-estate owned (REO) and short sales – fell 1.9 percentage points in November 2015, pushing the distressed share of total sales to its lowest November point since 2007, according to a new report from

Atlanta Price Growth Points to Opportunity

The latest Case-Shiller Indices offered numerable insights into the nation’s housing market Home price growth continues in the Atlanta housing market, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. The latest numbers, which track home prices

Down Payments are Rising in Georgia – What Does that Mean for the Market?

Home prices have been on a tear for the past couple years, and new homebuyers trying to enter the market have noticed it becoming pricier to not just buy a house, but even put a down payment on a

Are FICO Alternatives Becoming the Preferred Standard?

After years of heavy reliance on FICO scores, some lenders are now saying FICO’s view is too narrow, focusing too much on past behavior and not enough on consumers’ present circumstances. Alternative scoring systems have become a viable option,

Can You Believe It? TRID’s Impact on Markets is “Minor”

In December, existing-home sales re-found their footing, making up for the misstep in November. What did we learn? TRID was the cause of November’s slip, but it’s not a problem anymore. “Closing time metrics are showing minor effects of TRID,”

What the Consumers Don’t Know Will Hurt Them

Compared to a few years ago, the lending market is doing quite well. In fact, some institutions believe the progress of recovery is such that the market will be fully recovered by the end of this year. Now if

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