Current Market Data

CoreLogic: Atlanta Has Less Cash, and It’s a Good Thing

Cash sales dropped ever closer to the pre-crisis norm of 25 percent in July, falling from 34.2 percent 12 months earlier to 30.8 percent, according to a new report from CoreLogic. With traditional financing becoming a more realistic option

Case-Shiller: Atlanta Home Prices Rising Solidly

Home prices in Metro Atlanta have risen steadily Home prices in the Atlanta metro area rose 0.2 percent monthly and 5.6 percent year-over-year in August, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. Though Atlanta’s yearly increase remained ahead of the national

How Lagging Economic Optimism Impacts Housing

The economy on a whole may be doing better, but most Americans are not directly experiencing those gains The unemployment rate is currently 5.1 percent, down substantially from where it was five years ago. Since bottoming in March 2009, the

Apartment Construction Drives Market in 2015

Without the surging apartment sector, where would new construction be in 2015? Housing starts in September were up 6.5 percent from August and 17.5 percent from Sept. 2014 to a seasonally adjusted annual rate of 1.026 million, which is the

BofA Survey: Millennials Confident, Yet Stressed About Money

According to the new Better Money Habits Millennial Report from Bank of America, while 84 percent of Millennials are self-reliant when it comes to managing their own finances, 41 percent are constantly stressed about money. Moreover, the report found that money stress

Builder Confidence Hits Highest Level in 10 Years

Builders are now more confident than at anytime since the housing boom Builder confidence in the market for newly constructed single-family homes rose three points in October to a level of 64 on the National Association of Home Builders/Wells

Atlanta Real Estate Professionals Are Earning More

The Business Journals, analyzing the latest Census Bureau data, has compiled a list of the most profitable U.S. cities for a wide range of professions, including loan officers and real estate agents. In Atlanta, 2014 salaries for loan officers

3 Important Trends in Atlanta Real Estate

Atlanta’s real estate market continues to show signs of improvement, according to the latest ABR numbers September was a very positive month for real estate in Metro Atlanta, with sales up, prices moderate and inventory stable, according to the

62% of Americans Have Almost No Savings

Yet another study finds that a majority of Americans are on financially insecure footing Sixty-two percent of Americans have inadequate savings. That alarming statistic was the main finding of a Google Consumer Survey that GoBankingRates, a national website that

Atlanta’s Top-Selling Luxury Markets

Where, in the city of Atlanta, are luxury home sales the most common? Home sales across Metro Atlanta have been very positive throughout 2015, but what of the city’s luxury markets? Below, we’ve charted the top-selling luxury markets in

CoreLogic: Does Atlanta Have a Foreclosure Problem? No.

Recovery continues as foreclosure levels dropped yet again in August. National foreclosure inventory fell 25.2 percent year-over-year and completed foreclosures dropped 20.1 percent, according to a new report from CoreLogic. The latest decline in foreclosures is only the latest step

Atlanta Named One of Nation’s Top Markets

The Urban Land Institute released its 2016 Emerging Trends in Real Estate report and survey recently – the 36th edition of the institute’s trends and forecast report – providing analysis of the nation’s top real estate markets, and subsequently

9 Surprising Stats about the State of Housing in 2015

Housing has made considerable progress the last few years, but elements of the downturn still linger. Recently, there have been many promising developments in housing. New construction, for instance, is becoming more affordable, and new home sales are up

MBA: Mortgage Credit Availability Increases

Mortgages were slightly easier to attain in September, according to a new analysis by the Mortgage Bankers Association. The MBA’s Mortgage Credit Availability Index (MCAI), which tracks access to credit, rose 0.3 percent in September to 126.5; any increase in

MBA: Mortgage Applications Increase Dramatically

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications increased 25.5 percent from the week prior. Refinancing activity increased by 24 percent, while purchase mortgages rose by 27 percent. Refinancing comprised 57.4 percent of all mortgage

Does Atlanta’s Surging Rental Market Spell Bad Things for Homeownership?

The rental market in Atlanta has been red-hot for some time now, but what does that mean for homeownership? The average rent in Atlanta’s housing market is $885, and the area’s rental growth is faster than most other major metro areas. Those were the

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