Current Market Data

CoreLogic: Foreclosures? What Foreclosures?

CoreLogic’s April Foreclosure Report revealed another month of positive stats…for most markets Since late 2008, when the walls of the world’s economy started to tumble, approximately 5.7 million foreclosures have been completed in the U.S., and even more if

Down Payments are Down, but are Home Sales Up?

Down payment trends may hint at first time homebuyer confidence The average down payment for single-family homes, condos and townhomes was down to 14.8 percent of the purchase price for Q1 2015, the lowest number since Q1 2012, according

Atlanta’s Luxury Housing Market Remains Ahead of the Curve

Atlanta’s strong luxury housing market is showing now signs of slowing down Sales prices for Atlanta’s luxury housing market are leading the charge this year, according to a new Redfin analysis of the nation’s luxury markets. Redfin’s study analyzed the top 5 percent of

7 Important Things about Housing in the Government’s New Jobs Report

Latest jobs report features interesting implications for housing May was a positive month for the U.S. labor market, with the economy adding 280,000 jobs and the unemployment rate holding steady at 5.5 percent, according to the latest analysis from

CoreLogic: Georgia Prices Nearing Record Levels

New study from CoreLogic reveals how prices are changing around the country Marking more than three years of consecutive year-over-year growth, home prices nationwide, including distressed sales, pushed forward another 6.8 percent in April, according to a new report

Atlanta New Construction Up 36% in 2015

This year proving to be especially positive for Atlanta new construction Residential construction spending in the Atlanta area totaled $386 million in April, a 15 percent decline from the $456 million of April 2014, according to the latest report from Dodge Data &

Hispanics will be Key Driver of Housing’s Future

The Hispanic demographic struggles to recover from housing crash, but could become a big shaker in future markets Between now and 2020, roughly four out of every 10 new households in the U.S. will be headed by someone of

Hidden Truth Behind 2015’s Soaring New Home Sales

Last month’s new home sales appear hugely positive, but is there a hidden truth behind the numbers? On the surface, it would appear to be a wholly positive development for housing – sales of newly built single-family homes, according to

Atlanta Home Prices Remain Strong in Latest Case-Shiller

The latest Case-Shiller offered further evidence of Atlanta’s strong housing market Home prices in the Atlanta area rose 0.8 percent from February to March and 5.4 percent from March 2014, according to the latest Case-Shiller Home Price Indices from Standard

FAA Awards Commercial Drone Exemptions

Federal Aviation Administration approves 400-plus commercial drone exemptions As of late May 2015, the Federal Aviation Administration had granted 434 section 333 exemption petitions, which allow for the commercial use of unmanned aerial vehicles, or drones, and among them,

Freddie Mac Research: Rising Rents Do Not Increase Homeownership

New Freddie Mac research casts doubts on notion that rising rents push consumers toward homeownership It has been a common narrative in the post-boom housing market that rising rents would eventually push more consumers toward homeownership, but new research

RealtyTrac: Georgia Ready to Take on 2,000+ Foreclosures

RealtyTrac foreclosure report showed  increased activity In a market still reeling from an onslaught of foreclosures dating back early a half-decade, any news of foreclosures that approaches negative is likely to put the industry on edge, which is why RealtyTrac’s

Atlanta Poised to Add 100,000 Jobs in 2015

The news just keeps getting better for Atlanta’s economy in 2015 Atlanta’s housing market has been on a tear in 2015, and new economic projections suggest that business could get even better. According to analysis by Mark Vitner, a

NAR: Strong March Leads to a Weak April

NAR documents 6 percent jump in existing-home sales Market indicators have detailed a continual progression towards normalcy since early 2014, but a hiccup in April’s existing-home sales could mark yet another slow down in the pace of progress, according

Is the Weak Economic Recovery Hampering Homebuilding?

After a strong series of months, builder confidence has been a bit bumpy thus far in 2015 Builder confidence has been one of the unqualified success stories of the housing recovery, but weak economic fundamentals could hamper its progress.

5 Critical Details about New Construction in 2015

April new construction numbers excellent, but stats could be misleading On the surface, April was a fabulously positive month for new construction. Not only did housing starts jump 20.2 percent from March (the second largest jump ever recorded), but their

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