Current Market Data

Residential Construction in Atlanta Hits $264 Million in Dec.

Atlanta put up strong residential construction numbers in December, though the market did take a step back from 2012. Residential construction in the Atlanta area totaled $264 million in December, according to the latest number crunching over at McGraw

CoreLogic: Atlanta Foreclosure Inventory Down 30%

Atlanta’s foreclosure inventory continues to improve, according to the latest research by CoreLogic. Atlanta’s foreclosure marketplace continued to barrel on through the path to recovery at the end of 2013, according to CoreLogic’s latest National Foreclosure Report. In Dec. 2013, just

Pending Home Sales Drop 8.7% in December, is Housing in Trouble?

Last year closed out on a sour note for pending home sales, according to NAR’s final tally. Dec. 2013 was a rough month for pending home sales, with the Pending Home Sales Index dropping 8.7 percent from November to

NAR: Existing-Home Sales Leap 9.1% in 2013

Existing-home sales enjoyed a very healthy 2013, though it’s unlikely the market will repeat that performance in 2014. The housing market capped off a successful year in existing-home sales in December, with sales rising 1.0 percent from November to

3 Reasons Not to Freak Out About the Weak New Home Sales Data

The Census Bureau’s latest report on new home sales was a bit weak, but that does not mean that the sky is falling. We’ll get the bad news out of the way first: the sales of newly built single-family

Atlanta Home Prices Rise 18.5% in November Case-Shiller

November 2013 was a good month for home prices in Atlanta, according to the latest Case-Shiller report. It was a tale of two housing statistics for Atlanta’s market in the latest Case-Shiller Home Price Indices from Standard & Poor’s.

Compared to Int’l Markets, Real Estate in Atlanta is a Steal

We may complain about high housing costs in the U.S., but internationally speaking, we don’t have a leg to stand on. It’s a common complaint among consumers that their rent/mortgage payments are too high, but if they only knew

The 7 Costs of a Single-Family Home’s Construction

We’ve looked at how newly built homes are priced and how those prices have changed in recent years; now, we look at costs. The last couple weeks, we’ve looked at both how a single-family home is priced and how

What Salary is Needed to Buy a Home in Atlanta?

How affordable is our city’s housing market, when we view the topic from a salary-centric perspective? With nationwide interest rates on the rise and home prices jumping aggressively in certain marketplaces, housing affordability has once again become a hot-button

RealtyTrac: Atlanta Foreclosure Filings Down 30% in December

Atlanta continues to make progress with its foreclosure markets, according to new analysis by RealtyTrac. In December, foreclosure filings in Atlanta were up 13 percent from November but down 30 percent year-over-year, according to the latest numbers from RealtyTrac.

6 Nuances to the Latest New Construction Numbers

The year of 2013 was a promising one for new residential construction, though there remains considerable room for improvement. We’ll start with the good news: housing starts in the U.S. were up 18.3 percent year-over-year in 2013 and building

NAHB: Builder Confidence Dips Slightly in January

Homebuilder confidence declined a smidgen in January, though it remained in positive territory. Builder confidence for the newly built, single-family home market declined a single point from 57 to 56 in January, according to the latest Housing Market Index

How Have the Cost & Price of New Homes Changed?

The costs and prices of newly built single-family homes are hardly static, the data shows. Last week, we reported that a newly built single-family home in 2013 cost $399,532 to homebuyers, and we looked at the seven components of

Movoto: Atlanta Housing Inventory Up 9.3% in 2013

Housing inventory in Atlanta continued it’s ascent, according to the latest analysis. Though housing inventory remains low by historical standards, 2013 was the turning point, the year that inventory bottomed and housing marched forward into positive territory. At least,

What Percentage of Real Estate Agents are Homeowners?

Real estate agents may sell housing for a living, but how many of them are actually homeowners in their own right? Real estate agents argue on a daily basis for the merits of homeownership, but how many of those

Property Values in Atlanta Increase 1.5% in 2013

We all know that home prices are on the rise, but what about property values and price per square foot? Earlier this week, we reported rather optimistically on home prices, and for good reason – according to the latest

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