Located at 4665 Riverview Road in Sandy Springs, the 17,776-square-foot Chestnut Hall is the most-expensive home for sale in Georgia.

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Among the top upgrades: large showers.

At the same time, home sales slid 15% year over year to 5,088 transactions, the smallest annual decline of 2023. 

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

Canceled home-sales contracts hit their highest rate in almost a year as skittish homebuyers blanche at mortgage rates that are the highest they’ve been in more than 20 years

A rise in new listings is finally giving potential homebuyers options as the summer market winds down.

Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

New listings rose on a monthly basis but declined on an annual one. 

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

The association’s Market Brief showed a positive year-over-year comparison for the first time in four months in July.