Current Market Data

Homebuyer demand remains resilient, despite rates, shrinking listings

Last month, homebuyer demand showed its resilience, despite mortgage rates being at a 23-year high and inventory continuing to be limited.

GAMLS: Atlanta median sales price rises in October 

At the same time, the pace of sales continued to slow.

Homesellers slash prices by record number

A record number of home sellers are dropping their prices as buyers continue to feel the impact high mortgage rates are having on their wallets.

Atlanta Housing Scorecard: Inventory, starts, sales all slide

Home sales, housing inventory and sales all fell, while days on market ticked higher.

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Atlanta REALTORS®: Median-sales price rises 2.5% in September 

At the same time, home sales dropped 20.3% to 4,371 transactions. 

Short supply helps drive existing-home sales to 13-year low 

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

The hottest home trends of 2024 — according to Zillow

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

MBA: Mortgage apps rise on increase in ARM activity 

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

Mortgage rates hit highest level in more than 20 years

New home listings are still on the rise, despite mortgage rates hitting the highest level in more than 20 years. And those high mortgage rates are pushing monthly housing payments higher than they’ve ever been.

GAMLS: Atlanta home sales drop in September 

The median sale price also declined, but new listings rose. 

The most-expensive home for sale in Georgia 

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

NAR: Pending-home sales fall 7.1% on high interest rates 

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

Homeowners are willing to spend big money for these bathroom trends

Among the top upgrades: large showers.

Atlanta REALTORS: Median-home price pops 4.7% in August 

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

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