Current Market Data

Atlanta home sales slide in August 

The pace of transactions was down monthly and yearly, according to the Georgia MLS. 

New-home sales jump in July 

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

Existing-home sales end 4 months of declines in July 

The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.      

Atlanta ranks No. 5 in U.S. for home sales in July 

Closed sales rose 7.1% year over year to 7,147 transactions, according to the most recent RE/MAX National Housing Report. 

Atlanta housing market shifts to balance, sellers no longer at an advantage

Competition in the housing market is expected to reignite as falling mortgage rates breathe new life into buyers, according to Zillow’s latest report. 

Housing inventory reaches post-pandemic high as market continues to balance

The combination of rising inventory and price reductions in Atlanta and nationwide is creating a more buyer-friendly market.

Average mortgage rate drops to lowest level in more than a year

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

GAMLS: Atlanta home sales rebound in July 

The median sales price, meanwhile, was down month over month and up year over year. 

Pending home sales regain upward momentum in June 

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

The most popular ways to upgrade a home in 2024 — without a huge demolition

There are plenty of ways to upgrade a home without knocking down walls or hiring a whole construction crew.

Housing data still leans in favor of sellers, REALTORS® Confidence Index shows

Just 13% of respondents expect an increase in buyer traffic in the next three months.

Atlanta ranks fourth for home sales in June 

The city moved up one spot from its May ranking, despite a significant drop in sales, according to RE/MAX.

Atlanta ranks No. 2 for renters 

The city moved up two spots in RentCafe’s annual study. 

Atlanta remains among top 10 large U.S. cities for coworking space in Q2 

Atlanta ranked No. 7 for the number of coworking locations and No. 8 for coworking square footage, CoworkingCafe said. 

Falling mortgage rates, increased supply create opportunities for homebuyers

Despite record high prices, two factors are creating opportunities for homebuyers this summer: falling mortgage rates and rising supply.

Most American homeowners crave privacy from their neighbors

Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.

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