Current Market Data

No new median-home price records set in July
No new median-home price records set in July

For the first time since early March, no new records were set for median-home-sale prices last month, ending the five-month streak of record-breaking home prices.

Housing affordability hits 10-year low
Housing affordability hits 10-year low

Just 56.6% of homes sold during the quarter were affordable to families earning the U.S. median income of $79,900, according to the National Association of Homebuilders/Wells Fargo Housing Opportunity Index.

Atlanta Housing Scorecard: Existing-home sales rise, housing inventory falls in July
Atlanta Housing Scorecard: Existing-home sales rise, housing inventory falls in July

Meanwhile, housing starts rose to 3,485 from 2,397 a year earlier, according to Atlanta Agent’s July Housing Scorecard.

Housing affordability falls for a third straight month
Housing affordability falls for a third straight month

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index.

How far are Atlanta homeowners willing to commute?
How far are Atlanta homeowners willing to commute?

With the increased number of professionals working remotely, today’s homebuyers are putting less of a premium on commute time and more on affordability.

RE/MAX: Atlanta housing inventory gets bump in June
RE/MAX: Atlanta housing inventory gets bump in June

The nationwide housing inventory shortage that has driven growth in prices and demand in Atlanta and other major markets may be beginning to ease, according to RE/MAX’s  National Housing Report for June.

Atlanta metro rent growth among the highest in the nation
Atlanta metro rent growth among the highest in the nation

More jobs and other factors are driving population and rental prices through the roof.

New-home sales fall 6.6% in June
New-home sales fall 6.6% in June

The U.S. Census Bureau and the Department of Housing and Urban Development reported that the median sales price slid to $361,800 from $380,700 in May.

Existing-home sales reverse four-month decline in June
Existing-home sales reverse four-month decline in June

At the same time, the median existing-home price for all housing types in May was up 23.4% on an annual basis, as every region in the country registered price increases.

Mortgage applications fall as interest rates rise
Mortgage applications fall as interest rates rise

Meanwhile, the seasonally adjusted purchase index declined 6% from the previous week, the Mortgage Bankers Association reported.

New Subscribe