Current Market Data

High housing costs dampen homebuyer demand

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

Georgia MLS: Atlanta home sales, median sales price rose in August 

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

One in five millennials think they’ll never own a home

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

NAR: Pending-home sales post second monthly increase in a row 

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

Case-Shiller: Home-price index just 0.02% off 2022 peak; Atlanta sees 2.1% gain 

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. 

Atlanta REALTORS: Median-home price resumes upward trajectory in July 

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

‘Collapse’ of housing inventory drives price rebound 

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

Half of all buyers are first-timers in 2023

First-timers made up 45% of buyers in 2022 and 37% in 2021.

NAR: Existing-home sales decline as median price remains above $400,000 

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

Atlanta takes 6th place among top 25 cities for coworking space 

During the second quarter, the city saw significant gains in the number of coworking spaces as well as total coworking square footage, CoworkingCafe found. 

Housing starts rebound in July after June slump 

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Can these boomtowns accommodate their new residents?

Experts predict that Atlanta will be one of the most populated places in America by 2100. But can the metro actually handle all that growth?

Monthly mortgage payments up nearly 20% from 2022

Meanwhile, July’s home sale prices had their highest increase since November.

Georgia MLS: Home sales, median sales price declined in July 

New listings for homes in the 12-county Atlanta metro area also declined during the month. 

Modern newlyweds wish they’d registered for a down payment

Of survey respondents who made a wedding registry in the past two years, 85% said they would have preferred to receive money they could have used towards a down payment, mortgage payment or other associated homebuying costs.

NAR: Pending-home sales rise for the first time in four months 

The industry group issued its housing-market forecast along with its monthly Pending Home Sales Index for June. 

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