Current Market Data

Despite rising rates, housing market expected to thrive

“Context matters and each rising-rate era is different, says First American Chief Economist Mark Fleming. “The housing market response depends on the reason why rates are rising.”

Contract signings reach record high for the month of December, says NAR

Nationally, contract signings rose 21.4% from December 2019, with all regions reaching double-digit year-over-year increases.

Moving home gives young homebuyers an easy way to save for a down payment

Based on U.S. median one-bedroom rent, it would take 11 months to save for a 5% down payment for the median priced home in the U.S.

Atlanta named No. 5 most glamorous city in U.S.

A new report ranks the glamour capitals of America — as well as the glamour deserts.

First-time Atlanta homebuyers face bidding wars from wealthy out-of-towners

“Homeowners will see the value of their homes rise, but first-time homebuyers will face tougher competition from out-of-towners with big budgets.” — Daryl Fairweather, Redfin chief economist

Existing-home sales in 2020 highest since 2006, says NAR

Amid demand, housing inventory sank to historic lows.


December Housing Starts report offers optimism for 2021

New home construction accelerating, offering supply relief as 2021 begins.

RE/MAX: Home sales up 22%

It was the 5th best month of the year and outperformed most of 2019.

GAMLS: 2020 was Georgia’s biggest sales year ever

It was a record-shattering year for brokers and agents using the Georgia MLS, with sales volume jumping 18.5% from the previous year to $39.9 billion, according to the listing service. That’s the biggest number Georgia MLS has experienced since its inception in 1962.

Zillow survey names Atlanta 7th hottest housing market in 2021

More affordable metros are replacing expensive coastal areas as top drivers of home value growth.

Rents rebound, according to new report

U.S. single-family rent growth exceeded pre-pandemic rates in November, according to latest CoreLogic report.

Here’s what 2021 buyers want in a kitchen

The Houzz 2021 Kitchen Trends Study highlights post-pandemic must-haves.

Atlanta makes top 20 list for sellers in 2021

“Historically low-interest rates, a shortage of new housing inventory and limited new construction have contributed to rising home prices nationwide.” — Don Ganguly, senior vice president of Mynd Investor Services

Over 10,000 homes sold in Atlanta in December

The decline of home mortgage interest rates is continuing to fuel homebuying demand in December, pushing the median home-sale price up 13% nationwide to $334,300, according to a new report from online broker Redfin.

GAMLS: Georgia homes sales climb in December

Think December is a slowdown month for home sales? Well, don’t let Georgians know because residential sales climbed 5.8% from the previous month statewide

Does your client know owning is cheaper than renting in most markets?

Here’s a little tidbit that might help clients decide whether or not it’s time to buy their first home — it could save them some money.

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