Current Market Data

3 indicators leading you into the summer market

It’s clear we’re in a transitional real estate market at the moment, but the destination isn’t quite as obvious. While this year has been notoriously difficult to predict in terms of home sales, there are three indicators that can

Atlanta among the top destinations for US homebuyers

Atlanta remains one of the top destinations for Americans looking to move elsewhere, according to a recent analysis from Redfin. The online home listing company compiled data from approximately 1 million users who searched for homes for sale on

Home sales fall back to earth in March

  After a strong nationwide rebound in February’s home sales figures, purchase activity resumed its downward trajectory in March. According to the National Association of Realtors’ existing-home sales report released April 22, completed transactions fell 4.9 percent between February

Hispanics the only ethnic group with net growth in US homeownership

In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State

Consumer confidence in housing market surges

Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by

Will buyers rule the market this spring?

The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home

Home sales surge ahead of spring

For real estate agents, spring may have arrived early this year. After a string of anemic reports through the winter, home sales numbers picked up across the U.S. in February. The National Association of Realtors reported that existing home

This week in Atlanta real estate: Smart neighborhood, housing sales decline and more

A building boom in Gwinnett County, multiple affordable housing projects and residential additions to a creative community are also in this week’s roundup.

More Americans say now is a good time to buy a home

NAR’s quarterly Homeownership Opportunities and Market Experience survey found homebuyer sentiment improving at the beginning of 2019. Out of more than 2,700 respondents to the survey, 65 percent agreed that Q1 2019 was a good time to buy a home.

Sales down, prices up in February

The Atlanta Realtors Association released its February Market Brief, which showed that 3,464 homes were sold last month, a whopping 16.9 percent increase over January 2019’s figure, which was 2,963. Median sales prices rose 3.5 percent from $264,000 in

Global wealth growth could offset ultra-lux home glut

Global economic growth will add 43,000 more people to the list of ultra-high net worth individuals by 2023. That’s good news for the luxury real estate industry in the U.S. and elsewhere, as sales and price growth have plateaued in recent years.

New 2019 housing forecasts reflect brighter outlook

Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the

It’s cheaper to buy than rent in Atlanta

If your renter clients are under the impression that it’s too expensive to buy a place in metro Atlanta, LendingTree has some data that may make them rethink that. In fact, based on cost alone, it may not make

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Atlanta housing starts dip, but not for lack of demand

It’s been almost a decade since the Atlanta region experienced a year-over-year decline in quarterly construction starts but that’s exactly what happened last year, according to research released this week by Metrostudy, a provider of primary and secondary marketing

Case-Shiller: Home price growth trending downward

One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered a

Jan. existing-home sales leave room to grow

Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economist expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes

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