Current Market Data
Luxury home prices rise nearly 8 percent to average sales price of $1.8 million in the first quarter of 2018, according to a new report from Redfin. An analysis of over 1,000 cities by Redfin indicates prices of the
While home sales in Atlanta saw minor increases, prices continue to rise rapidly, according to the latest report from the Atlanta Association of Realtors. The median sales price rose 8.7 percent in April, from $252,000 last year to $274,000.
Residents of modest means increasingly can’t afford to live in major urban centers, and the result is taking a toll on our highways and commutes. As more people seek cheaper housing away from inner cities, the number of “super
The homeownership rate in the U.S. is trending upward, retaining the same 64.2 percent rate in the first quarter of 2018 as the last quarter of 2017, according to the Census Bureau’s Housing Vacancy Survey (HVS). The current rate
Atlanta ranked as the No. 8 city for homes with eco-friendly amenities, according to a recent study by realtor.com. The study found that 20 percent of homes on the market in Atlanta are considered “green” — meaning they have
Sustainable and eco-friendly homes are becoming increasingly desirable to homebuyers. In a recent survey from the National Association of Realtors’ Sustainability Program, Realtor respondents reported that the majority of homebuyers — 61 percent — are interested in green living. Additionally, 71 percent say
March marked the second straight month of increases for existing-home sales in the country. Total existing-home sales rose 1.1 percent to an annual rate (seasonally adjusted) of 5.60 million, up from 5.54 million in February, according to NAR’s most
Those buying a home in the U.S. are facing difficulties as housing prices continue to surge for the 24th straight month, which caused home sales to decline for the fourth straight month, creating a seller’s market across the country.
As the annual spring homebuying season gets underway, the Atlanta market is beginning to heat up. According to Atlanta Realtors’ March report, home sales are up 30 percent to 4,838 from February, when 3,702 homes were sold. However, sales continue
The percentage of Americans living in multigenerational households is at its highest since the 1950s. Using data from 2016, Pew Research Center estimated that 64 million people — or 20 percent of the U.S. population — live in a house
Years of historically affordable mortgage rates could come to an end as rates rise and are expected to escalate even further throughout 2018. So far, mortgage rates have increased nearly 50 basis points since the beginning of this year,
More than one-third of people — 35 percent — who bought homes last year submitted a bid without ever seeing the homes in person. According to a recent Redfin, this is an increase from 33 percent in May 2017 and significantly
Several long-term trends, including the explosion of student debt, is making homeownership a distant goal for most millennials. In a new Apartment List report, a renter survey analyzing responses from over 11,000 millennials across the United States found that indebted
Home prices saw significant year-over-year growth in the Atlanta area as the median sales price in January increased more than the national rate, according to the latest RE/MAX Georgia report. The median sales price in the greater Atlanta area
While tight inventory continues to nag the U.S. housing industry, homebuilders around the country are confident in the market, according to the National Association of Home Builders. The Housing Market Index revealed that builder confidence for new single-family homes
In the final three months of 2017, home prices overall reached an all-time high in 114 markets, according to the latest quarterly report by the National Association of Realtors. The national median price for a single-family home in the
