Current Market Data
Summer home prices continue to heat up as the 2018 market continues to feel the strains of low inventory, according to the latest report from the Atlanta Realtors Association. The median home sales price in May grew nearly 10
Millennials may be working hard to buy their dream homes, but many find themselves compromising to fulfill their goals of homeownership. According to a survey from ValueInsured, 85 percent of millennial homeowners compromised when buying their dream house. Survey
Sprucing up the curb appeal is one way homeowners can significantly increase the value of their home. A well-manicured property can increase a home’s value by anywhere from 6 percent to 13 percent compared to a property with no
Home sales across America are expected to continue rising throughout 2018 thanks to the nation’s stronger economy. The National Association of Realtors’ Chief Economist Lawrence Yun predicted the increase in sales during his 2018 mid year forecast. According to
While the overwhelming majority of homebuyers are married couples, it is women who make up the larger share of sales among single people, according to the National Association of Realtors. Single women are the second-most common homebuyer, accounting for
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,
