Current Market Data
There is a slight disconnect between homeowners and appraisers in Atlanta, according to Quicken Loans’ latest National Home Price Perception Index (HPPI). The good news is the disconnect is slight. In February, homeowner opinion in Atlanta placed the average
In the five years following the peak of the housing bubble – so from 2006 to 2011 – the United States’ construction industry lost 2.3 million laborers. By 2013, 60 percent had already found new careers in other industries – which meant
One of the top indicators for a housing market’s continued strength is new, incoming residents; and in 2016, for the second year in a row, Atlanta was the top destination for movers, according to a report from Penske Truck
Buying a home in Atlanta is a great deal – so long as they stay in it for at least a year and a half. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the
The compassion of America is in question. But not in Atlanta, according to a new report from realtor.com. To some homebuyers, that matters a whole lot. By the numbers, Atlanta is a generous city; the No. 6 most generous
The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked
Builders need to build – a ubiquitous sentiment throughout the country, and what some experts believe is the solution to widespread inventory shortages. Two new stats suggest that may be exactly what’s going to happen in 2017. The first stat
This year could be the year of the first-time homebuyer. Of course, that’s what experts said last year too. But this year it might actually happen. Of course, there remain barriers to entry – tight credit, inventory shortages, high
Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of
Homebuilders across the nation faced crippling labor shortages in 2016; in fact, it was the biggest problem they faced all year. Don’t expect anything to change in 2017. Eighty-two percent of builders say the No. 1 problem they expect
Which counties have the worst housing shortage in Metro Atlanta? Our chart below, which utilizes the latest stats from GeorgiaMLS, ranks the area’s counties, and also shows how inventory has changed from June 2016: County Dec. 2015 Inventory (months supply) June 2015
The Metro Atlanta new construction market concluded 2016 in spectacular fashion, according to research from Dodge Data & Analytics. In December, Metro Atlanta saw more than $465 million in total residential construction spending, which is a 51 percent increase from Nov. 2015. Moreover, year-to-date
Our chart below ranks the top-selling housing markets in Metro Atlanta in November, according to research from GAMLS. In addition to last month’s sales, we have also noted the counties’ Dec. 2015 sales, and how far they have risen since: County Dec. 2016 Sales Dec.
The Federal National Mortgage Association (Fannie Mae, created in 1938) and the Federal Home Loan Mortgage Corporation (Freddie Mac, established in 1970) are government-sponsored enterprises (GSEs) in their eighth year of conservatorship under the FHA. That is an exceedingly
Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of
Do you work in the Adair Park, Capitol View, or West End/Westview housing markets? If so, 2017 may prove to be a busy year. According to the new “Hottest Neighborhoods” rankings from Redfin, those three neighborhoods will see the most
