Current Market Data
Which counties have the worst housing shortage in Metro Atlanta? See our chart below, which utilizes the latest stats from GeorgiaMLS to find out: County Nov. 2016 Inventory (Months Supply) Cobb 2.49 Gwinnett 2.54 Fayette 2.64 DeKalb 2.9 Cherokee 2.9 Paulding 3.11
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’ Nov. 2015 sales, and how far they have risen since: County Nov. 2016 Sales Nov.
The rise in home prices has dramatically outpaced wage growth through Metro Atlanta, and it is beginning to impact the market’s famous affordability, according to the Q4 2016 Home Affordability Index from ATTOM Data Solutions. As our chart below demonstrates, since the markets
When the U.S. housing bubble peaked in 2004 and 2005, the market seemed to be in grand shape: the homeownership rate was 69 percent; the Case-Shiller National Home Price Index was 184.4, a 135.5 percent increase from 1994; and
Home sales in the Metro Atlanta housing market roared back to life in November, according to the latest report from Atlanta Realtors. For the month, Metro Atlanta saw 3,984 sales, a 20.1 percent increase from Nov. 2015. Sales were
President Obama’s legacy will take shape over the coming years, but one thing is clear – he will be remembered as a champion of homeowners, a fact his record bears out. Here are a few of his most notable achievements, as they
When it comes to the housing market’s ever-worsening inventory situation, one factor receives an outsized share of the blame – the historically low levels of home construction. Although the explanations for construction’s low volume differ – NAR has consistently argued that builders
Nearing the end of another year, speculation is now hitting its greatest height for how the next chapter in the housing recovery will take shape. Countless “experts” have offered cursory, drive-by analyses of where the market is heading, but there
Starter homes in the Metro Atlanta area remain relatively affordable, but they are slipping out of reach for many consumers. That was the finding of a very interesting new study from Trulia, which assessed the status of starter homes
Affordability is a chief concern in the Atlanta real estate market, as it is in many markets. But even though it’s a popular talking point for industry insiders, few understand the true volatility of “affordable.” To some families, the
There are about 11 million illegal immigrants in the U.S., eight million of whom are a part of the country’s labor force. Although it’s hard to say where President-elect Donald Trump actually stands on undocumented workers – he has promised to deport all of
The news sounds bad: mortgage rates have risen aggressively since the presidential election, and are now at their highest level since July 2015; for the first week in December, rates posted the largest weekly jump since 2013; and the Federal
We are only a few weeks away from the New Year, and a little over a month away from a new president, but the future of the economy, and housing specifically, has never been more uncertain. At least those
It’s no mystery that Millennials face unique challenges on the homeownership front. From slow wage growth to soaring student debt burdens, economic forces have kept Millennials on the housing sidelines, and a huge share still live at home with their parents. Those details are well known,
The New Year is nearly upon us, and a number of housing analysts and firms are prepping their end-of-the-year reports. Trulia’s report has, historically, been among the more interesting of that batch, and the website’s 2017 Housing Outlook, which
After a slow October, housing activity roared back to life in November for Metro Atlanta’s top markets, according to the latest report from RE/MAX of Georgia. In the Atlanta, Cumming, Lawrenceville and Marietta markets, housing improved considerably in three main areas,
