Current Market Data
There are a lot of cities in the U.S. – Houston, New Orleans – that have felt the sting of falling crude values (“sting” being a cozy euphemism for economic haymaker). But the news isn’t all bad. Take, for instance, mortgage
The latest jobs report shows some silver linings for employment Last week, the Labor Department released its monthly jobs report with mostly positive news: unemployment fell below 5 percent in January, suggesting that even with the weak global economy and decreasing
Do you work in these housing markets? Do you work in the West End, Grant Park or Reynoldstown housing markets? If so, 2016 may prove to be a busy year. According to the new “Hottest Neighborhoods” rankings from Redfin,
Boomerang buyers are, as the name implies, ready to return to housing The housing market’s recovery has been slow since the recession, and many consumers are still struggling with the economic fallout. According to a study released by TransUnion, though, there
New numbers from Zillow show urban home price gains outpacing suburbs In the eternal rumble between urban and suburban housing markets, recent numbers have put the advantage firmly in the urban corner for Atlanta’s marketplace. According to a recent study from
Bigger homes mean more luxury buyers – but what does that mean for first-time buyers? The average unit size of new residential construction is increasing, according to a National Association of Home Builders report. The average size of
Real estate markets across the country continued hemorrhaging cash last October, a new report from CoreLogic confirmed, with the share of total sales falling 2.6 percentage points year-over-year. However, as is typical of the season, the amount of cash
Home prices continued their steady climb rounding out 2015, rising both year over year and month over month, according to CoreLogic. Across the nation, home price appreciation averaged a 6.3 percent increase from Dec. 2014 to Dec. 2015 –
Atlanta boasts a strong job market that appeals to young professionals Metro Atlanta’s unemployment rate fell to 4.9 percent at the end of 2015, the lowest level since 2007, according to the Georgia Labor Department. According to the report, 140,250
New analysis from Dodge Data & Analytics paints an encouraging picture for Metro Atlanta’s new construction marketplace The Metro Atlanta housing market capped off a strong year of residential investment, according to the latest numbers from Dodge Data & Analytics.
These three trends illustrate where new construction is heading in 2016 Last week, the U.S. Census Bureau reported that new single-family home sales in 2015 totaled 501,000, a 14.5 percent increase over 2014 that brought new home sales to their
According to the Atlanta Board of Realtors (ABR), residential sales in Metro Atlanta totaled 4,054 in December, a 4.7 percent increase from Dec. 2014 and a 24.7 percent increase from November. How did those sales differ county to county,
Homebuyers want to live in a nice neighborhood, and when homebuyers have a child, “nice neighborhood” translates to “wherever the good schools are.” Thanks to Niche, providing that information to clients is now much easier for agents. In its
December was a modest month for contract signings, according to NAR Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major
First-time homebuyers have been MIA for some time – are they poised for a comeback? The National Association of Realtors reported late last week that first-time homebuyers accounted for 32 percent of existing-home sales in December, which was up
National distressed sales – including real-estate owned (REO) and short sales – fell 1.9 percentage points in November 2015, pushing the distressed share of total sales to its lowest November point since 2007, according to a new report from