Trends

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Huffstickler of Engel & Völkers Atlanta: Condo market a “seller’s paradise”
Huffstickler of Engel & Völkers Atlanta: Condo market a “seller’s paradise”

Today’s condo environment is a far cry from the first days of the pandemic, when people were told to stay home and stay away from one another. 

New-home sales rise in August
New-home sales rise in August

The seasonally adjusted estimate of new houses for sale at the end of July was 378,000, representing a supply of 6.1 months at the current sales rate.

Could remote work fuel housing demand for years to come?
Could remote work fuel housing demand for years to come?

Last year’s en-masse move to remote work has driven what Zillow has dubbed the Great Reshuffling, as homeowners working from home have paused and reevaluated where and how they live.

Surge in multifamily construction drives housing starts in August
Surge in multifamily construction drives housing starts in August

The increase was driven by a 21.6% month-over-month spike in the rate of new multifamily construction. Single-family housing starts, meanwhile, slid 2.8%.

NAHB: Builder confidence posts first monthly gain in four months
NAHB: Builder confidence posts first monthly gain in four months

September’s reading of 76 was up one point from August, despite lingering challenges with labor and the building-material supply chain, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

RE/MAX: Home sales, prices decline in August
RE/MAX: Home sales, prices decline in August

Month over month, home sales were down 3.5%, and the median sale price declined 1.2% to $335,000.

What’s the best week in the fall to buy a home in Atlanta?
What’s the best week in the fall to buy a home in Atlanta?

According to Realtor.com’s Best Time to Buy Report, between Sept 12 and Oct. 17 is the best time to sell a home in most markets, but what about in Atlanta?

NC apartment investor picks up 800-unit Alpharetta community
NC apartment investor picks up 800-unit Alpharetta community

The property is the 11th Atlanta-area asset owned or managed by the purchaser, Bell Partners Inc.

August pending-home-sales growth slowest since June 2020
August pending-home-sales growth slowest since June 2020

Pending home sales in August rose just 9%, the slowest growth since June 2020, according to a new Redfin report.

Pending home sales up 6% from 2020 despite dwindling listings
Pending home sales up 6% from 2020 despite dwindling listings

A decline in new home listings has had little impact on the market as far as demand is concerned, according to a recent Redfin report.

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