By the Numbers
“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes.
“Based on the rising popularity of the burbs, some buyers might think they can catch a break by searching in the city, but unfortunately that’s not the case,” realtor.com Chief Economist Danielle Hale said.
Home sales across the nation were up 4.3% year over year, making it the third best month for home sales in the 13-year history of the report.
Working from home as an ongoing trend will greatly change the landscape of where people buy homes, according to NAR Chief Economist Lawrence Yun.
Nationwide sales of new single-family homes were at a seasonally adjusted rate of 901,000, up 13.9% from last month and 36.3% higher than July 2019.
New Yorkers eager to move on are set their sights on Atlanta, according to a new report from Redfin.
Luxury home prices listed on Redfin rose 1.2% in early summer, according to a new report.
New housing starts numbers suggest that if you can’t buy it, then build it, according to one economist.
RealtyHop asks whether homeownership is affordable for the average family? See how Atlanta did.
Zillow reports that homes typically went under contract in two weeks.
Homes across the state of Georgia saw a rebound, especially those priced at over $200,000.
“Today’s market remains tipped in favor of sellers as would-be spring buyers are shopping well into what would normally be summer vacation season,” said Danielle Hale, chief economist for realtor.com.
Nearly half of all agents report their business was growing in June, according to a new HomeLight report.
Georgia MLS report shows increases in both volume and number of units sold, but will it last?
“Markets with stronger job creation pre-COVID are proving to have the crucial edge for real estate activity, particularly those with a strong technology sector.” — Javier Vivas, director of economic research for Realtor.com
A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.