Trends

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Falling mortgage rates, increased supply create opportunities for homebuyers

Despite record high prices, two factors are creating opportunities for homebuyers this summer: falling mortgage rates and rising supply.

Most American homeowners crave privacy from their neighbors

Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.

Houzz: The top outdoor home trends for 2024

Summer is underway, and many homeowners are looking for ways to upgrade their outdoor spaces so they can enjoy the heat in style.

GAMLS: Median sales price of Atlanta homes rises again in June

At the same time, sales fell almost 14% on both monthly and annual bases. 

A down payment of just 20% may be a thing of the past, Zillow says

Buying a home in Atlanta? Here’s the down payment you need to afford it.

Median existing-home sales price hits all-time high in May

The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

Atlanta ranks fifth in U.S. for home sales in May

The city also ranked fifth for year-over-year increases in new listings, RE/MAX said, citing its National Housing Report. 

Atlantans are spending big money on home renovations

Pro Tool Reviews analyzed home-renovation spending across the U.S. and determined that Atlantans spent $12.9 billion on home improvements over the last two years, just behind San Franciscans, who spent $13 billion.

The top home trends for summer 2024

With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.

GAMLS: Median-home sale price rises again in May

Sales by unit, meanwhile, were up on a monthly basis but down on an annual one. 

Case-Shiller: Home-price index hits all-time high in March; Atlanta sees 6.1% gain

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

New-home sales decline in April

At the same time, the median price of a new home sold in April declined as well. 

Atlanta ranks No. 5 in U.S. for new listings

The city saw a 30.9% annual jump in new listings in April, placing it fifth among the top 50 U.S. markets covered in the latest RE/MAX National Housing Report. 

Housing starts rebound in April after March slump

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Atlanta’s housing market surges in April

The pace of home sales continued to gain steam, as home prices gained ground as well, according to the latest Housing Market Snapshot from Georgia MLS. 

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