Trends

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Short supply helps drive existing-home sales to 13-year low

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Housing starts rebound in September after August dip

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

The hottest home trends of 2024 — according to Zillow

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

MBA: Mortgage apps rise on increase in ARM activity

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

GAMLS: Atlanta home sales drop in September

The median sale price also declined, but new listings rose. 

The most-expensive home for sale in Georgia

Located at 4665 Riverview Road in Sandy Springs, the 17,776-square-foot Chestnut Hall is the most-expensive home for sale in Georgia.

NAR: Pending-home sales fall 7.1% on high interest rates

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said. 

Homeowners are willing to spend big money for these bathroom trends

Among the top upgrades: large showers.

Atlanta REALTORS: Median-home price pops 4.7% in August

At the same time, home sales slid 15% year over year to 5,088 transactions, the smallest annual decline of 2023. 

NAR: Existing-home price rises again as sales continue to slide

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said. 

The best week to buy a home this year: Oct. 1-7

Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

New homes are trending smaller

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

CoreLogic: Home-price growth picks up speed in July

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

High housing costs dampen homebuyer demand

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

Georgia MLS: Atlanta home sales, median sales price rose in August

New listings rose on a monthly basis but declined on an annual one. 

One in five millennials think they’ll never own a home

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

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