Trends

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Georgia housing market remains hot in 2020 despite pandemic

After a bumpy start to 2020, Georgia’s housing market shrugged off much of the initial pandemic-related disruptions to post a solid finish to the year, with major indicators pointing to strong demand and tight supply, according to the Georgia Association of Realtors’ annual report.

Vacation home sales skyrocketing

The trend of purchasing a second home has sent home prices in seasonal towns skyrocketing in value by 19% for the year ending December 2020.

Americans on the move: Atlanta top city for inbound migration

The COVID-19 pandemic is accelerating migration across the country, following moving patterns that began in prior years, according to a new report.

Waiting to buy in Atlanta could mean higher mortgage payments

Fence-sitters thinking of buying a home beware, says a new study from Zillow, which notes that waiting could mean a much higher mortgage payment down the road.

Atlanta named No. 5 most glamorous city in U.S.

A new report ranks the glamour capitals of America — as well as the glamour deserts.

First-time Atlanta homebuyers face bidding wars from wealthy out-of-towners

“Homeowners will see the value of their homes rise, but first-time homebuyers will face tougher competition from out-of-towners with big budgets.” — Daryl Fairweather, Redfin chief economist

RE/MAX: Home sales up 22%

It was the 5th best month of the year and outperformed most of 2019.

Here’s what 2021 buyers want in a kitchen

The Houzz 2021 Kitchen Trends Study highlights post-pandemic must-haves.

Atlanta makes top 20 list for sellers in 2021

“Historically low-interest rates, a shortage of new housing inventory and limited new construction have contributed to rising home prices nationwide.” — Don Ganguly, senior vice president of Mynd Investor Services

GAMLS: Georgia homes sales climb in December

Think December is a slowdown month for home sales? Well, don’t let Georgians know because residential sales climbed 5.8% from the previous month statewide

Pandemic-era sellers to iBuyers: ‘No thanks’

As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded homeowners.

Atlanta named fifth top Redfin relocation destination

The report noted that 29.4% of Redfin.com users nationwide looked at relocating to another metro area in October and November — that’s up from 25.4% last year.

Bought before they’re built: Advance new home sales highest since 2005

An ongoing shortage of existing homes on the market has made newly constructed homes especially desirable.

Walkability now less important to Atlanta buyers

“Much of what makes walkable neighborhoods so desirable and valuable has been diminished this year.” — Redfin chief economist Daryl Fairweather

Are condos the new bargain property?

A new Redfin report shows condos are selling for a record 17% discount to single-family homes as the coronavirus fuels demand for space.

Atlanta’s increasingly diverse suburbs helped secure Biden win

The Redfin report notes that Biden won the Atlanta suburbs by a 30.5 percentage-point margin, an increase of more than 7 percentage points from the 2016 Presidential election.

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