Trends
For data-driven stories, to appear under “Trends” menu
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.
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.
The COVID-19 pandemic is accelerating migration across the country, following moving patterns that began in prior years, according to a new report.
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.
A new report ranks the glamour capitals of America — as well as the glamour deserts.
“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
It was the 5th best month of the year and outperformed most of 2019.
The Houzz 2021 Kitchen Trends Study highlights post-pandemic must-haves.
“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
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
As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded homeowners.
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.
An ongoing shortage of existing homes on the market has made newly constructed homes especially desirable.
“Much of what makes walkable neighborhoods so desirable and valuable has been diminished this year.” — Redfin chief economist Daryl Fairweather
A new Redfin report shows condos are selling for a record 17% discount to single-family homes as the coronavirus fuels demand for space.
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.
