Trends

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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.

Housing demand likely to stay high for years, according to new study

There are 5.7 million “missing” households since the Great Recession, a fact likely to boost housing demand for at least the next several years.

October sales spike for Georgia homes over $200K

There was a stark contrast between single-family home sales and condo sales, along with properties under $199,000, according to the report.

Atlanta sees ‘sharp drop-off’ in pending sales in October

New home closings dropped during October after going up during the months of June and July.

Home price acceleration at highest level in six years

Home construction continued to surge across the nation, which reflected the projection that new homes will help moderate price growth over the next 12 months.

What are the priciest zip codes in the Atlanta area?

Where do you think the priciest zip codes are in the Atlanta metro area?

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