Trends
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Atlanta’s median monthly rent for a one-bedroom apartment was $1,500 in March, placing it in a tie with Seattle for 16th place among U.S. metros, according to a report from the online listing agent.
It also ranks among the top 15 states in the economy, infrastructure, opportunity and fiscal stability categories.
“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day,” National Association of Realtors chief economist Lawrence Yun said in a release.
The increase follows a decline earlier in February that cut the number of homeowners in forbearance plans to less than 2.7 million, the first dip below that threshold since April 2020.
Atlanta was second only to Dallas-Fort Worth by number of multifamily deals between 2009 and 2020, according to CommercialSearch.
Atlanta saw a drop in bidding wars with 26% of Redfin offers in January compared to 34.8% in December 2020.
The study dispels a long-held belief that nearby homes lose value once low-income housing is built in an area.
The Atlanta metro area continued to see a healthy pace of home sales in January despite dwindling inventory, Georgia MLS said in its Housing Snapshot.
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.
