Trends
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.
Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.
A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue.
First-timers made up 45% of buyers in 2022 and 37% in 2021.
During the second quarter, the city saw significant gains in the number of coworking spaces as well as total coworking square footage, CoworkingCafe found.
“Paint is a relatively affordable and easy change, yet it has an outsized impact on a buyer’s perception of the home,” said Amanda Pendleton, home trends expert at Zillow.
The need for more space is common among all self-storage users: 40% of survey respondents listed this as their primary reason for renting storage space.
One of the best ways sellers can make their home stand out in today’s market is by upgrading their space with luxury renovations and amenities.
Increased mortgage rates have sidelined many would-be buyers, allowing inventory levels to increase. As a result, buyers can now “shop around” more than during the peak of the pandemic, putting the burden of concessions back on sellers.
At the same time, new and active listings of homes declined, Georgia MLS reported, citing its 12-county Housing Market Snapshot.
According to a new analysis from Zillow, there will still be competition for affordably-priced houses this homebuying season.
Multigenerational homes are defined by NAR as homes where families live under the same roof with grandparents, adult children or other extended family members.
Homebuyers can now afford $400,000 homes with $2,500 monthly budgets for the first time in four months, according to a new report from Redfin.
The firm said 147,881 multifamily units are in some stage of the development process in the greater Atlanta market.
Current real estate market conditions have not discouraged buyers from their plans of homeownership, according to a new survey from RE/MAX.
A report from Realtor.com shows that many areas that experienced substantial growth during the pandemic are now posting some of the country’s steepest price reductions.