Eugene James with Metrostudy is this week’s guest on the award-winning Atlanta Real Estate Forum Radio show. Eugene shares the latest housing market numbers from first quarter 2013, and his interview is followed by a discussion with Elayne DeLeo from Modern Atlanta.
Eugene James is the Atlanta director for Metrostudy, and he has been analyzing real estate markets for more than 20 years. Metrostudy is a national firm that was recently purchased by Hanley Wood and now serves more markets than ever.
According to Eugene, the Atlanta housing market is pretty exciting. He says that the Georgia Department of Labor recently announced revised numbers that indicate the area is adding between 50,000 to 60,000 net new jobs each month as compared with 2012. This increased job creation is what is behind the increased demand for housing. One of the biggest impacts demand is having is increased new home prices. In the first quarter of 2013, median resale prices rose 30 percent from the same time in 2012, which recorded the lowest median sale price on record. On the new home construction side, builders can’t build fast enough. In fact, builders are saying that 50 percent of their new construction inventory has been pre-sold, which is big news since Atlanta has never been a strong pre-sale market.
For more on the latest Atlanta housing statistics, listen to the full podcast. To learn more about Metrostudy, visit their website.
This week’s Deal of the Day is from Wilson Parker Homes who is offering Wilson Parker “bucks” for buyers and agents. Visit the Wilson Parker Homes website or social media sites to find these special bucks, which amount to $3,000 in design options, fences or non-retro upgrades for buyers at select communities, and $1,000 bonuses on select inventory homes north of Atlanta and $2,000 bonuses on select inventory homes south of Atlanta for agents.
Elayne DeLeo the co-founder and event director with Modern Atlanta is the next guest on this week’s show. Elayne has always had an interest in architecture, and she founded Modern Atlanta around seven years ago.
Modern Atlanta celebrates and promotes modern design in Atlanta through events and educational programs held throughout the year. Their big annual event, Design is Human week is upcoming on June 1 through 9, and this year’s event will include sessions with several key industry experts, a design exhibition and an expanded modern home tour which will include three properties in North Carolina. The name for the event comes from the idea that every day we are surrounded by design, and everyone is a part of it or affected by it in different ways.
For more on modern design trends in Atlanta, listen to the full podcast. To learn more about Elayne’s company, visit www.Modern-Atlanta.org.
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