In the first half of 2023, the housing market in the United States witnessed a significant downturn in turnover. Redfin reports that only 14 out of every 1,000 U.S. homes changed hands, a drastic decline from 19 out of every 1,000 during the same period in 2019. The drop is even more pronounced for large suburban houses. Let's dive into[...]
Redfin recently revealed startling findings about the U.S. housing market. To afford the typical starter home, a first-time buyer must earn $64,500 per year. This figure is up 13% from last year due to rising mortgage rates and home prices. The income needed to afford a starter home has risen over 20% in Fort Lauderdale, FL, and Miami -- more[...]
The U.S. housing market has witnessed a surge in luxury homes. According to a new report by Redfin, just over 8% of U.S. homes are valued at $1 million or more, approaching June 2022's record high of 8.6%. In Atlanta, MarketNsight data shows the same thing, with new and resale closings of homes more than $500,000 making up the bulk[...]
During the 1950s, a group of real estate developers combined and collected over 12,000 acres in Fayette County to build a community. Now encompassing 24 square miles in the county, Peachtree City contains five “villages” within city limits: Aberdeen, Braelinn, Glenloch, Kedron and Wilksmoor. Each contains active lifestyles, vacation-style living and southern charm. Having been named the best place to[...]
Smith Douglas Homes announced on July 31, 2023, that it acquired the assets of Houston, Texas-based Devon Street Homes. This marks Smith Douglas' initial entry into Texas as it establishes a presence in the expansive Houston market, the second-largest new home market in the United States. A top 25 Atlanta home builder as ranked by MarketNsight and Atlanta Real Estate Forum.[...]
Animal rescue organization Canine Pet Rescue (CPR) hosts its annual Halloween Howl 5K and 1K Jr/Sr Shuffle on Saturday, October 14, 2023. This event takes place at the Fence Road entrance to Little Mulberry Park in Dacula and is a Peachtree Road Race qualifier. Raise money for the dogs of Canine Pet Rescue and support its mission! The 6th annual Halloween[...]
Georgia is on everyone's mind! The Peach State is packing a punch, taking a leap to the 4th spot in CNBC's Top States for Business 2023 ranking, up six positions from last year. This juicy slice of news, no doubt, has Georgia’s business community thinking positively peachy thoughts about the future. So, how did the rankings pan out? North Carolina clinched[...]
When it comes to the modern wedding registry, don't bother browsing the housewares section for that perfect espresso machine or silverware set. Brides and grooms have different aspirations these days. According to a new study from Realtor.com and Censuswide, 85% of couples who have set up wedding registries in the last two years would have preferred to receive contributions towards[...]
Deciding to buy your first home is a complex journey fraught with compromises. Figuring out the “must haves” versus the “nice to haves” is a daunting task. One decision that homebuyers looking in older neighborhoods often grapple with is whether to look at homes without a garage. Not all houses have garages, especially older ones! And many homes sell for[...]
While Georgia's summer is famous for its blistering heat, that doesn't necessarily translate to soaring energy costs for your home. Today's new homes provide more energy efficient options than the traditional air conditioning unit for staying comfortable during the sweltering summer months. Read on to discover some easy and effective methods for managing the summer heat while saving money on[...]