John Hunt Gives a Market Update and 2022 Housing Predictions Home price appreciation will moderate to 8 - 10% in 2022 and return to a more normal 4 to 5% as we head into 2023, predicts MarketNsight Founder and Chief Analyst John Hunt. The housing analysis firm recently held its biannual MarketWatch Atlanta event where Hunt gave a market update and[...]
MarketNsight is thrilled to announce Principal and Chief Analyst John Hunt is returning to speak at the 2022 International Builders’ Show (IBS) in Orlando, Florida, which is returning as an in-person event. Hunt is presenting at IBS for the fifth year in a row to speak on small-lot product and missing middle housing. Hosted by the National Association of Home Builders[...]
So Much for the End of the Housing Boom: MarketNsight offers an abbreviated update for the month of August. According to MarketNsight Principal John Hunt, July trends continued as resale pending sales were up in the last week of August more than 40% over the same period in 2019, and even up 10% over an incredible 2021 (See chart 1 below).[...]
There is no housing bubble in Atlanta, according to MarketNsight Founder and Principal John Hunt. Historically low home inventory will take 10 years to reach normal levels as the market is short 92,000 homes on an annualized basis. Housing analysis firm MarketNsight recently held its biannual MarketWatch Atlanta event where Hunt gave a market update and his predictions for the[...]
Wondering if there is a resale bubble? Or perhaps the Atlanta housing market is back to normal? MarketNSight recently presented at the in-person Greater Atlanta Home Builders Association Board of Directors meeting. At the event, the firm compared Atlanta's pendings for new and resale from March through April 21, 2021, to the same period the year before. Since March through[...]
Housing analysis firm MarketNsight recently added six new markets across five states to its service area in the Southeast. Customers across more than 35 cities can now access the latest housing, pricing, product and location data through the Feasibility Matrix® program, exclusive to MarketNsight. Additionally, Atlanta customers can access mortgage data through the firm’s new Mortgage Matrix® program. As MarketNsight continues[...]
MarketNsight recently released its first housing report regarding 2021 Atlanta housing year-to-date. Data shows the roles of closings and pendings reversed with closings dropping first following by pendings, but record-breaking permits continued into January 2021 with the highest seen since January 2007, suggesting that new supply is coming. “We have seen sharp moderation for both new and resale beginning in the[...]
MarketNsight numbers for 2020 and 2021 to-date show homebuyers are not fleeing southern cities for suburbs, and all areas are selling more homes today. The suburban shift has been going on since 2014, according to MarketNsight and ViaSearch President John Hunt. Buyers and home builders have been moving and building farther out due to increasing land prices for years. Atlanta began[...]
MarketNsight recently released the final 2020 numbers for Atlanta housing in addition to making 2021 predictions. Data shows that for all 2020, Atlanta new home pending sales were up 22% and 2020 new home closings were up 6% over the previous year. It is interesting to note the relationship between pending sales in Atlanta housing and COVID-19 (coronavirus) cases in Georgia.[...]
MarketNsight hosted its bi-annual December MarketWatch Atlanta event virtually this week, releasing November numbers for the Southeast, giving a state of the market and offering predictions for 2021. MarketNsight and ViaSearch President John Hunt, joined by Chief Economist and Director of the Economic Forecasting Center at Georgia State University Dr. Rajeev Dhawan, made note of the unprecedented year housing has[...]