Pending new home sales up 20% last several months, but flat overall MarketNsight recently hosted its December MarketWatch Atlanta event giving a state of the market for 2019 and predictions for the New Year. MarketNsight and ViaSearch President John Hunt reiterated that Atlanta is an incredibly price-sensitive market and that as interest rates have dropped, new home sales have increased. Hunt highlighted[...]
Housing types to address unmet affordable housing demand In the latest update from MarketNsight, Principal John Hunt examined the Missing Middle and the need for affordable housing. Many major cities, such as Atlanta, struggle to provide multi-unit affordable housing solutions due to limited zoning that restricts density in high-demand locales. Within the housing industry, the Missing Middle is recognized as multi-unit housing[...]
MarketNsight Principal John Hunt recently projected June pending new home sales would follow suit with the record-breaking numbers of May pending sales – and they did. MarketNsight is pleased to announce June's pending new home sales were up 25% year-over-year! “Partial July data paints the same picture and will be yet another record for new pending sales,” Hunt said. “Is the[...]
MarketNsight Principal John Hunt recently projected that May new construction pending sales would be up 12% from 2018 closings. Opportunely, once all of the data was in, May pending new home sales were up a whopping 28% year-over-year! “In fact, this is the highest number of pending sales for May since the great recession,” Hunt said. “This is a big deal!” Hunt’s[...]
MarketNsight recently hosted its biannual MarketWatch Atlanta event releasing data on the state of the Atlanta new home industry to a crowd of more than 400 home builders, developers, bankers, Realtors and others in the industry. MarketNsight and ViaSearch President John Hunt gave an overview of the Atlanta housing market and shared predictions for the remainder of the year. At the[...]
MarketNsight is excited to announce its next MarketWatch Atlanta on Thursday, June 13, 2019, at City Springs! Housing economy expert John Hunt of MarketNsight and ViaSearch will be joined by Dr. Rajeev Dhawan of the Georgia State Economic Forecasting Center to unveil the new custom mapping tool from MarketNsight and discuss the state of Atlanta’s housing economy, the future of[...]
MarketNsight, a housing research and consulting company based in Atlanta, is excited to announce custom mapping is now available to its customers! MarketNsight’s toolbox of services provides builders, developers, Realtors and financial institutions the ability to perform savvy searches and make informed decisions on land purchases, product positioning and pricing. “No other service can provide you with the custom mapping tools[...]
At the most recent MarketWatch Atlanta in December 2018, John Hunt of MarketNsight and Dr. Rajeev Dhawan of the Georgia State University Economic Forecasting Center both shared insightful information regarding the state of the Atlanta new home industry – including the prediction that the Federal Reserve would not hike rates in 2019! Dr. Dhawan went against all conventional thinking to say[...]
MarketNsight, a housing research and feasibility company, announces that pending sales in Atlanta for both new and existing homes fell 4th quarter 2018 over 4th quarter 2017. Pending sales are the leading indicator for housing demand, and this was the first year-to-year decline since 2014. Pending sales were down six percent for the quarter, with November being the worst month[...]
Mark your calendars for June 13, 2019, for MarketNsight's next MarketWatch Atlanta event! Over the last several years, MarketNsight has predicted housing starts both regionally and nationally within 1% of the actual. Dr. Rajeev Dhawan from Georgia State University’s Economic Forecasting Center will be joining us again. At our December 2018 MarketWatch Atlanta, Dr. Dhawan predicted the Fed would hike rates in[...]