Relocating to ATL

Relocating to Atlanta

Are you considering relocating to the eccentric city of Atlanta? Georgia’s capital is a hot migration destination for homebuyers! While Atlanta and other sunbelt cities, such as Phoenix and Tampa, are trending relocation spots, high inflation rates and the rise in new residents puts a diminishing effect on the financial benefits within the red-hot cities. According to Redfin, some of the highest[...]

Atlanta Market Report Year End 2022

Atlanta Market Report: St. Bourke 2022 Year in Review

St. Bourke, an Atlanta-based asset management and property development company, offers its 2022 Year in Review Atlanta market report. “Activity across Atlanta’s housing market in 2022 largely reflected the nationwide slowdown over the past 12 months as high home prices, construction costs and mortgage rates further eroded affordability and disqualified many homebuyers,” St. Bourke’s Director of Research & Communications Katie Fidler[...]

Who is Driving the Housing Market - Millennials and Boomers

St. Bourke Examines Who is Driving the Housing Market – Millennials and Boomers

Millennials and Boomers - Both seek walkability and amenities such as shopping, dining, and entertainment St. Bourke, a leading asset management and property development company, examines the driving forces behind the current housing market. With the company's expertise in developing lots for single-family home builders and designing dynamic communities for sale and rent, St. Bourke has a unique understanding of the market[...]

Is Atlanta Running Out of Houses? A 10 year retrospective.

Is Atlanta Running Out of Houses?

Flashback to February 2013 when Atlanta Real Estate Forum ran this headline: Is Atlanta Running Out of Houses? Times were different, yet there were so many similarities. Home inventory in Atlanta was getting depleted quickly, and it is once again now 10 years later! In February 2013, when this article was originally published, you’ll notice the months supply of homes for[...]

housing shortage - supply and demand

It’s Basic Supply and Demand, states MarketNsight

Homes below $300,000 are almost nonexistent “The housing shortage will get worse over the next year,” MarketNsight Chief Analyst John Hunt said at MarketWatch Atlanta. To get back to normal, Atlanta needs 66,000 additional homes on the market over the next 12 months. “We simply don’t have enough supply,” Hunt said. Before the Great Recession, housing starts and population growth tracked together,[...]

door mat that says home with pair of boots to represent the Atlanta market overview

St. Bourke Atlanta Housing Market Overview and 2023 Peek

Affordability challenges, low inventory, Gwinnett remains HOT! St. Bourke, an Atlanta-based asset management and property development company, offers a Q3 Atlanta housing market overview and a peek at what could lie ahead in 2023. “The St. Bourke team certainly leans towards a ‘glass half full’ mentality when considering Atlanta’s housing market and the broader economy. We are undoubtedly feeling the punch of[...]

MarketWatch Atlanta 2023

MarketWatch Atlanta: It’s 2019 All Over Again

MarketNsight presents the state of the Atlanta housing market and predictions for 2023 at MarketWatch Atlanta on Thursday, Dec. 8 WHAT:  MarketWatch Atlanta Despite the grim headlines, year-to-date pending sales through October are only down 10% from last year and are equal to 2019, a very good year. What will the rest of 2022 and 2023 hold? Dr. Rajeev Dhawan of the[...]

Happy new homebuyers buy a New Home Now

Why Buy a New Home Now? Atlanta is a Hot Market

Home shoppers are wondering, why buy a new home now? Atlanta remains a red hot market for new home sales despite the recent upticks in interest rates. Wells Fargo Senior Economist Mark Vitner says he believes that Atlanta and other Sunbelt cities could get through a recession relatively unscathed. Click here to read the full article in the Atlanta Business Chronicle. With[...]

What’s Driving Build-to-Rent? Wall Street or Main Street

What’s Driving Build-to-Rent? Wall Street or Main Street

Build-to-Rent (BTR) continues to make headlines. NIMBYs (Not in My Backyard) hate it. Investors and renters love it. But why the trend, and what's driving it? St. Bourke, an Atlanta-based asset management and property development company, takes a deeper dive into the driving force behind single-family BTR. Is it Wall Street or Main Street? Build-to-Rent single-family homes is a trend that[...]