MarketNsight Reports on First Half of 2023 This week, MarketNsight, a leading real estate data and analysis provider, revealed housing data through the end of June 2023. Of note, year-to-year housing inventory has collapsed since January and was negative in June for the first time in 13 months. Months of supply (MOS) at the end of June 2023 was 1.8. According to[...]
MarketNsight Offers Housing Forecast at MarketWatch Atlanta MarketNsight, a leading provider of real estate data and analysis, recently hosted its biannual MarketWatch Atlanta event via Zoom, releasing data on the state of the Atlanta new home industry. According to John Hunt, Principal and Chief Analyst at MarketNsight, the housing shortage in Atlanta (especially related to entry-level housing) and elsewhere throughout the[...]
St. Bourke, a leading real estate development firm, provides an in-depth analysis of Atlanta's housing market for the first quarter of the year. Despite various challenges, the data reveals a remarkably resilient and robust market, with many key metrics performing above pre-pandemic levels. This is a testament to the enduring demand for housing in the Atlanta area. St. Bourke’s Director of[...]
Contrary to many recent headlines, the housing market remains active and dynamic, according to new data from MarketNsight. Despite a perceptible decrease in demand, the industry research leader reports that home sales continue at a robust 80% of last year's pace, with buyers signing contracts, even with interest rates exceeding 6%. “Increases in the market share of new homes continue to[...]
Despite recent alarming events and headlines, builder sentiment is rising, home prices have not collapsed, the job market remains strong, and the Fed has slowed its pace on rate hikes. What will the rest of 2023 and 2024 hold? Find out at MarketWatch Atlanta hosted by MarketNsight on Thursday, June 8, 2023. John Hunt with MarketNsight and Dr. Rajeev Dhawan[...]
MarketNsight, a leading provider of real estate data and analysis, announces that new home market share in March 2023 was up 89% year over year. According to John Hunt, Principal and Chief Analyst at MarketNsight, new home market share growth can be attributed to several factors, including elevated interest rates and a lack of resale inventory. "Not surprisingly, new home market[...]
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[...]
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[...]
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[...]
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[...]