MarketNsight is cautiously releasing data showing that new pending sales in the first half of May 2020 are up 18% over the same period the year before. “We are all learning through this,” MarketNsight Principal John Hunt said. “Perhaps the biggest lesson is that you can actually sell new homes in the middle of a pandemic.” “We reported last week that after[...]
President and CEO of FMLS Jeremy Crawford is in studio for today’s episode of Atlanta Real Estate Forum Radio. Joined by co-hosts Carol Morgan and Todd Schnick, Crawford is back to discuss several service enhancements, give a market update and share his forecasts for the housing industry on this All About Real Estate segment of Radio. Serving over 47,000 brokers and[...]
ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), recently released its first-quarter 2020 report highlighting the United States home sales trend. Most notably, the report shows that home sellers saw a home price gain of $67,100. This is up from a gain of $66,264 when compared to the fourth quarter[...]
Private homebuilder Empire Communities recently announced its plans to launch new intown Atlanta townhomes in four neighborhoods. With a projection date of early June, Empire Communities plans to offer townhomes starting in the low $300,000s in Old Fourth Ward, Kirkwood, Grant Park and West Midtown. With new homes in these four Atlanta areas, Empire Communities is helping to add variety[...]
Atlanta’s Best New Homes Show recently welcomed Loan Consultant and Originator Jeff Glick with New American Funding. Glick joined this segment of Mortgage Minute sponsored by New American Funding to discuss why now is a great time to buy a home despite the uncertainty surrounding COVID-19 (coronavirus). “Now is still a great time to buy a home,” said Glick. “There is[...]
MarketNsight is pleased to announce that May 2020 pending new home sales are up 10% over May 2019 pending sales for the first week of the month. According to MarketNsight Principal John Hunt, pent-up demand is causing pending sales to increase year-over-year (YOY). “We are in uncharted territory, and we really have been since the great recession,” Hunt said. “With all[...]
NterNow, a patented on-demand access service for locked vacant new homes, is pleased to help home builders experience successful sales during the COVID-19 (coronavirus) crisis. An NterNow home builder client in California is experiencing a 7.2% conversion rate for NterNow home tours to contracts. Additionally, the builder has been successful with their direct sales approach with NterNow, seeing solo, no-co-brokerage[...]
MarketNsight recently announced a state of the Atlanta new home market at April’s month-end. Compared to the same four months of data in 2019, the final results of January through April 2020 are almost a wash. “Sales from January 2020 through the first week of March 2020 were so exceptional that it has compensated for the negative effects of COVID-19 (coronavirus)[...]
President and CEO of First Multiple Listing Service (FMLS) Jeremy Crawford is in studio on today’s episode of Atlanta Real Estate Forum Radio. Joined by co-hosts Carol Morgan and Todd Schnick, the group discusses several new product updates and launches from FMLS on this All About Real Estate segment of Radio. Serving over 47,000 brokers and agents in the greater Georgia[...]
Berkshire Hathaway HomeServices Georgia Properties is presenting a Town Hall Forum Thursday, April 30, 2020, at 11 a.m. ET. Hosts Dan Forsman, president and CEO, and Lori Lane, senior vice president, will be joined by John Hunt, principal of ViaSearch and MarketNsight. Hunt is a leading market analyst and housing economy expert. Join the discussion to learn about the state[...]