MarketNsight, a leading real estate data and analysis provider, presented its state-of-the-market report and 2024 predictions during Market Watch calling for zoning reform and new housing solutions. "Nationwide job growth of nearly 3 million jobs in 2023 underscores the urgent need for increased housing supply to accommodate new workforce entrants, whether they rent or buy," said John Hunt, Principal and Chief[...]
Fischer Homes, a leading U.S. home builder, announces the promotion of Preston Esco to Construction Manager with the Atlanta Division. Esco started at Fischer Homes in 2021 as a Field Manager III and has been promoted to Field Manager IV and Construction Manager during this short time. "Preston is a fast learner, a strong mentor, and highly committed to the team’s[...]
MarketNsight, a leading real estate data and analysis provider, reports after 13 consecutive weeks with rates over 7%, the housing market has broken the lows in pending sales set in November 2022. History may be repeating itself, however, and the market may be near the bottom. “Rates peaked two weeks ago, and pending sales have continued to fall through November[...]
MarketNsight’s MarketWatch MarketNsight presents the current state of the Atlanta housing market and predictions for 2024 WHAT: From interest rates nearing 8% to resale inventory at a record low, there is an opening for new construction to fill the massive inventory gap. Find out more at MarketNsight’s MarketWatch on Thursday, December 14, 2023. John Hunt with MarketNsight and Dr. Rajeev Dhawan with the[...]
Are you preparing for home buying and looking for the ideal place to raise your family in Atlanta? Exploring Atlanta's suburbs can be a promising venture for you and your loved ones. In this guide, we'll provide straightforward insights into the top 8 suburbs around Atlanta that are perfect for families. No frills, just the facts you need to make[...]
Parkland Communities Inc., a real estate development and homebuilding firm based in Atlanta, announces the addition of Kevin Cardinal as the new Director of Entitlements. With three decades in landscape architecture and development, Cardinal brings a wealth of experience to the Parkland team. In his new role, Cardinal leads the community planning processes, managing due diligence for acquisitions, site planning, permitting,[...]
terra alma, a boutique commercial real estate firm known for its unique approach to property and community development, is proud to announce the promotion of Michaela Boone to Chief Operating Officer (COO) and Chief Financial Officer (CFO). Boone's remarkable journey and significant achievements at terra alma reflect her unwavering commitment to excellence and her profound impact on the real estate[...]
MarketNsight, a leading real estate data and analysis provider, reports that year-to-year pending sales turned positive the last week of October for the first time since the second week of June 2022. “Don’t get too excited – the last week of October 2023 is being compared to a very bad October 2022,” said John Hunt, Principal and Chief Analyst at MarketNsight.[...]
From digital solutions to land development -- In a strategic move to strengthen its land acquisition capabilities, Blue River Development, LLC announces the appointment of Robert Beckwith as Land Acquisition Manager. Transitioning from a successful career in software sales to a more tangible and rewarding path in real estate, Beckwith has chosen to apply his problem-solving expertise and forward-thinking approach[...]
Chief Economist of the National Association of Realtors (NAR), Lawrence Yun, anticipates a 15% surge in existing home sales next year and projects mortgage rates to stabilize between 6-7% by Spring 2024. The report also highlights an unprecedented 22% rise in buyer income, marking the largest yearly increase, with down payments reaching their highest levels in two decades. On Nov. 15,[...]