White house with an arrow pointing upwards symbolizing a rise in pending sales

YoY Pending Sales Turned Positive for First Time in 18 Months

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.[...]

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[...]

bearflation - bear and map of georgia

Bearflation is Coming Says Georgia State Forecaster

Curing inflation is going to take awhile, up to 18 months according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. Dhawan says a “very determined” Federal Reserve will “eliminate excess demand by hiking interest rates sufficiently.” In his recent national economic forecast, Dhawan calls the current economic condition as “bearflation." Dhawan[...]

atlanta housing market report 1Q2022

St. Bourke State of Atlanta Housing Market 1Q2022

St. Bourke, an Atlanta-based asset management and property development company, reveals a big picture snapshot of the Atlanta housing market in 1Q2022. Home prices continue to rise, homebuyers continue to push out toward the suburbs and exurbs and inventory continues to decline. “The upward trajectory of Atlanta’s economic recovery flattened during Q1 as the market began to feel more significant impacts[...]

Covid Virus Variant impacts Georgia Economy graphic

Virus Variant Will Delay U.S. Economic Growth Prospects

The impact of COVID-19’s delta variant will delay but not diminish economic growth prospects, and a current surge in inflation will recede in 2022, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “The pause in growth is due to a decrease in consumption of contact-heavy service-sector products, such as hospitality,[...]

Georgia Road sign to depict Georgia economy

Georgia Economy Outpaces U.S.

The Georgia economy is outpacing the nation in terms of recovery from the 2020 pandemic shutdown, but further disruptions of the global supply chain could be felt from the port of Savannah to the boardrooms of Atlanta, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. Georgia Recovery Highlights Georgia will[...]

MarketNsight Predicts Permits Up 10% in 2021

MarketNsight Predicts Permits Up 10% in 2021

MarketNsight hosted its bi-annual December MarketWatch Atlanta event virtually this week, releasing November numbers for the Southeast, giving a state of the market and offering predictions for 2021. MarketNsight and ViaSearch President John Hunt, joined by Chief Economist and Director of the Economic Forecasting Center at Georgia State University Dr. Rajeev Dhawan, made note of the unprecedented year housing has[...]