Spring is an ideal time to shop fresh at one of the many Atlanta Farmer’s Markets. Supporting local farmer’s market is a great place to start. Whether you are looking for fruits, vegetables, spices or something else, browse vendor booths and find options sourced from surrounding neighborhoods. In addition to shopping, visiting farmer’s markets helps you build relationships with vendors[...]
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.[...]
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[...]
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[...]
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[...]
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[...]
Bitcoin is a digital currency that is now viable with many merchants all over the world. Expedia, Microsoft, and specific shops are now accepting Bitcoin transactions. However, what many people wonder is whether they can use their Bitcoin to buy real estate. Bitcoin has seen its ups and downs, but it still remains one of the top cryptocurrencies all around the[...]
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,[...]
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 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[...]