MarketNsight, a leading real estate data and analysis provider, reports that home prices continue to increase due to heavily constrained inventory for new and resale homes. “We will continue to see upward pressure on prices in 2024,” said John Hunt, Principal and Chief Analyst at MarketNsight. “Inventory is still 45% below pre-COVID levels. We need an additional 46,000 units annually in[...]
So Much for the End of the Housing Boom: MarketNsight offers an abbreviated update for the month of August. According to MarketNsight Principal John Hunt, July trends continued as resale pending sales were up in the last week of August more than 40% over the same period in 2019, and even up 10% over an incredible 2021 (See chart 1 below).[...]
There is no housing bubble in Atlanta, according to MarketNsight Founder and Principal John Hunt. Historically low home inventory will take 10 years to reach normal levels as the market is short 92,000 homes on an annualized basis. Housing analysis firm MarketNsight recently held its biannual MarketWatch Atlanta event where Hunt gave a market update and his predictions for the[...]
The news just keeps getting better for the Atlanta real estate market; based on the January 2013 S&P/Case-Shiller Home Prices Index, the one year increase in home prices for the area is now at 13.4 percent, making this the first time the city has seen double digit increases since the onset of the housing bust. Atlanta was one of eight cities[...]
If you've been wanting to move into one of the gorgeous new homes you're always seeing on Atlanta Real Estate Forum, but have been waiting for the right time to sell your old home, now is the time to finally put it on the market! The supply of homes on the market in Atlanta has been steadily decreasing over the last[...]
With our economy in a recession, everyone is looking to get the biggest bang for their buck when it comes to Atlanta real estate. With The Stacks at Fulton Cotton Mill, you can be guaranteed that bigger really is better. In fact, so many Atlanta residents are finding the bigger value in their lofts that now they are 75 percent[...]
Ever since the housing crisis, homes have stood empty, waiting for prospective buyers, across metro Atlanta. However, a recent study shows that there is a light at the end of the tunnel for the Atlanta housing industry. According to data from Realtor.com, the national housing market is continuing to stabilize for 146 U.S. metro area, including Atlanta. In May, Atlanta was[...]