MarketNsight Reveals New Pending Sales Up 18% Over Last Year

MarketNsight Reveals New Pending Sales Up 18% Over Last Year

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[...]

MarketNsight Announces May 2020 Sales Up Over Last May

MarketNsight Announces May 2020 Sales Up Over Last May

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[...]

MarketNsight Announces Atlanta April New Pending Sales on Par with 2019

MarketNsight Announces Atlanta April New Pending Sales on Par with 2019

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)[...]

MarketNsight Announces Best May for New Home Sales since Downturn

MarketNsight Announces Best May for New Home Sales since Downturn

MarketNsight Principal John Hunt recently projected that May new construction pending sales would be up 12% from 2018 closings. Opportunely, once all of the data was in, May pending new home sales were up a whopping 28% year-over-year! “In fact, this is the highest number of pending sales for May since the great recession,” Hunt said. “This is a big deal!” Hunt’s[...]

MarketNsight Presents MarketWatch Atlanta

MarketNsight Presents MarketWatch Atlanta

MarketNsight recently hosted its biannual MarketWatch Atlanta event releasing data on the state of the Atlanta new home industry to a crowd of more than 400 home builders, developers, bankers, Realtors and others in the industry. MarketNsight and ViaSearch President John Hunt gave an overview of the Atlanta housing market and shared predictions for the remainder of the year. At the[...]

housing economy

Get the Latest Housing Economy Updates from MarketNsight

If you are a builder, Realtor, developer or lender who wants to take your knowledge of the housing market to the next level, be sure to follow MarketNsight on Facebook, Twitter and Instagram. As a result of decades of research, housing economy expert and MarketNsight principal, John Hunt, provides excellent data and insights that can help housing industry professionals make[...]

atlanta housing market

MarketWatch Atlanta Predicts Moderate Growth, Advises Builders on Atlanta Housing Market

At the most recent MarketWatch Atlanta, MarketNsight principal John Hunt forecasted that the Atlanta housing market, like the housing markets nationwide, will experience moderate but not spectacular growth in 2018. Additionally, Hunt had several pieces of advice and useful information for Atlanta's new home builders, lenders and Realtors. Hunt predicted a five percent growth for the Atlanta new home market in[...]