What's hot and what's not? Based on the popularity of our Top 25 Atlanta Home Builders rankings, we decided to release the Top 20 Atlanta New Home Communities as ranked by MarketNsight. Atlanta new home communities included in the list are ranked by the number of homes closed in 2022 in the metro Atlanta real estate market. This list combines[...]
Affordability challenges, low inventory, Gwinnett remains HOT! St. Bourke, an Atlanta-based asset management and property development company, offers a Q3 Atlanta housing market overview and a peek at what could lie ahead in 2023. “The St. Bourke team certainly leans towards a ‘glass half full’ mentality when considering Atlanta’s housing market and the broader economy. We are undoubtedly feeling the punch of[...]
Build-to-Rent (BTR) continues to make headlines. NIMBYs (Not in My Backyard) hate it. Investors and renters love it. But why the trend, and what's driving it? St. Bourke, an Atlanta-based asset management and property development company, takes a deeper dive into the driving force behind single-family BTR. Is it Wall Street or Main Street? Build-to-Rent single-family homes is a trend that[...]
Lonestar State, Upstate South Carolina and South Georgia Highlight MarketNsight Expansion Aiming to keep up with constantly increasing client demands and requests, Atlanta-based MarketNsight continues to expand its markets around the southeast with recent additions in Texas, South Carolina and Georgia. MarketNsight landed the nation’s Top Two housing markets with the addition of both Houston and Dallas. That was followed by smaller[...]
Is housing market balance finally returning after months of being a seller's market? According to Redfin, it might be. What do you see in your local market? Soaring housing costs caused many house hunters to drop out in recent months, which is now providing some relief for buyers who are still searching. Today’s buyers are seeing the housing shortage ease, price[...]
In today’s rising rate environment, adjustable-rate mortgages (ARMs) are coming back. But these aren’t the ARMs your parents used in the early 2000s. Today’s offerings provide some added protection due to the lessons learned in the 2008 crash. Back then, about 30% of mortgages were made with adjustable rates. This means the loan started with an interest rate lower than the[...]
Keeping with its trend to be ahead of the curve and set accurate benchmarks that are used nationally, MarketNsight released May numbers for Atlanta and the Southeast at MarketWatch Atlanta. Total pending sales went negative year over year in April but improved in May, and Atlanta was only down 2%. Most shockingly, home closings at $300,000 and above are up 25%[...]
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[...]
In the post-pandemic world of homebuilding, many old rules just don't apply. Join MarketNsight for a virtual MarketWatch Atlanta on Thursday, June 9, 2022, at 10 a.m. The free bi-annual event will include a data-driven discussion on the housing market including inflation, interest rates, inventory and affordability from Dr. Rajeev Dhawan of the Georgia State Economic Forecasting Center and housing[...]
The answer to, "How long do Atlanta homeowners stay put?" Not as long as in other places! Homeowner tenure in Atlanta has declined. A recent report from Redfin shows that Atlanta homeowners are bucking a national trend. In most places, the length of time homeowners have been in their homes – called homeowner tenure – has increased over the last decade.[...]