A recent Fortune article reports that Warren Buffet just made a big bet on the U.S. housing market, and from Blue River Development's perspective, it is easy to see why. The recent investment by Warren Buffett's Berkshire Hathaway in three leading U.S. homebuilders – D.R. Horton, Lennar and NVR – signals strong confidence in the U.S. housing market. The investments, worth[...]
What are mortgage interest rates going to do in the last quarter of the year? Chief Marketing Officer John Ryan with Georgia MLS joins the Atlanta Real Estate Forum Radio podcast to discuss the current trends within the Georgia housing market. Ryan sits down with host Carol Morgan to share his predictions for the remainder of the year on the All About Real[...]
Director of Research and Communications Katie Fidler with St. Bourke joins the Atlanta Real Estate Forum Radio podcast to share a glimpse into the Atlanta housing market. Fidler sits down with host Carol Morgan to discuss lot shortages, development updates and her predictions for the remainder of the year on the All About Real Estate segment. Living in the Atlanta area for most of her[...]
America’s owner-occupied housing stock is rapidly aging. According to the 2021 American Community Survey, the median age of owner-occupied homes is 40 years with 35% of owner-occupied housing being built in 1969 or earlier. Due to several factors, such as population changes, the age of owner-occupied housing stock varies from state to state. While Georgia is below the national median age with[...]
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[...]