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.[...]
St. Bourke, an Atlanta-based asset management and property development company, reveals a big picture glimpse of housing in 2022 and lookback at the 2021 real estate market. Improved economic conditions and strong demand fueled the Atlanta housing market in 2021 driving home prices, starts and closings to record levels. “While we expect that housing metrics will continue to climb in 2022,[...]
State of Atlanta Housing Market with FMLS FMLS President Jeremy Crawford joins the Atlanta Real Estate Forum Radio podcast to discuss the current state of the Atlanta housing market and the company's pioneering virtual services. Crawford joins hosts Carol Morgan and Todd Schnick for the All About Real Estate segment. A premier Atlanta multiple listing service (MLS), FMLS has over 56,000 brokers and agents[...]
The real estate market in Atlanta is sizzling hot with a record low home inventory due to a lack of construction over the past decade. Instead of benefitting buyers, sellers are coming out on top in this crazy and competitive market which is fueled by Millennial homebuyers who are finally buying homes! After the initial lockdown in 2020, many people became[...]