MarketNsight, a leading real estate data and analysis provider, reports that June’s collapse in housing inventory ushered in 2023’s first significant price increase. In late June, total inventory turned negative year over year for the first time in 13 months. Two weeks later, the effect of this drop in inventory was reflected in prices. Prices in July 2023 were up 6%[...]
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%[...]
John Hunt Gives a Market Update and 2022 Housing Predictions Home price appreciation will moderate to 8 - 10% in 2022 and return to a more normal 4 to 5% as we head into 2023, predicts MarketNsight Founder and Chief Analyst John Hunt. The housing analysis firm recently held its biannual MarketWatch Atlanta event where Hunt gave a market update and[...]
MarketNsight recently released the final 2020 numbers for Atlanta housing in addition to making 2021 predictions. Data shows that for all 2020, Atlanta new home pending sales were up 22% and 2020 new home closings were up 6% over the previous year. It is interesting to note the relationship between pending sales in Atlanta housing and COVID-19 (coronavirus) cases in Georgia.[...]
MarketNsight hosted its bi-annual December MarketWatch Atlanta event virtually this week, releasing November numbers for the Southeast, giving a state of the market and offering predictions for 2021. MarketNsight and ViaSearch President John Hunt, joined by Chief Economist and Director of the Economic Forecasting Center at Georgia State University Dr. Rajeev Dhawan, made note of the unprecedented year housing has[...]
Over the years, Atlanta has transformed into a technology hub. In fact, Atlanta Tech Village is the fourth largest tech hub in America! On this week’s All About Real Estate segment of Atlanta Real Estate Forum Radio, DreamHouse President John Whatley joins co-hosts Carol Morgan and Todd Schnick to discuss the DreamHouse concept and upcoming projects. Originally located at Atlanta Tech[...]
Eugene James, Director for Metrostudy, joins co-hosts Carol Morgan and Todd Schnick for the All About Real Estate segment on Atlanta Real Estate Forum Radio to discuss current trends in the Atlanta housing market. Metrostudy is a consulting firm specializing in providing primary and secondary market information to the housing and residential construction industry, helping builders and bankers to increase revenue. According[...]