New Home Market Share Up 89% Year Over Year in March 2023

MarketNsight Reports New Home Market Share Up 89% YoY

MarketNsight, a leading provider of real estate data and analysis, announces that new home market share in March 2023 was up 89% year over year. According to John Hunt, Principal and Chief Analyst at MarketNsight, new home market share growth can be attributed to several factors, including elevated interest rates and a lack of resale inventory. "Not surprisingly, new home market[...]

Atlanta Market Report Year End 2022

Atlanta Market Report: St. Bourke 2022 Year in Review

St. Bourke, an Atlanta-based asset management and property development company, offers its 2022 Year in Review Atlanta market report. “Activity across Atlanta’s housing market in 2022 largely reflected the nationwide slowdown over the past 12 months as high home prices, construction costs and mortgage rates further eroded affordability and disqualified many homebuyers,” St. Bourke’s Director of Research & Communications Katie Fidler[...]

Josh Brockman, Division Manager, Fischer Homes

Josh Brockman Promoted to Fischer Homes Division Manager

Fischer Homes Announces New Leadership in Atlanta Division Fischer Homes, a top 30 U.S. home builder, announces new leadership within the Atlanta Division. Josh Brockman has been promoted to Division Manager, assisting the Market President in growing Fischer Homes' presence in Atlanta while overseeing the Atlanta sales team. Brockman joined the Fischer Homes team in 2017 as a Construction Field Manager for[...]

housing sales find bottom - row of homes

MarketNsight Announces Housing Sales Have Found a Bottom

Pending Sales Down 4 Percent from 2021 and still up 5 percent from 2019 Keeping with its trend of being ahead of the curve and setting accurate benchmarks to use nationally, MarketNsight released early August numbers for Atlanta. The first three weeks of August revealed a definite bottom for housing sales, which is, of course, tied to interest rates. With 30-Year Fixed[...]

Jeremy Crawford with FMLS

FMLS Provides Virtual Training, New Services and Market Analysis

President and CEO of First Multiple Listing Service (FMLS) Jeremy Crawford is in the studio today for today’s All About Real Estate segment of the Atlanta Real Estate Forum Radio podcast. Tune in to find out what not to do during a virtual continuing education (CE) class as Jeremy shares all sorts of interesting stories with co-hosts Carol Morgan and[...]

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 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[...]

Eastwood Homes Enters Atlanta Market

Eastwood Homes Enters Atlanta Market

Eastwood Homes is entering the Atlanta market by breaking ground on its first community in Dacula, Georgia. The builder’s corporate headquarters is based in Charlotte, North Carolina. The company actively builds in North Carolina (Charlotte, Raleigh and Triad), South Carolina (Charleston, Columbia and Greenville) and Virginia (Richmond). In business since 1977, Eastwood Homes was founded by Joseph K. Steward and is,[...]