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[...]
Curing inflation is going to take awhile, up to 18 months according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. Dhawan says a “very determined” Federal Reserve will “eliminate excess demand by hiking interest rates sufficiently.” In his recent national economic forecast, Dhawan calls the current economic condition as “bearflation." Dhawan[...]
The impact of COVID-19’s delta variant will delay but not diminish economic growth prospects, and a current surge in inflation will recede in 2022, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “The pause in growth is due to a decrease in consumption of contact-heavy service-sector products, such as hospitality,[...]
CoreLogic®, leading global property information, analytics and data-enabled solutions provider, recently released its Home Price Index (HPI™) and HPI Forecast™ from November 2020. In the reports, CoreLogic® found that when compared with November of 2019, home prices increased on average 8.2%. This impressive national rise in home prices is the largest annual appreciation in the housing market since March of[...]