Homes below $300,000 are almost nonexistent “The housing shortage will get worse over the next year,” MarketNsight Chief Analyst John Hunt said at MarketWatch Atlanta. To get back to normal, Atlanta needs 66,000 additional homes on the market over the next 12 months. “We simply don’t have enough supply,” Hunt said. Before the Great Recession, housing starts and population growth tracked together,[...]
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,[...]
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[...]