MarketNsight, a leading real estate data and analysis provider, reports that home prices continue to increase due to heavily constrained inventory for new and resale homes. “We will continue to see upward pressure on prices in 2024,” said John Hunt, Principal and Chief Analyst at MarketNsight. “Inventory is still 45% below pre-COVID levels. We need an additional 46,000 units annually in[...]
Redfin Reports Asking Prices Come Down from All-Time High According to a new report from Redfin (redfin.com), the technology-powered real estate brokerage, home prices are dropping, but we wonder if Atlanta home prices are dropping? If you are a Broker or Realtor, please chime in and comment! Nationwide the median asking price of newly-listed homes for sale is down 1.5% from the all-time[...]
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[...]