What are the hottest housing markets? We all know that real estate sales are hot! How does the Atlanta new home market stack up? According to the National Association of Home Builders (NAHB) the metropolitan Atlanta new home market ranks No. 3 behind Houston and Dallas for total single family permits pulled from 2011 to 2020. (Our sources at MarketNsight[...]
When is the housing market going to crash? In just one month, this foreboding question skyrocketed in Google searches, seeing more than a 2,450% increase. The current housing market is showing phenomenal momentum and has been on this forward trajectory since before the outbreak of the COVID-19 (coronavirus) pandemic in 2020. With over a year of phenomenal and record-breaking housing sales,[...]
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[...]
According to recent July reports from the NAHB/Wells Fargo Housing Market Index (HMI), the housing market is looking to be ready to lead a post-COVID economic recovery. Based on the data, builder confidence for new construction single-family homes has jumped 14 points to 72 this month, placing the HMI at the pre-pandemic reading we saw prior to the COVID-19 (coronavirus)[...]
ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), recently released its first-quarter 2020 report highlighting the United States home sales trend. Most notably, the report shows that home sellers saw a home price gain of $67,100. This is up from a gain of $66,264 when compared to the fourth quarter[...]
ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), recently released a report focusing on the housing level in several counties in the United States. According to the report, the housing market in some counties are more or less likely to be impacted by COVID-19, more commonly known as coronavirus. The[...]
Four US cities with some of the largest housing markets are now considered overvalued, showing signs of a housing bubble and presenting a challenge for affordability in the coming years, says CoreLogic. Home prices rose nationally by 6.7 percent in June, and with the increase, home prices in Denver, Houston, Miami and Metro Washington D.C. are now considered overvalued and overreach[...]
Housing economy expert John Hunt of MarketNsight and ViaSearch has identified an interesting trend in residential housing contracts across 11 Southeast markets. January home sales were hot, February through April sales cooled considerably, and early reports of May data show sales rebounding and increasing over May 2016. Hunt explains, “There is an absolute ceiling on home prices, and the market will[...]
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[...]
A recent study by the National Association of Home Builders (NAHB) has revealed that more than half of Millennials are "boomerang Millennials," meaning they initially move out of their parents’ home only to move back in. Because Millennials are a key demographic for the housing market, this study could have important implications for housing trends in the coming year. The NAHB[...]