Builder Confidence on the Rise

    Builder Confidence on the Rise

    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 Home Sales Trend

    Home Sellers Saw Average Price Gain in First Quarter of 2020

    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[...]

    Housing Markets Impacted by Coronavirus

    Eastern Housing Markets Most Vulnerable to 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 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[...]

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    Housing Bubble Forming in Four Major Markets

    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[...]

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    Southeast Market Home Price Corrections Heat Up Demand

    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[...]

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    Metrostudy Talks Atlanta Housing in 2017

    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[...]

    Hottest Housing Markets for the Next Five Years

    The housing market is still dealing with troubles from the last boom-and-bust cycle. However, in the last year home values have risen 4% to 5% according to economic strategists. Millennials are now entering their peak nesting years at a time when the construction of single-family homes still hasn’t recovered from the cutbacks that followed the financial crisis. Nationally, inventory is 9% lower[...]

    Study of "Boomerang" Millennials Forecasts Housing Market Trends

    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[...]

    Academy Mortgage Provides Insight into Current Market Conditions

    Academy Mortgage, one of the top independent purchase lenders in the country, is excited to see the housing market continue to strengthen and stabilize. As reported by Clear Capital, a valuation solutions provider, home price appreciation is slowing, bringing the market closer to its norm. Clear Capital reported that home prices are expected to increase 3.9 percent in the second half[...]

    Atlanta Building Market Has Potential for 40,000 New Homes a Year

    Bloomberg just released an article with information from Barclays Capital stating that housing markets such as Phoenix and Atlanta. where foreclosures have been plentiful and home prices have sharply declined since the housing bubble burst, are the best potential markets for the sale of new homes.  In fact, they report that Atlanta has the potential to build 47,317 new houses[...]