Some Highlights Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years. Expect unsettling housing market headlines this year, mostly due to unfair comparisons with the ‘unicorn’ years. Let’s connect so I can share the data that puts those […]
Archives: June 2023
This Real Estate Market Is the Strongest of Our Lifetime
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1. The Current […]
Here are 5 reasons we won’t see a housing market crash this year
According to Splitero CEO Michael Gifford, we’re still in an affordability crisis and unlikely to see a complete housing market tumble in 2023 It’s been a housing market roller coaster the past few years with no shortage of news about record-high prices, outrageous negotiations (like all-cash deals and cars), and questions about if there’s a bubble and if […]
This is the Atlanta neighborhood drawing the most homebuyer interest
Atlanta homebuyers — or, at least those who enjoy hours of scrolling through Zillow listings — are keen on Midtown. Midtown is the Atlanta neighborhood drawing the most interest from homebuyers on Zillow, according to a new study by HouseFresh. Listings in Midtown drew more than 11,000 daily views on Zillow, per the study. That was […]
Robert Reffkin: Sub-4% mortgages are ‘handcuffs’ for home inventory
In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3% mortgage rate ‘as a financial asset’ — at least for now Ultra-low mortgage rates that homeowners locked in during the early pandemic are the “handcuffs” that are holding back the home market — moreso even than the decline in demand for homes, […]
Are Home Prices in Atlanta, Georgia Going Up or Down? It Depends…
If you’re trying to keep up with home prices in Atlanta, the media coverage can be overwhelming and confusing. One reason for this is the type of data being used and what’s being highlighted. To compare home prices over different time periods, two methods are typically used: year-over-year (Y-O-Y) and month-over-month (M-O-M). Here’s a brief […]