In the past year, Atlanta’s population has surged to unprecedented levels, indicating a rising demand to reside in the city’s urban core. With approximately 14,300 new residents added between April 2022 and 2023, this influx is double the average observed over the previous three years. The Atlanta Regional Commission (ARC) released these estimations based on […]
The US Treasury Department is poised to enact expanded reporting measures on luxury home sales, putting an end to anonymous purchases that have enabled oligarchs, terrorists and others The U.S. Treasury Department is poised to announce later this month expanded reporting measures on luxury home sales, ending the anonymous luxury home purchases that have enabled individuals […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
Adobe intends to use the space for its remote workers based out of Atlanta to come together and meet as needed. It’s not just space for administrative offices — Adobe has high-visibility in a development with heavy foot traffic. Adobe intends to use the space for its remote workers based out of Atlanta to come together […]
Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses. SmartAsset estimates the average American will receive a $1,798 tax […]
