Very good snap shot of National market including Atlanta Stats Low Supply and High Demand are Largely Responsible, but Technology is also Creating a “New Normal” for the Expected Pace of Home Buying and Selling Ask a friend who’s trying to buy a home what the real estate market is like, and she will surely
Keeping up to date with the use of products that are cost effective and provide an opportunity to set yourself apart are critical as the market continues to “heat up”
WOODBURY, N.J. — With the steadily improving residential real estate market and recent uptick in sales reported by home improvement retailers, many homeowners are investing more in enhancing their outdoor living spaces in 2013. The timing of tax returns and current low interest rates are among other factors driving consumer spending. EP Henry, a manufacturer
MUSIC TO OUR EARS……… HOUSING APPRECIATION WITH STABLE GROWTH FORECAST
March Case-Shiller Composites To Show Annual Appreciation Above 9% Posted by: Stan Humphries Tags: Posted date: April 30, 2013 The Case-Shiller data for February came out this morning and, based on this information and the March 2013 Zillow Home Value Index (released last week), we predict that next month’s Case-Shiller data (March 2013) will show
ESTIMATORS AND PURCHASING AGENTS WILL NEED TO BE ON TOP OF THEIR GAME AS THE MARKET CONTINUES TO DEAL WITH MATERIAL AND LABOR INCREASES.
APA Releases 2013 Market Outlook Growth in wood production, including a 17 percent boost in I-joist manufacturing, expected as economy and housing continue to improve. The small but positive uptick in the economy and residential construction closed 2012 on an optimistic note for the first time since the recession began, and that slow-but-steady growth is
STEADY DEMAND AND ELASTIC HOUSING SUPPLY WILL PROVIDE FOR A SIGNIFICANT POPULATION GROWTH
Migration Heliocentric America Changing trajectory of the American recovery. From 2007 to 2011 many of the extreme points in America’s metropolitan distribution, in employment terms, could be found in the Sunbelt: cities in Texas and Oklahoma were among the few metropolitan areas to manage net employment gains over the period while those in the Southwest
Atlanta’s Unemployment rate is still high 7.9% but our housing absorption in “A” locations is “RED HOT”…….
“The job market has gotten a lot better but now we don’t have enough houses to meet buyer demand,” said Eugene James, Regional Director for Metrostudy, a national housing intelligence and consulting firm that maintains the most extensive primary database on residential construction in the US housing market. According to the Georgia DOL, the Atlanta
Case-Shiller Indices Show Strongest Gain Since 2006
Home prices posted their strongest yearly gain in almost seven years in March, with both the 10- and 20-city indices seeing double-digit gains, according to the Case-Shiller Home Price Indices released Tuesday. The national index, reported quarterly, was up 10.2 percent. From February to March, prices increased in 15 of the 20 cities surveyed, falling
HOUSING RECOVERY – ATLANTA ONE OF HARDEST HIT CITIES – EXPERIENCES STRONG RECOVERY
The lowest point of the housing bust was characterized by a glut of supply. Homes for sale remained on the market longer, and foreclosed homes and those with mortgages in default added to or threatened to add to this inventory. As a result, prices fell, and construction of new homes fell to extremely low levels.
The Atlanta Housing Market is on the Rise
Due to strong demand and limited supply of both new and resale houses, home prices could rise by as much as 10% in 2013. Net job growth may push this number even higher. According to a recent report by Metrostudy, a national housing intelligence and consulting firm that maintains the most extensive primary database on
ALL REAL ESTATE MARKET STUDIES ARE NOT CREATED EQUAL
One of the major causes for the recent real estate crash, just like the S&L debacle in the late 80’s, were bad projects/loans made without accurate information showing whether a project could succeed. It is critical as we begin to pull out of the deepest recession in our history that we are strategic and objective