atlanta real estate data: Is Housing Blowing Bubbles in Atlanta?
- 06/11/13 12:02 AM
Is there an Atlanta housing bubble developing? Google “housing bubble” and you will see reports both for and against. Here in metro Atlanta, we also have a split decision as several markets are active at levels not seen in years while others remain stagnant. As in the past, those Atlanta real estate markets running hot are those with strong locational appeal and well regarded, high performing schools. There are many factors at play right now that are fueling this market; taken individually the impact is nowhere as near as significant as when viewed collectively. Sharply reduced inventory. Despite the improving market, … (0 comments)
atlanta real estate data: Marketing Times for Homes in Atlanta - 2nd Qtr '12
- 09/06/12 02:23 AM
By all accounts it appears that the Atlanta housing market is slowly, at glacial speed in some areas, recovering. Recovering as in a traditional market, not the nonsense noted during the boom. The number of sales have increased overall, substantially in many areas. Sale to list ratios are also up in almost all areas and the days on market are down, 80 days overall and under 70 in many. An important note however is the impact of low priced homes; Atlanta is a buzz with investors, speculators and first time buyers. When reviewing the data, keep that in mind. The charts … (0 comments)
atlanta real estate data: Atlanta Home Prices a Mixed Bag for 1st Qtr '12
- 05/14/12 05:04 AM
A review of Atlanta housing trends from 1st quarter ’11 to 1st quarter ’12 shows that parts of three counties in the greater Atlanta real estate market saw the largest percentage increase in home sales. Inventory continues to drop all over, however the percentage of distressed sales (short sales and foreclosures) remains over 50% in 12 of the 41 MLS areas and over 40% in another 7 areas considered “metro Atlanta”. In an area of Gwinnett County, distressed inventory is over 66%. Yet many of these same areas have low months of supply of inventory. Buyers in many areas can’t find … (1 comments)
atlanta real estate data: Atlanta 4th Qtr Real Estate Data Review
- 02/22/12 08:54 AM
Over the last year, two sub markets in the City of Atlanta saw median home values increase over 10% and NE Cherokee County sales increased by 121.7%. Last quarter, Sandy Springs (inside 285) sat with the highest home inventory at 13.8 months (2x many areas) and saw only 35.5% of listings sell and Eastern Gwinnett County lead the region with 63.1% of all sales noted as distressed. Many surprises in the data, some with clear explanations, others result in head scratching. What’s the story behind the charts below and the stats? The 4th Quarter ’11 Atlanta real estate market data review is … (0 comments)
atlanta real estate data: Median Atlanta Home Values 3rd Qtr 2011
- 12/06/11 03:44 AM
Interesting stats when reviewing Median Atlanta Home Values 3rd Qtr 2011 results. Chartmasters gives us a look at current Atlanta real estate trends, most noteworthy is that 65% of homes sold in Metro Atlanta (viewed overall) were below $200,000. Similar current data for all Atlanta sub markets can be seen by clicking on Atlanta Real Estate Market Conditions. Sign up below for free weekly Altos Market Data reports for over 100 Atlanta zip codes. Make certain to review the post Influence of Distressed Sales in Atlanta - 3rd Qtr '11 to see how REO, foreclosures and short sales are impacting the Atlanta real … (0 comments)
The HMT blog is written by Hank Miller of The Hank Miller Team. He is a licensed broker and certified real estate appraiser in the state of GA. Since 1989, real estate has been his full time occupation and Hank consistently ranks at the very top of Atlanta area agents in overall production. He is known as much for his attention to detail as he is for his candor.
Is there an Atlanta housing bubble developing? Google “housing bubble” and you will see reports both for and against. Here in metro Atlanta, we also have a split decision as several markets are active at levels not seen in years while others remain stagnant. As in the past, those Atlanta real estate markets running hot are those with strong locational appeal and well regarded, high performing schools.
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