atlanta real estate market trends: Federal Reserve of Atlanta Reviews Trends in the Market
- 07/30/13 06:40 AM
The Federal Reserve of Atlanta just completed a review of the recovering Atlanta market, a better detailed one than most. Looking at the data down to zip code level produces much more accurate information than the typical Case-Shiller report. The report confirms what those knowledgeable about the micro markets in Atlanta already know. As noted in the report: Using zip code-level data from CoreLogic to take a closer look at home price recovery in Atlanta, we see that this rebound is not evenly distributed. Instead, variation in growth rates is much higher than it used to be. In general, Atlanta home … (2 comments)
atlanta real estate market trends: 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 market trends: Home Prices Stabilizing. So What's Wrong with Atlanta?
- 03/28/12 11:23 AM
Atlanta continues to get pummeled by Case-Shiller and similar reporting outlets. While the area continues to bleed and prices drop, several areas on the north side are finding solid ground. Parts of Alpharetta, Roswell, Marietta and other north metro areas are actually doing better than most think. "Some of America's most closely watched housing numbers are starting to suggest that the big decline in housing is coming to an end, at least in some metros. Home prices in Seattle, Minneapolis, and Denver have begun to trend upward in the past few months, according to the S&P/Case-Shiller housing indices. Even hard-hit metro … (0 comments)
atlanta real estate market trends: 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.
The Federal Reserve of Atlanta just completed a review of the recovering Atlanta market, a better detailed one than most. Looking at the data down to zip code level produces much more accurate information than the typical Case-Shiller report. The report confirms what those knowledgeable about the micro markets in Atlanta already know. As noted in the report:
;)
;)
;)
