Archive for June, 2012

Urban and Suburban Growth by the numbers

Saturday, June 30th, 2012

We’ve written before how the latest population trends have more people moving into cities.  The urban areas are seeing the most growth with the closest suburban counties are getting less and exurban counties are seeing very little to no growth.  Now the Brookings Institute and Atlantic Cities have a handy graph showing the numbers across […]

Pending home sales up again in May

Friday, June 29th, 2012

Pending home sales bounced back in May, matching the highest level in the past two years, and are well above year-ago levels, according to the National Association of Realtors®.  Both monthly and annual gains were seen in every region.  The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.9 percent to […]

Are Atlanta's home prices headed up?

Wednesday, June 27th, 2012

Where are Atlanta’s home prices headed?  This week the S&P/Case Schiller home index showed prices nationally increasing over 1%.  The best gains came in places like Phoenix and Miami that have been hit the hardest.  Why?  These areas have gone through the bottom now (we wondered at times if we’d ever find the bottom) and […]

Housing inventory continues to decline causing confusion for buyers

Tuesday, June 26th, 2012

The number of home available for sale has continued to drop for various reasons. Sales are strong.  In fact, the number of sales would be higher except for the fact that there just aren’t that many homes to buy right now.  This is a national trend.  There is still a glut of homes in the […]

Home Buyers Downpayment Assistance

Saturday, June 9th, 2012

   One of the hurdles facing home buyers today is coming up with a down payment.  Often for first time home buyers the monthly payment is the about the same as their current rent.  Saving up the down payment is a bigger issue.  Fortunately there are programs out there to help out such buyers.  Here […]

Home ownership still the dream but the reasons are changing

Friday, June 8th, 2012

Two new surveys show that home ownership is still the American dream but the reasons for that dream are changing.  In our 24 hour news cycle culture we tend to over-react at every trend.  First in the early 2000’s real estate was going up faster than inflation and, oh by the way, that’s going to […]

Walkable neighborhoods get more expensive but buyers are wiling to pay.

Tuesday, June 5th, 2012

      We’ve written before how home buyers today are putting ‘walkable neighborhood’ in their buying vocabulary.  We’ve been seeing this trend in the intown Atlanta for years.  Home buyers today want to be able to walk to parks, grocery stores, restaurants and other shopping venues.   And this demand is driving up prices in good walking […]