MarketNsight provides a timely snapshot of the Southeast and Atlanta housing markets, revealing that pending sales have climbed steadily since late February, rising an average of 9% through the end of March as rates have declined. Supply and Demand Months of Supply increased sharply to 3.8 in March from 3.4 in February. March total inventory was up 53% year-over-year. The majority of[...]
MarketNsight, a leader in real estate data and analysis across the Southeast, tracks pending sales weekly and uses this information to identify housing trends. Here is a rundown of last year’s trends and what’s expected in 2025. Trends in Pending Sales Total pending sales were relatively flat compared to 2023 while still down 20% from 2019, the last normal year for housing.[...]
MarketNsight Announces Breaking News at MarketWatch: Major shift in the housing market — pending home sales up 23% since the election! A major pivot in the U.S. housing market was announced at MarketNsight’s latest MarketWatch event. Pending home sales are up considerably since the presidential election. In Atlanta, pending sales are up 23%, and hotspots like Denver, Las Vegas and Nashville[...]
MarketNsight’s MarketWatch will discuss the housing market after the Fed rate cuts and the 2024 election. MarketNsight provides leading real estate data and analysis across the Southeast, tracking pending sales weekly and identifying housing trends before its competitors. In a mid-October update, MarketNsight had already seen indications that pending sales began to turn a corner prior to the election. The[...]
MarketNsight’s MarketWatch MarketNsight offers a peek at life after Fed rate cuts and the 2024 election. WHAT: What effect will falling interest rates have on housing demand? What will be the fallout from this year's election cycle? Find out more at MarketNsight’s MarketWatch on Thursday, December 12, 2024. John Hunt with MarketNsight is joined by Dr. Rajeev Dhawan with the Georgia State University[...]
MarketNsight is a leading real estate data and analysis provider across the Southeast and tracks pending sales weekly to identify the latest housing trends faster than anyone else. Most recent data confirms that the prolonged period of elevated mortgage rates post-pandemic has created a new normal in the housing market. Sales are down 20% from 2019. The missing 20% is made[...]
MarketNsight, a leading real estate data and analysis provider, presented its state-of-the-market report and 2024 analysis at MarketWatch last week. Most notably, pending sales moved positive year-to-year for the first time since June 2022. Even with higher mortgage rates (the 30-year Fixed rate is hovering at 6.99%), pending sales have seen a long, slow upward recovery. “Interest rate hikes may have[...]
MarketNsight, a leading real estate data and analysis provider, will present its state-of-the-housing-market report during MarketWatch, a free webinar on June 13, 2024, at 10 a.m. Eastern. MarketWatch has been the largest housing forecast event in Atlanta for several years and is now also a must-see event for housing professionals across the Southeast. John Hunt, Principal and Chief Analyst with MarketNsight,[...]
MarketNsight, a leading real estate data and analysis provider, reports that home prices continue to increase due to heavily constrained inventory for new and resale homes. “We will continue to see upward pressure on prices in 2024,” said John Hunt, Principal and Chief Analyst at MarketNsight. “Inventory is still 45% below pre-COVID levels. We need an additional 46,000 units annually in[...]
Join John Hunt of MarketNsight at IBS! If you are attending the 2024 International Builders’ Show (IBS) in Las Vegas, make sure to add these MarketNsight presentations to your show planner. Principal and Chief Analyst John Hunt is speaking on several hot topics, including build-to-rent, narrow lots and micro product and housing’s 80/20 rule. Hosted by the National Association of Home[...]