Last month’s Atlanta residential real estate index remained stagnant as a result of falling home sales coupled with rising home prices. This month, we’re excited to share that the Cal-Culator has risen .02 to a 7.7 triggered by positive news regarding delinquent home rates, home prices, construction spending and mortgage rates.
Tag: foreclosures
Atlanta Residential Real Estate Rebounds
After months of sluggish behavior in the Atlanta residential real estate industry, May finally demonstrated significant housing recovery. After two months of a score of 5.7, the May Cal-Culator ranks a 6.0 due to improvements across the board in pending home sales, foreclosures and home price gains. The leading measure of U.S. home prices, the […]
Pre-Housing Bubble Burst Levels Appearing in the Industry
Though Atlanta has been enduring one of the wettest summers in history, it is also experiencing one of the “hottest” in terms of real estate, according to online real estate database Zillow. Zillow’s second quarter real estate market reports showed that home values increased 2.4 percent from the first quarter to the second quarter of […]
