Mortgage News

Home sale price gains narrow in Atlanta, but still outpace the country

The average sales price was $301,000 in September 2017, down only 1.6 percent from August and up 6.0 percent from last year’s average sales price of $284,000. Inventory continues to be tight as the month’s supply over a 12-month period decreased to 3.1 months.

Because high prices and limited inventory continue to be the dominant conditions in housing markets across the country, pending home sales and existing home sales are expected to remain weak, and.

Report finds latest inventory has dwindled to a scant 1.8-month supply across metro. Well, a different analysis in December found that metro Atlanta still landed in the bottom quarter of most expensive cities across the land. Buying the average home in metro Atlanta is an attainable goal for anyone making at least $43,400 per year,

The recent release of the much watched S&P/Case-Shiller Home Prices Index had good news for the Atlanta real estate market. The most recent report, which included the results for all of 2012, shows that the local area experienced a 9.9 percent increase in home prices. This is in contrast to the national composite increase of 7.3 percent.

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By analyzing real estate information on millions of homes for sale across the United States, we calculate home values (Zestimates) and the Zillow Home Value Price Index. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state.

Atlanta home price gains slow, but still outpace most cities Atlanta home price increases are slowing, but other big cities are hitting the brakes harder, according to a much-watched monthly survey. metro atlanta home.

Still, autos were a bright spot in several regions, including Philadelphia, Atlanta. with home sales and prices rising in every district. Several areas reported that sales of low and mid-priced.

In some of the most foreclosure-ravaged parts of the country. expects further declines in home prices, believes such bulk sales are the key to cleaning out the foreclosure pipeline before any kind.

San Francisco’s Housing Slowdown Could Spread.. said the rate of price growth across the nation is unsustainable and a significant slowdown in home-price gains or even falling prices in some.

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But that is still not as acute. four-month supply of homes at all prices. Lois Seropian, a sales associate with Coldwell Banker on Siesta Key, said buyers also are reacting to rising prices..