What the recent surge in single-family construction means for 2024

The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.
The post What the recent surge in single-family construction means for 2024 appeared first on Atlanta Agent Magazine.

The Housing Shortage Hits Crisis Levels: What Homebuyers, Sellers Need To Know Before Making a Move

The nation is in the clutches of the largest housing shortage it’s ever experienced—resulting in high home prices and bidding wars.
The post The Housing Shortage Hits Crisis Levels: What Homebuyers, Sellers Need To Know Before Making a Move appeared first on Real Estate News & Insights | realtor.com®.

‘Shock to the System’: Higher Mortgage Rates Slam the Brakes on the Housing Market

Mortgage rates, which climbed past 6% last week, are likely to force many homebuyers to put their dreams on hold. 
The post ‘Shock to the System’: Higher Mortgage Rates Slam the Brakes on the Housing Market appeared first on Real Estate News & Insights | realtor.com®.

How Russia’s Invasion of Ukraine Is Already Rippling Through the U.S. Housing Market

Russian airstrikes battering Ukraine have already roiled financial markets around the globe, rippling through the U.S. housing market.
The post How Russia’s Invasion of Ukraine Is Already Rippling Through the U.S. Housing Market appeared first on Real Estate News & Insights | realtor.com®.

Everything and the Kitchen Sink:  How the Supply Chain Is Strangling Real Estate—and What You Need To Know 

From major appliances to small pieces of pipe, items needed to build or fix homes have become hard to come by as the global supply chain issues drag on.
The post Everything and the Kitchen Sink:  How the Supply Chain Is Strangling Real Estate—and What You Need To Know  appeared first on Real Estate News & Insights | realtor.com®.

Why Supply Chain Bottlenecks Are Keeping Home Prices Sky High

The global supply chain crunch is disrupting the housing market, keeping the supply of available homes low and real estate prices high.
The post Why Supply Chain Bottlenecks Are Keeping Home Prices Sky High appeared first on Real Estate News & Insights | realtor.com®.

What’s the median age for construction workers?

The median age of construction workers is 41, the same as a typical worker in the national labor force, according to the National Association of Home Builders’ analysis of the most recent 2019 American Community Survey data.
The post What’s the median age for construction workers? appeared first on Atlanta Agent Magazine.

340-unit apartment community coming to West Midtown

The five-story, wood-frame building will be located on the future Westside Beltline Trail and one mile away from the Westside Reservoir Park at Bellwood Quarry.
The post 340-unit apartment community coming to West Midtown appeared first on Atlanta Agent Magazine.

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