“After a sustained period of quick sales that kept the housing cupboard relatively bare, a supply of two months presents a lot more options for homebuyers,” said RE/MAX President and CEO Nick Bailey.
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Category: RE/MAX National Housing Report
The market is stabilizing, says RE/MAX president and CEO Nick Bailey
The report shows decreases in sales prices, as well as an overall increase in days on the market. While this could be due partially to high interest rates, Bailey says the shift in the market could open up opportunities for buyers who’ve had to put their plans on hold.
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RE/MAX: Atlanta median-sales price slides as inventory jumps
Nationally, the median sales price slid 2.9% from June but rose 8.1% from July 2021, while closed transactions were down 16.6% on a monthly basis and 26.3% on a yearly one, RE/MAX said in its National Housing Report.
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Atlanta housing inventory jumps in June RE/MAX survey
Nationwide, sales hit their highest level of the year, rising 4.7% from June but falling 17.6% on a year-over-year basis, RE/MAX said.
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Atlanta median sales price hits $400,000 for first time in RE/MAX survey
Home prices rose 3.9% month over month and 23.1% year over year to hit that milestone, RE/MAX said.
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Atlanta housing market maintains momentum in November
“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey
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RE/MAX: Signs of Atlanta’s tight housing market persist in October
Among the 51 metro areas surveyed in October, closed transactions were down 6.4% from September, nearly twice the average pre-pandemic decline of 3.3% between 2015 and 2019, RE/MAX said, citing its National Housing Report.
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RE/MAX: Atlanta housing market takes a pause in September
Days on market rose 10% from August, and months supply of inventory jumped 16.7%, according to RE/MAX’s National Housing Report for September.
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Atlanta home sales transactions up 24.3% from a year ago
The typical increase in home sales as summer approaches failed to materialize nationwide last month, with average sales dropping 0.2% from April to May, but month-over-month sales in Atlanta dipped even further, declining 0.8%, according to the RE/MAX May National Housing Report.
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RE/MAX: Recordbreaking median home sales price climbs again in April
The limited inventory that has plagued the housing market continued, although at an abated pace
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