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.

Likely increase in first-time Hispanic homebuyers

Around 70% of new homebuyers will be Hispanic by 2040, according to projections from the Urban Institute. Based on the 2020 Census data, Hispanics are the quickest growing demographic in the U.S. However, with rising interest rates and escalating home prices, affordability issues are appearing for young Hispanic homebuyers.
The post Likely increase in first-time Hispanic homebuyers appeared first on Atlanta Agent Magazine.

Case-Shiller: Home-price index just 2.4% off 2022 peak; Atlanta sees 3.5% gain 

A third consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index lends new evidence to claims that previous declines could be behind the market. 
The post Case-Shiller: Home-price index just 2.4% off 2022 peak; Atlanta sees 3.5% gain  appeared first on Atlanta Agent Magazine.

‘Mortgage Financing Remains a Headwind for Home Prices’: Home-Price Growth Slows in December, With San Francisco Leading the Way

The S&P CoreLogic Case-Shiller 20-city house price index rise fell 0.5% in December, its sixth monthly decline.
The post ‘Mortgage Financing Remains a Headwind for Home Prices’: Home-Price Growth Slows in December, With San Francisco Leading the Way appeared first on Real Estate News & Insights | realtor.com®.

The Rate of Home-Price Growth Hits Lowest Since Late Summer 2020. These Markets Have the Highest Risk of Price Declines.

Home-price appreciation slowed to 6.9% in December, according to the CoreLogic Home Price Index.
The post The Rate of Home-Price Growth Hits Lowest Since Late Summer 2020. These Markets Have the Highest Risk of Price Declines. appeared first on Real Estate News & Insights | realtor.com®.

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