Atlanta Real Estate News
Atlanta
New Listings in U.S. Fall 17 Percent as Home Prices Rise 15 Percent
According to U.S. property broker Redfin, the median home sale price increased 15% year over year to $321,250. "The housing market is now like a Soviet-era supermarket, with most of the shelves empty"
Pending Home Sales in U.S. Slip 3 Percent in January
According to the National Association of Realtors, pending home sales in the U.S. took a step backward in January 2021 as inventory constraints continue to hold back prospective buyers.
U.S. New Home Sales Uptick in January
According to new data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in January 2021 rose 4.3 percent to a 923,000 seasonally adjusted annual rate, from an upwardly revised December 2020 reading.
U.S. Mortgage Loans in Forbearance Declines to 5.2 Percent in Mid-February
The total number of loans now in forbearance decreased by 7 basis points from 5.29% of servicers' portfolio volume in the prior week to 5.22% as of February 14, 2021.
