May 19th, 2022
Based strictly on the month-to-month numbers, key Atlanta submarkets from North Fulton to Virginia Highland are starting to apply the brakes early.Whether it’s a blip or a trend remains to be seen.Buckhead, East Cobb, North Fulton and the Intown market experienced a slight drop in the number of new listings from March, down 27% compared to the same period last year.
April 20th, 2022
With inventory remaining at historic lows, houses with For Sale signs in their front yards are getting snapped up quickly across metro Atlanta. In every market Dorsey Alston reviewed, the average sales prices are up over the first three months of 2022 and up as much as 36% compared to the previous year. At the same time, the number of sales has fallen, down 27% across markets due to the lagging inventory.
January 24th, 2022
Across metro Atlanta, the number of sales and average sales prices continued to climb last month, while the number of days houses were on the market continued to fall.
December 10th, 2021
The FHFA is raising the limit on conforming loans by 18%.
This is huge news for home buyers and sellers and is in direct response to the healthy growth in home prices over the last year.
In most of the U.S., the 2022 conforming loan limits for one-unit properties will be $647,200, an increase of $98,950 from $548,250 in 2021.
November 19th, 2021
Dorsey Alston is back with our monthly housing numbers. We take an in-depth, month-to-month look at the numbers in the six close-in Atlanta statistical areas of North Fulton, East Cobb, Buckhead, Intown, Sandy Springs and Brookhaven/Dunwoody.