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The Forecast for the Atlanta Real Estate Market in 2024

Hank Miller Team

How can variables like local and national economic conditions, consumer debt, consumer confidence, the Fed, global supply chains, wars and conflict and a hundred other wild cards be corralled? Sellers attacked the market in early ’22 looking to capture the buyer frenzy. This assumes that no new listings are added to the market.

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The nation’s housing market is on a correction course

Housing Wire

Inventories of homes for sale and days on market increased in the last month while growth in listing prices for homes started to soften. Nonetheless, in many markets the shortage of new homes persisted, as did the slowing of new-home completion due to supply chain disruptions.

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August 2022 South Florida Housing Report

Lamacchia Realty

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. Broward County single family and condo/townhome closed sales, new listings, and pending sales decreased. Seller Resources. Broward County. Highlights.

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Rising costs, COVID cases dip builder confidence

Housing Wire

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. Homebuilder confidence in the U.S. Inventory has been an issue for real estate agents and brokers since early 2020, as well.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

We certainly see that in all forms of residential real estate – from new construction to finding items for the home. The brighter news is that labor shortages and supply-chain disruptions are improving but it’s hardly “back to normal.” New single-family-home listings rose 3.8% List: $2.7M ($1484/sq.