Does mention of the Great Recession still make you queasy?
Data from the U.S. Census Bureau and other sources confirm what many have sensed for quite some time now: The housing industry is currently healthy and sustainable. Especially in parts of metro Atlanta. Although it might not feel like it to everyone.
WalletHub — a credit score and report website — broke down the best real estate markets city by city with a list of 300 places in the United States. Looks like Roswell (ranked 49th), Sandy Springs (74th), and Atlanta (101st) all made the cut.
Researchers at the site ranked each city based on metrics like median home-price appreciation, housing affordability, and job growth.
The New York Times recently reported that July sales of new single-family homes broke 10-year-old records. (Cue the doomsday bubble chorus!)
Nationwide, which tracks the health of U.S. real estate, reported at the end of quarter two that "the overall U.S. housing market is sustainable ... few regional housing markets are vulnerable to a housing downturn."
Hey, sounds pretty good. Here’s hoping.
- 2016’s Best Real Estate Markets [WalletHub]
- The Housing Market is Finally Starting to Look Healthy [New York Times]
- Health of Housing Markets Report [Nationwide]