The document provides an overview of housing affordability in the Atlanta region based on a study by the Atlanta Regional Commission. It finds that the number of cost-burdened renter households has increased steadily over the last decade while the number of cost-burdened owner households has declined. Recently, the greatest increase in cost-burdened households has been among those with annual incomes of $35,000 to $50,000. The document also analyzes housing affordability trends and statistics in 10 subareas that make up the Atlanta region.
Profile of trends in home prices, unit rents, cost burden by tenure, threat of evictions, and developing mitigation strategies for the nation and Atlanta metro
Home Ownership snapshot (september 2021) v oct 1ARCResearch
This document provides a summary of key trends related to homeownership in the Atlanta region from 2021. It finds that while home prices have risen rapidly during the pandemic, the housing market appears to be cooling in recent months. The homeownership rate has declined over the last 20 years nationally and regionally. From 2012-2019, the number of owner households increased by 135k, driven by households earning $75k or more. The proportion of cost-burdened owners has declined, but this mostly reflects lower-income households being priced out. The Black-White homeownership gap remains wide and has widened in most counties over the past decade.
The document summarizes housing affordability trends in metro Atlanta. Home prices have risen faster than wages since 2011, and fewer affordable homes are being built. While home prices in north Atlanta and northern suburbs have appreciated the most since 2000, prices in southern areas have declined. When factoring in transportation costs, true housing affordability is even more constrained, with over half of average household income spent on housing and transportation across the region.
RS June 2021: Neighborhood Change Dynamics UpdatedARCResearch
The document analyzes demographic shifts in census tracts in the 20-county Atlanta region from 2000 to 2019. It finds that 53% of census tracts experienced some form of change over this period. 12% saw significant population growth, with higher incomes and more racial/ethnic diversity. 28% saw increased poverty concentration, with lower incomes and more diversity. The regions saw the most population growth in outer suburbs and northern Atlanta, while population declined mostly in southern Atlanta. Areas of poverty concentration were widespread in the inner suburbs, while poverty displacement was concentrated in central Atlanta.
The document summarizes key findings from the 2020 Metro Atlanta Speaks survey on the impact of COVID-19. Some key points:
- Over 66% of respondents reported a major impact from COVID-19. Impact varied by county.
- Around 60% knew someone who had COVID-19, with higher shares among Black and Latino respondents.
- Public health replaced transportation as the top concern, rising from 4% in 2019 to nearly 17% in 2020. Race relations and the economy also saw increases as top concerns.
- Over 82% of pre-pandemic workers reported being affected through layoffs, reduced hours, pay cuts, working from home, or quitting for safety. Impact varied slightly by area and
Profile of trends in home prices, unit rents, cost burden by tenure, threat of evictions, and developing mitigation strategies for the nation and Atlanta metro
Home Ownership snapshot (september 2021) v oct 1ARCResearch
This document provides a summary of key trends related to homeownership in the Atlanta region from 2021. It finds that while home prices have risen rapidly during the pandemic, the housing market appears to be cooling in recent months. The homeownership rate has declined over the last 20 years nationally and regionally. From 2012-2019, the number of owner households increased by 135k, driven by households earning $75k or more. The proportion of cost-burdened owners has declined, but this mostly reflects lower-income households being priced out. The Black-White homeownership gap remains wide and has widened in most counties over the past decade.
The document summarizes housing affordability trends in metro Atlanta. Home prices have risen faster than wages since 2011, and fewer affordable homes are being built. While home prices in north Atlanta and northern suburbs have appreciated the most since 2000, prices in southern areas have declined. When factoring in transportation costs, true housing affordability is even more constrained, with over half of average household income spent on housing and transportation across the region.
RS June 2021: Neighborhood Change Dynamics UpdatedARCResearch
The document analyzes demographic shifts in census tracts in the 20-county Atlanta region from 2000 to 2019. It finds that 53% of census tracts experienced some form of change over this period. 12% saw significant population growth, with higher incomes and more racial/ethnic diversity. 28% saw increased poverty concentration, with lower incomes and more diversity. The regions saw the most population growth in outer suburbs and northern Atlanta, while population declined mostly in southern Atlanta. Areas of poverty concentration were widespread in the inner suburbs, while poverty displacement was concentrated in central Atlanta.
The document summarizes key findings from the 2020 Metro Atlanta Speaks survey on the impact of COVID-19. Some key points:
- Over 66% of respondents reported a major impact from COVID-19. Impact varied by county.
- Around 60% knew someone who had COVID-19, with higher shares among Black and Latino respondents.
- Public health replaced transportation as the top concern, rising from 4% in 2019 to nearly 17% in 2020. Race relations and the economy also saw increases as top concerns.
- Over 82% of pre-pandemic workers reported being affected through layoffs, reduced hours, pay cuts, working from home, or quitting for safety. Impact varied slightly by area and
Regional Snapshot: Affordable Housing - July 2017 ARCResearch
- Home ownership and household formation rates have declined dramatically compared to historic trends, while home prices have risen significantly faster than wages due to dwindling housing supply. Adding transportation costs further worsens housing affordability.
- Rental costs have also risen sharply, especially in the suburbs, while the number of affordable units, particularly for extremely low-income households, has decreased.
- Most affordable housing is located in low-opportunity areas, maintaining the cycle of generational poverty.
Regional Snapshot: ARC Employment Centers: Core Locations for Jobs, not for A...ARCResearch
This month’s Regional Snapshot picks up where the July Regional Snapshot on Affordable Housing left off. In the October Regional Snapshot we take a deeper dive into affordable housing data, mapping it onto our region’s employment centers in an effort to visualize the relationship between housing affordability and concentrations of regional employment.
The Atlanta region population grew by over 78,000 people between 2016 and 2017, with Fulton County experiencing the largest growth of 17,100 new residents. While population growth has slowed compared to previous decades, the 2017 increase was higher than the annual average of the 1990s and 2000s. Most new residential development, both single and multi-family, is occurring in the northern suburbs of the region. The City of Atlanta permitted over 8,000 new units in 2016, mostly multi-family, more than any other jurisdiction.
This month's regional snapshot provides an assessment of regional housing affordability in the Atlanta region. Starting with a review of historic trends in housing construction and costs, the snapshot then steps through the definition of regional "subareas" based on inventory, price, and affordability characteristics.
Home sales in Metro Vancouver dipped to the lowest level seen in March in over 30 years according to a report from the Real Estate Board of Greater Vancouver. Sales totalled 1,727 in March 2019, down 31.4% from March 2018. The total number of homes currently listed is also up 52.4% compared to March 2018. The president of the Real Estate Board attributed the downturn to government policies that have imposed new taxes and regulations on the housing market in recent years, arguing these measures sideline buyers in the short term but do not eliminate long term demand for housing. Benchmark home prices were down across all major property types compared to the previous year.
Australian housing values finished the year 3.0% higher according to data released by @corelogicau today. The growth rate for regional housing values (+6.9%) was more than three times higher than the pace of growth across the capital cities (+2.0%)
Asheville Area Regional Housing Needs Assessment - Executive SummaryGordon Smith
The purpose of this report is to conduct a Housing Needs Assessment of the four-county region that includes and surrounds the city of Asheville, North Carolina. The four counties evaluated in this report are Buncombe, Henderson, Madison, and Transylvania. This evaluation takes into account the demographics, economics and housing supply of the region, along with the input of area stakeholders, and estimates the housing gaps and needs of the study area between 2015 and 2020 for the subject region. The research and analysis, which includes a collection of primary data, analysis of secondary data and onsite market research, was conducted between October and December of 2014. This executive summary addresses key highlights from the full Housing Needs Assessment.
RealPulseAZ - February 2021 - Market ReviewNathan Holman
The document provides an overview of the US housing market in February 2021. It summarizes existing home sales data from 2020, forecasts for home sales and prices in 2021 from various analysts, and projections for mortgage rates. It also discusses factors that may impact housing inventory levels in 2021 such as homeowners waiting for vaccines before listing. The average forecasted home price increase for 2021 across analysts is 5%.
Single-Family Rentals | Q2 2020 | Arbor Realty Trust, Inc. Ivan Kaufman
This document provides an overview and analysis of the single-family rental market in Q2 2020. Key points include: occupancy rates for single-family rentals reached their highest level since 1994; cap rates ticked up slightly but remain stable; and demand for single-family rentals increased due to work-from-home trends and their greater affordability and space compared to other options. The majority of single-family rentals are still owned by individual investors rather than large firms.
The housing market in San Francisco continues to show strength in May 2021, with low inventory, high buyer demand, and rising home prices. Median sales prices for single-family homes rose 19.7% year-over-year to $1,900,000, while condo prices increased 12.8% to $1,227,000. Pending sales grew significantly compared to last year, up 85.8% for single-family and 214.9% for condos. However, new listings declined as supply remains near historic lows, constraining sales activity and fueling further price appreciation.
The document is a monthly real estate snapshot for San Francisco County that provides key metrics and year-over-year comparisons for June 2021. It summarizes that home sales prices rose significantly for both single family homes (+12.1%) and condos (+2%) in June 2021 compared to the previous year. Inventory levels declined sharply while pending sales and median home prices both increased substantially across all property types year-over-year amid low inventory and high buyer demand. The housing market remains very competitive with multiple offers common on properties.
The purpose of this video is to provide an overview of the recent events and trends that have transpired in the residential housing environment, and to provide an overview of the home-price level for a select group of cities that make up the Adkins 60-City Home Price Index. This analysis is for the second quarter of 2015.
This report summarizes the 2018 San Francisco County housing market. Some key points:
- Home prices increased 8% overall with single-family prices up 12.9% and condo prices up 4.6%.
- Pending home sales were up 0.7% while closed sales increased 0.8%. However, active listings decreased 15.2%.
- The median sales price was $1,350,000, up from $1,250,000 in 2017. The average sales price was $1,599,006, up 6.1% from 2017.
- Sellers received 110.5% of their original list price, an improvement of 1% from 2017.
The document provides an overview and assessment of the U.S. residential housing market for the third quarter of 2020 by Adkins Capital Management. It summarizes unexpected increases in new and existing home sales despite the pandemic and economic impacts. It also analyzes the Federal Reserve's monetary policy actions in response. Additionally, it identifies the top five most overpriced and underpriced cities based on an analysis of each city's median home price, household income, and justified mortgage interest rate. The document concludes by encouraging prospective home buyers to use its valuation tools to make prudent home purchasing decisions.
This document contains a variety of charts and data related to the housing market from multiple sources such as NAR, Case-Shiller, Freddie Mac, and Moody's. It is divided into three main sections. The first section contains charts on pending home sales, existing home sales projections vs actuals, and year-over-year sales changes by price point. The second section discusses mortgage rates, affordability, home price valuations, and opinions on whether the housing market could be in a bubble. The third section focuses on marketing strategies and resources for staying up-to-date on housing market trends. The document aims to provide a comprehensive overview of the current state of the housing market from both economic and real estate professional
April 2021 saw strong home sales activity in San Francisco County, with home sales prices and pending sales up significantly year-over-year. The median sales price for single family homes rose 12.1% to $1,800,000, while the median price for condos fell 5.9% to $1,200,000. Pending sales increased 249.4% for single family homes and 396.7% for condos. With limited housing supply and high buyer demand, the real estate market remains very active with multiple offers common, pointing to continued high prices through the spring and summer months.
Sales of single family homes in the Victoria area increased 15.5% in August 2019 compared to August 2018, while condo sales rose 4.1%. The number of active listings decreased 12.7% year-over-year. Median home prices were mixed - the benchmark price for single family homes fell 4.6% to $847,300, while the condo benchmark price rose 2.9% to $518,100. The real estate board president noted stable pricing overall with entry-level homes selling quickly when priced right and higher-end properties moving more slowly.
This document provides a summary of national and local housing market trends from January 2018. Key points include:
- Listing prices grew 8% year-over-year in Cook County, Illinois in December 2017. Inventory levels are decreasing but may be stabilizing.
- Rents are rising 5.3% year-over-year in the Chicago metro area. Monthly costs generally favor renting over buying in most of the region.
- Job and income growth, improving credit access, and shifting demographics especially among millennials are supporting continued housing demand, though low inventory remains a challenge for buyers.
TREB's MARKET WATCH FEBRUARY 2019 REPORTShawn Venasse
March 5, 2019 -- Toronto Real Estate Board President Gurcharan (Garry) Bhaura announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through TREB's MLS® System in February 2019. This sales total was down by 2.4 per cent on a year-over-year basis. Sales were also down compared to January 2019 following preliminary seasonal adjustment.
This document provides a neighborhood report for National City, California that includes statistics and charts related to housing, people, economics, and quality of life. Some key facts presented include the median home value of $320,000, median household income of $38,798, and unemployment rate of 6.5%. Charts show data on topics like home sales prices and volume, listing prices, household demographics, and average temperatures.
Regional Snapshot: Affordable Housing - July 2017 ARCResearch
- Home ownership and household formation rates have declined dramatically compared to historic trends, while home prices have risen significantly faster than wages due to dwindling housing supply. Adding transportation costs further worsens housing affordability.
- Rental costs have also risen sharply, especially in the suburbs, while the number of affordable units, particularly for extremely low-income households, has decreased.
- Most affordable housing is located in low-opportunity areas, maintaining the cycle of generational poverty.
Regional Snapshot: ARC Employment Centers: Core Locations for Jobs, not for A...ARCResearch
This month’s Regional Snapshot picks up where the July Regional Snapshot on Affordable Housing left off. In the October Regional Snapshot we take a deeper dive into affordable housing data, mapping it onto our region’s employment centers in an effort to visualize the relationship between housing affordability and concentrations of regional employment.
The Atlanta region population grew by over 78,000 people between 2016 and 2017, with Fulton County experiencing the largest growth of 17,100 new residents. While population growth has slowed compared to previous decades, the 2017 increase was higher than the annual average of the 1990s and 2000s. Most new residential development, both single and multi-family, is occurring in the northern suburbs of the region. The City of Atlanta permitted over 8,000 new units in 2016, mostly multi-family, more than any other jurisdiction.
This month's regional snapshot provides an assessment of regional housing affordability in the Atlanta region. Starting with a review of historic trends in housing construction and costs, the snapshot then steps through the definition of regional "subareas" based on inventory, price, and affordability characteristics.
Home sales in Metro Vancouver dipped to the lowest level seen in March in over 30 years according to a report from the Real Estate Board of Greater Vancouver. Sales totalled 1,727 in March 2019, down 31.4% from March 2018. The total number of homes currently listed is also up 52.4% compared to March 2018. The president of the Real Estate Board attributed the downturn to government policies that have imposed new taxes and regulations on the housing market in recent years, arguing these measures sideline buyers in the short term but do not eliminate long term demand for housing. Benchmark home prices were down across all major property types compared to the previous year.
Australian housing values finished the year 3.0% higher according to data released by @corelogicau today. The growth rate for regional housing values (+6.9%) was more than three times higher than the pace of growth across the capital cities (+2.0%)
Asheville Area Regional Housing Needs Assessment - Executive SummaryGordon Smith
The purpose of this report is to conduct a Housing Needs Assessment of the four-county region that includes and surrounds the city of Asheville, North Carolina. The four counties evaluated in this report are Buncombe, Henderson, Madison, and Transylvania. This evaluation takes into account the demographics, economics and housing supply of the region, along with the input of area stakeholders, and estimates the housing gaps and needs of the study area between 2015 and 2020 for the subject region. The research and analysis, which includes a collection of primary data, analysis of secondary data and onsite market research, was conducted between October and December of 2014. This executive summary addresses key highlights from the full Housing Needs Assessment.
RealPulseAZ - February 2021 - Market ReviewNathan Holman
The document provides an overview of the US housing market in February 2021. It summarizes existing home sales data from 2020, forecasts for home sales and prices in 2021 from various analysts, and projections for mortgage rates. It also discusses factors that may impact housing inventory levels in 2021 such as homeowners waiting for vaccines before listing. The average forecasted home price increase for 2021 across analysts is 5%.
Single-Family Rentals | Q2 2020 | Arbor Realty Trust, Inc. Ivan Kaufman
This document provides an overview and analysis of the single-family rental market in Q2 2020. Key points include: occupancy rates for single-family rentals reached their highest level since 1994; cap rates ticked up slightly but remain stable; and demand for single-family rentals increased due to work-from-home trends and their greater affordability and space compared to other options. The majority of single-family rentals are still owned by individual investors rather than large firms.
The housing market in San Francisco continues to show strength in May 2021, with low inventory, high buyer demand, and rising home prices. Median sales prices for single-family homes rose 19.7% year-over-year to $1,900,000, while condo prices increased 12.8% to $1,227,000. Pending sales grew significantly compared to last year, up 85.8% for single-family and 214.9% for condos. However, new listings declined as supply remains near historic lows, constraining sales activity and fueling further price appreciation.
The document is a monthly real estate snapshot for San Francisco County that provides key metrics and year-over-year comparisons for June 2021. It summarizes that home sales prices rose significantly for both single family homes (+12.1%) and condos (+2%) in June 2021 compared to the previous year. Inventory levels declined sharply while pending sales and median home prices both increased substantially across all property types year-over-year amid low inventory and high buyer demand. The housing market remains very competitive with multiple offers common on properties.
The purpose of this video is to provide an overview of the recent events and trends that have transpired in the residential housing environment, and to provide an overview of the home-price level for a select group of cities that make up the Adkins 60-City Home Price Index. This analysis is for the second quarter of 2015.
This report summarizes the 2018 San Francisco County housing market. Some key points:
- Home prices increased 8% overall with single-family prices up 12.9% and condo prices up 4.6%.
- Pending home sales were up 0.7% while closed sales increased 0.8%. However, active listings decreased 15.2%.
- The median sales price was $1,350,000, up from $1,250,000 in 2017. The average sales price was $1,599,006, up 6.1% from 2017.
- Sellers received 110.5% of their original list price, an improvement of 1% from 2017.
The document provides an overview and assessment of the U.S. residential housing market for the third quarter of 2020 by Adkins Capital Management. It summarizes unexpected increases in new and existing home sales despite the pandemic and economic impacts. It also analyzes the Federal Reserve's monetary policy actions in response. Additionally, it identifies the top five most overpriced and underpriced cities based on an analysis of each city's median home price, household income, and justified mortgage interest rate. The document concludes by encouraging prospective home buyers to use its valuation tools to make prudent home purchasing decisions.
This document contains a variety of charts and data related to the housing market from multiple sources such as NAR, Case-Shiller, Freddie Mac, and Moody's. It is divided into three main sections. The first section contains charts on pending home sales, existing home sales projections vs actuals, and year-over-year sales changes by price point. The second section discusses mortgage rates, affordability, home price valuations, and opinions on whether the housing market could be in a bubble. The third section focuses on marketing strategies and resources for staying up-to-date on housing market trends. The document aims to provide a comprehensive overview of the current state of the housing market from both economic and real estate professional
April 2021 saw strong home sales activity in San Francisco County, with home sales prices and pending sales up significantly year-over-year. The median sales price for single family homes rose 12.1% to $1,800,000, while the median price for condos fell 5.9% to $1,200,000. Pending sales increased 249.4% for single family homes and 396.7% for condos. With limited housing supply and high buyer demand, the real estate market remains very active with multiple offers common, pointing to continued high prices through the spring and summer months.
Sales of single family homes in the Victoria area increased 15.5% in August 2019 compared to August 2018, while condo sales rose 4.1%. The number of active listings decreased 12.7% year-over-year. Median home prices were mixed - the benchmark price for single family homes fell 4.6% to $847,300, while the condo benchmark price rose 2.9% to $518,100. The real estate board president noted stable pricing overall with entry-level homes selling quickly when priced right and higher-end properties moving more slowly.
This document provides a summary of national and local housing market trends from January 2018. Key points include:
- Listing prices grew 8% year-over-year in Cook County, Illinois in December 2017. Inventory levels are decreasing but may be stabilizing.
- Rents are rising 5.3% year-over-year in the Chicago metro area. Monthly costs generally favor renting over buying in most of the region.
- Job and income growth, improving credit access, and shifting demographics especially among millennials are supporting continued housing demand, though low inventory remains a challenge for buyers.
TREB's MARKET WATCH FEBRUARY 2019 REPORTShawn Venasse
March 5, 2019 -- Toronto Real Estate Board President Gurcharan (Garry) Bhaura announced that Greater Toronto Area REALTORS® reported 5,025 homes sold through TREB's MLS® System in February 2019. This sales total was down by 2.4 per cent on a year-over-year basis. Sales were also down compared to January 2019 following preliminary seasonal adjustment.
This document provides a neighborhood report for National City, California that includes statistics and charts related to housing, people, economics, and quality of life. Some key facts presented include the median home value of $320,000, median household income of $38,798, and unemployment rate of 6.5%. Charts show data on topics like home sales prices and volume, listing prices, household demographics, and average temperatures.
Regional Snapshot: Metro Atlanta Rental Housing AffordabilityARCResearch
Inspired by the National Low Income Housing Coalition's (NLIHC) recently released 2018 Out of Reach report, this month's Regional Snapshot looks at rental housing affordability in the region.
The document provides a real estate market update and outlook for 2014. It summarizes 2013 real estate data showing that existing home sales were the highest since 2006 and median home prices saw strong growth. Inventory levels were down across most price points in the Chicago area in 2013. The outlook for 2014 predicts slightly higher home sales, a 5% increase in median home prices, lower unemployment, and continued growth in homeowner equity. The document concludes by asking if the audience would consider listing their home for sale in 2014.
The purpose of this presentation is to provide an overview of the U.S. residential housing market for the second quarter of 2018. An overview of the State of the Nation's Housing by the Joint Center for Housing Studies of Harvard University is covered in this presentation.
For the overall real estate market in Tucson and southern Arizona, the Seller’s Market conditions continue. The inventory of homes for sale continues to decline in 2018, while sales increased further. The shortage of listings has not been a drag on home sales, however it has contributed to a 4% increase in median price. This has created a very competitive environment, especially at lower price points. At the higher end of the market, there has been a measurable increase in luxury sales. The median price of homes in Tucson was $207,250 in June 2018. Prices have recovered to 2007 levels and are
92% recovered from the market’s peak of $226,465 in November 2005.
2019 CAR Market Outlook - Danielle Hale, realtor.comJessKern
At the 2019 Market Outlook, Danielle Hale, Chief Economist at realtor.com, explores the latest trends, data and economic data in the local and national real estate markets.
The document summarizes key metrics and trends in the 2019 San Francisco County housing market based on data from the local MLS. It finds that while buyer activity was strong due to low mortgage rates and a healthy economy, inventory constraints continued to limit sales. Median home prices rose 2.2% from 2018 to $1,380,000. Condo prices increased more than single family homes. Most neighborhoods saw price increases but inventory declined substantially year-over-year.
TORONTO REGIONAL REAL ESTATE BOARD'S - MARKET WATCH - FOR AUGUEST 2021Shawn Venasse
This is the monthly stats report on all sales and listings within the MLS system run by the Toronto real estate board. This is the definitive AUGUST 2021 sales guide.
Residential home sales in the Greater Toronto Area declined 40.4% year-over-year in July 2017, led by decreases in the detached home segment. While sales dropped significantly, new listings only increased slightly by 5.1%. The Toronto Real Estate Board President attributed the sales decline primarily to psychological factors as buyers waited to see how market conditions evolved, rather than foreign buyers. The average home price rose 5% year-over-year to $746,218, reflecting more housing choice in the market, though supply remains an ongoing issue.
This document provides a neighborhood report for San Diego, California that includes statistics and charts related to housing, people, economics, and quality of life for the area. Key details include the median home value of $485k, a population of 1.31 million, median household income of $63,990, and average annual rainfall of 11.22 inches. Various charts visualize data on home sales, listing prices, household demographics, employment, and more.
Over the past decade, the market for single-family rentals (SFRs) has evolved and emerged as an institutionally viable asset class. In a few years, we will likely look back and consider 2019 to be the sector’s inflection point, where it transitioned from a niche-alternative asset class to a mainstream property type. As the sector gains interest from both investors and renters alike, build-to-rent strategies have emerged as a solution to match supply levels with growing demand.
This report provides an overview of the Old Town neighborhood in San Diego, CA. Some key details include:
- The median home value is $571,000 and has increased 5.5% in the past 12 months. Rentals make up 78% of properties while owners occupy 22%.
- Homes sold in the area typically range from $400,000 to $600,000 and are mostly 1-2 bedrooms with a median age of 46 years.
- The population is 816 with a median age of 49 and most residents having a bachelor's degree or higher. The unemployment rate and average commute time match the county averages.
- The neighborhood has a walkability score of 2.6 out of
TORONTO REAL ESTATE SALES - APRIL 2018 (TREB)Shawn Venasse
TORONTO, May 3, 2018 -- Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,792 sales through TREB's MLS® System in April 2018. The average selling price was $804,584. On a year-over-year basis, sales were down by 32.1 per cent and the average selling price was down by 12.4 per cent.
The 2018 Land Market Survey found that while economic growth strengthened in 2018, the land market saw more modest gains. On average, respondents reported a 2% year-over-year increase in land sales volume and a 2% increase in land prices, slower than the prior year. Regions 7-10 accounted for 80% of U.S. land sales. Residential and recreational land made up 55% of sales. Median land price fell to $4,500/acre while typical land transaction value decreased to $238,500. Financing and zoning issues were the primary challenges reported.
This document provides a neighborhood report for Lemon Grove, California that includes statistics and charts related to housing, people, economics, and quality of life for the area. Key details include a median home value of $361K, median household income of $49,986, and unemployment rate of 6.7% for Lemon Grove. Charts show distributions of home values, sale prices, ages, household types and more to compare Lemon Grove to the county and state.
This document analyzes the 2012-2016 single-family residential real estate market in Kittitas County, Washington. It finds that home sales and building permits fluctuate seasonally, with higher numbers in summer quarters. A regression analysis identified total property area, home area, number of bathrooms, basement area, and garage area as significant factors influencing home prices. Homes in Kittitas are estimated to be 50% cheaper than other Kittitas County cities and towns. The market has seen an overall upward trend in home sales, permits, and median prices over the past four years.
Single-Family Rental Market | Q3 2019 Ivan Kaufman
This document summarizes the state of the single-family rental market in Q3 2019. Key points include:
- Demand for single-family rentals remains strong due to high housing costs and student debt limiting homeownership. Build-to-rent strategies are emerging to meet supply needs.
- Occupancy rates were 93.5% for transacted SFR properties, while cap rates held steady at 6.3%.
- Individual investors own 80% of single-family rental properties, totaling 20.6 million units. However, institutional ownership is growing through build-to-rent strategies and consolidation.
- Overall the single-family rental market continues to benefit from demand growth and economies of scale.
MC_forecasts_finals series 17_feb2024.pdfARCResearch
Final summary slide deck for Series 17 population, employment by sector, age group forecasts for MPO region, counties, and smaller areas...February 2024
33N Blog Housing MAS 2023 Slide DeckpdfARCResearch
Results of housing-related questions from the 2023 Metro Atlanta Speaks survey--focus on affordability locally and regionally, as well as on policy perceptions
33N MAS 2023 BiggestProblemQuestionSlidesARCResearch
This document analyzes data from the Metro Atlanta Speaks survey on the biggest problem facing residents in the metro Atlanta region in 2023 and previous years. The key findings are:
1) In 2023, crime was identified as the biggest problem by 26.5% of respondents, making it the top concern. Transportation and the economy were the second and third biggest problems.
2) Crime has consistently been one of the top concerns over previous survey years from 2014 to 2023, though its ranking and the percentage identifying it as the top problem has varied.
3) Perceptions of the biggest problem differ among demographic groups, with more Black respondents identifying crime and more white respondents identifying transportation as the top concern in
Metro Atlanta Speaks Summary RS Jan 2024ARCResearch
This document summarizes the key findings from the Metro Atlanta Speaks 2023 survey:
1) "Crime" remained the top issue facing the region according to respondents, though "Economy" saw a large increase as the second most picked issue in 2023.
2) Less than half of respondents support paying higher taxes to fund expanded regional public transit.
3) Over 60% of respondents said they could not afford to move to another housing unit in their current neighborhood or within the metro area.
4) Majorities see climate change as a major global and regional threat over the next 10 years.
Final Jobs and Wages Snapshot Slide Deck2024ARCResearch
The document provides an overview of the job market and economy in metro Atlanta. Some key points:
- Metro Atlanta's employment growth over the past decade has been stronger than the national average, and its recovery from the pandemic is among the strongest of peer cities.
- Information and management jobs are relative strengths of the metro Atlanta economy.
- While all industries have more jobs now than before the pandemic, some like information and transportation have lost jobs in the past year.
- Inflation recently dropped significantly in metro Atlanta after outpacing wage growth for two years.
- Registered nurses and software developers remain the most in-demand occupations by employers. Occupations recovering from pandemic losses are also seeing increased demand.
Regional Snapshot: Health Disparities Abound
The document summarizes health disparities in the Atlanta region. It finds that while the metro Atlanta area is relatively healthy overall compared to the rest of Georgia, there are significant racial disparities in health outcomes. Across a wide range of indicators such as infant mortality, diabetes hospital visits, and life expectancy, Black populations consistently have poorer health outcomes than white populations. These disparities are also spatial, with poorer health outcomes concentrated in the southern parts of the region where poverty is also higher. Factors like access to insurance, transportation, and broadband internet contribute to these disparities. The document uses charts and maps to illustrate differences in outcomes, causes of death, hospitalization rates,
This document discusses the biggest challenges facing the Atlanta region including crime, economy, transportation, and human services. It is from the website atlantaregional.org/metroatlantaspeaks which focuses on issues impacting the Atlanta metropolitan area.
This document provides a regional snapshot of the Metro Atlanta cost of living in October 2023. It finds that Metro Atlanta's overall cost of living is almost exactly the national average, with a score of 100.4 on the C2ER Cost of Living Index. While Atlanta's health care costs are slightly higher than peers, utility costs are lower, offsetting the higher health care. The document also examines how costs have increased in Atlanta since 2000, with medical and transportation costs rising the most. Housing plays a large role in determining differences in cost of living between urban areas.
Among the fifteen most populous metro areas, metro Atlanta ranks fourth in overall homeownership rates. Homeownership rates vary greatly across the metro Atlanta region and are highest for Asian residents but lowest for Black and Hispanic residents. Cobb and Gwinnett Counties have the largest differences in homeownership rates between White and Black residents, while Fayette County has a much smaller gap. Mortgage data shows White homebuyers purchasing homes in majority Black areas of DeKalb County and central Fulton County.
Choice Hotels International is seeking to acquire Wyndham Hotels & Resorts, a deal that would create one of the largest budget hotel owners. The companies are each valued at around $6 billion but are not currently in serious talks. If no deal is reached, Choice could make an offer directly to Wyndham shareholders. Wyndham shares rose on the news while Choice shares dropped. Both companies focus on budget-conscious travelers. Choice says the deal would help its goal of expanding in upper-midscale and upscale segments. The hotel industry is recovering as travelers return, but it was battered early in the pandemic when travel halted globally.
The document provides an overview of aging trends in the Atlanta region. It notes that the population aged 65+ has nearly doubled since 1960 and will almost double again by 2050 to over 21% of the population. Currently Fayette County has the highest percentage of older residents while Clayton County has the lowest. The number of older people employed rebounded after the pandemic and is now the highest in 5 years, with those aged 65+ making up a growing share of total employment. The working age population is forecast to increase only 17% by 2050 compared to a 46% rise in non-working ages, reducing the dependency ratio.
This document provides a summary of data from the 100 Metros dashboard about the Atlanta metro area and how it compares to other large metro areas in the US. The data is organized into categories including demographics, housing, education/technology, health, employment, economic development, and commuting. Some key findings are that Atlanta's population ranks 8th largest nationally and grew faster than most other large metros from 2021-2022. The metro area also ranks high for housing permits, job growth, and median home sale price increases but lower for median income and average hourly wages.
1. Metro Atlanta surpassed 3 million jobs for the first time in October 2022, with employment recovering strongly from pandemic lows in early 2020.
2. Registered Nurses remain the most in-demand occupation according to job postings data, though demand is growing fastest for lower-wage jobs in areas like freight, food service, and retail.
3. Inflation has risen faster in metro Atlanta than national averages over the past year, increasing just over 8%, partly due to high population growth driving up housing costs.
The document analyzes migration patterns of young adults aged 16-26 between 2000-2018 moving to and from the Atlanta metropolitan area. It finds that the largest share of in-migration to Atlanta comes from low-income Black movers, making up 78% of all young movers. The top origins for migration are New York City and Miami, while the top destination for out-migration from Atlanta is LaGrange, Georgia. Overall, Atlanta sees far more in-migration from populations of color compared to white populations, and has one of the lowest rates of in-migration from white young adults among peer cities.
Rental presentation - with annotation.pdfARCResearch
The document summarizes rental housing affordability trends in the Atlanta metro region. It finds that over the past 5 years, rent growth in Atlanta has been the second highest among major US metros behind only Miami. Rents in the Atlanta suburbs like Forsyth County have increased the most. There has also been a decrease in affordable rental units renting for under $1250 and an increase in units renting for over $1250 from 2014-2020. Higher rents are pushing more people to file for evictions, with filings on the rise since early 2022. Census tracts with more millennials and closer to downtown Atlanta tend to have higher rental costs.
According to the document:
- Atlanta's overall cost of living is slightly above the national average, with housing costs being 13% higher but utility costs 13.4% lower than average.
- To have equivalent purchasing power in Manhattan as $50,000 in Atlanta, one would need to earn over $120,000, while only $49,900 would be needed in Dallas.
- Atlanta's consumer price index has increased 54% since 2000, with medical and transportation costs rising the most.
Working with data is a challenge for many organizations. Nonprofits in particular may need to collect and analyze sensitive, incomplete, and/or biased historical data about people. In this talk, Dr. Cori Faklaris of UNC Charlotte provides an overview of current AI capabilities and weaknesses to consider when integrating current AI technologies into the data workflow. The talk is organized around three takeaways: (1) For better or sometimes worse, AI provides you with “infinite interns.” (2) Give people permission & guardrails to learn what works with these “interns” and what doesn’t. (3) Create a roadmap for adding in more AI to assist nonprofit work, along with strategies for bias mitigation.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
RFP for Reno's Community Assistance CenterThis Is Reno
Property appraisals completed in May for downtown Reno’s Community Assistance and Triage Centers (CAC) reveal that repairing the buildings to bring them back into service would cost an estimated $10.1 million—nearly four times the amount previously reported by city staff.
United Nations World Oceans Day 2024; June 8th " Awaken new dephts".Christina Parmionova
The program will expand our perspectives and appreciation for our blue planet, build new foundations for our relationship to the ocean, and ignite a wave of action toward necessary change.
Food safety, prepare for the unexpected - So what can be done in order to be ready to address food safety, food Consumers, food producers and manufacturers, food transporters, food businesses, food retailers can ...
Monitoring Health for the SDGs - Global Health Statistics 2024 - WHOChristina Parmionova
The 2024 World Health Statistics edition reviews more than 50 health-related indicators from the Sustainable Development Goals and WHO’s Thirteenth General Programme of Work. It also highlights the findings from the Global health estimates 2021, notably the impact of the COVID-19 pandemic on life expectancy and healthy life expectancy.
Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...OECDregions
Preliminary findings from OECD field visits for the project: Enhancing EU Mining Regional Ecosystems to Support the Green Transition and Secure Mineral Raw Materials Supply.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.Christina Parmionova
The best available, up-to-date information on all fishing and related vessels that appear on the illegal, unregulated, and unreported (IUU) fishing vessel lists published by Regional Fisheries Management Organisations (RFMOs) and related organisations. The aim of the site is to improve the effectiveness of the original IUU lists as a tool for a wide variety of stakeholders to better understand and combat illegal fishing and broader fisheries crime.
To date, the following regional organisations maintain or share lists of vessels that have been found to carry out or support IUU fishing within their own or adjacent convention areas and/or species of competence:
Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR)
Commission for the Conservation of Southern Bluefin Tuna (CCSBT)
General Fisheries Commission for the Mediterranean (GFCM)
Inter-American Tropical Tuna Commission (IATTC)
International Commission for the Conservation of Atlantic Tunas (ICCAT)
Indian Ocean Tuna Commission (IOTC)
Northwest Atlantic Fisheries Organisation (NAFO)
North East Atlantic Fisheries Commission (NEAFC)
North Pacific Fisheries Commission (NPFC)
South East Atlantic Fisheries Organisation (SEAFO)
South Pacific Regional Fisheries Management Organisation (SPRFMO)
Southern Indian Ocean Fisheries Agreement (SIOFA)
Western and Central Pacific Fisheries Commission (WCPFC)
The Combined IUU Fishing Vessel List merges all these sources into one list that provides a single reference point to identify whether a vessel is currently IUU listed. Vessels that have been IUU listed in the past and subsequently delisted (for example because of a change in ownership, or because the vessel is no longer in service) are also retained on the site, so that the site contains a full historic record of IUU listed fishing vessels.
Unlike the IUU lists published on individual RFMO websites, which may update vessel details infrequently or not at all, the Combined IUU Fishing Vessel List is kept up to date with the best available information regarding changes to vessel identity, flag state, ownership, location, and operations.
AHMR is an interdisciplinary peer-reviewed online journal created to encourage and facilitate the study of all aspects (socio-economic, political, legislative and developmental) of Human Mobility in Africa. Through the publication of original research, policy discussions and evidence research papers AHMR provides a comprehensive forum devoted exclusively to the analysis of contemporaneous trends, migration patterns and some of the most important migration-related issues.
1. Atlanta Regional Commission
Research & Analytics
2020 Regional Housing Affordability Snapshot
February 2020
For more information, contact:
ewoodworth@atlantaregional.org
2. The number of renter households in the region paying more than 30% of their income for
housing costs has increased steadily over the last 10 years, while the number of cost-
burdened owner households has declined.
The overwhelming majority of lower income households in the region are cost-burdened.
Recently, the greatest increase in cost-burdened households has been among those with
annual incomes between $35,000 and $50,000.
Housing market subareas provide a foundational spatial framework for the housing strategy,
enabling the identification of area-specific policies and tactics.
The new Metro Atlanta Housing Strategy (MAHS) website provides an entry point for
discussing housing affordability and identifying policies and tactics to address this issue.
The example neighborhoods in this Regional Snapshot offer a localized view of each subarea.
Housing Snapshot Overview
5. Residential Building Permits
10-County Atlanta Region | 1980 to 2018
Atlanta was producing close to roughly 50,000 units per year in the early 2000s.
Today, the region is building a little more than half that amount. The current decade
is on pace to have the lowest level of new housing construction since the 1940s.
Data Source:
US Census Bureau; State of the Cities Database
6. $0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
Affordable Rent*
Median MF Rent
Median Rent
* 30% of median monthly
household income among
renters
$871
$910
$991
$1,044
$1,084 $1,122
Affordable vs Actual Rent
Atlanta MSA | 2013 to 2018
Rent in the region is increasing more quickly than household incomes among
renters, leading to a growing gap in the rents being paid and what would be
considered affordable. The quickest increase in rent has been for multifamily units.
Data Source:
US Census Bureau, American Community Survey, 1-year, 2013 to 2018
Zillow Monthly Rent Data, Jan. 2013 to Dec. 2018
7. Percent Cost-Burdened Households by Tenure
10-County Atlanta Region | 2007 to 2018
All Households
Renters
Owners
38.4% 37.3%
39.3%
41.8%
40.6%
37.6%
35.9% 35.7%
33.6% 32.5% 32.0% 32.1%
50.6%
48.8%
53.0% 53.6% 54.7% 53.7%
51.7% 52.5%
49.2% 48.9% 48.7%
49.9%
32.9% 31.9% 32.6%
35.4%
32.4%
27.9%
25.9% 24.8%
23.3%
21.4% 21.2% 21.1%
0%
10%
20%
30%
40%
50%
60%
Over the last ten years, roughly half of the renter households in the region
have been paying more than 30% of their income on housing, while the
proportion of cost-burdened owners has been declining.
Data Source:
US Census Bureau, American Community Survey, 1-year releases, 2007 to 2018
8. Number of Cost-Burdened Households by Tenure
10-County Atlanta Region | 2007 to 2017
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
Since 2007, the region has seen an average increase of 7,402 cost-burdened
renter households per year. During the same time, the number of cost-burdened
owners has declined by an average of 10,386 households each year.
Owners
Renters
Data Source:
US Census Bureau, American Community Survey, 1-year releases, 2007 to 2018
9. 74.0% 75.4% 75.2% 74.9% 76.3% 76.0% 74.8% 75.0%
77.6%
74.2%
77.6% 79.3%
51.3% 50.8%
48.0%
51.4%
47.8% 46.1%
43.0%
47.3%
44.5%
50.1%
52.2%
57.8%
29.9% 29.1% 27.7%
31.0%
27.1%
22.4%
19.4% 21.3%
19.0% 20.3%
22.3%
25.6%
9.6% 9.5% 8.9% 8.8% 7.6% 5.7% 5.3% 4.2% 4.4% 4.1% 4.0% 4.6%
88.0% 89.0% 88.5% 90.5% 90.8% 89.4% 89.6% 89.8% 90.5% 90.1%
87.6% 87.8%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Percent Cost-Burdened Households by Income
10-County Atlanta Region | 2007 to 2018
Less than $20,000
$20,000 to $34,999
$35,000 to $49,999
$50,000 to $74,999
$75,000 or more
While the proportion of cost-burdened households with incomes below $35,000 has been
consistently high over the last decade, the proportion of cost-burdened households with incomes
between $35,000 and $50,000 has increased significantly in recent years.
Data Source:
US Census Bureau, American Community Survey, 1-year releases, 2007 to 2018
10. Minimum
Affordable Monthly
Housing Cost
Maximum
Affordable Monthly
Housing Cost
Total
Cost-Burden
Renters
2018
Total
Cost-Burdened
Owners
2018
Less than $20,000 - < $500 91,175 51,886
$20,000 to $34,999 $500 < $875 105,969 48,598
$35,000 to $49,999 $875 < $1,250 72,333 41,858
$50,000 to $74,999 $1,250 < $1,875 35,741 40,069
$75,000 or more $1,875 - 4,890 31,151
The largest proportion of cost-burdened households are low and middle income
renters. In 2018 of the estimated 523,670 cost-burdened households in the region,
51.5% were renter households with annual incomes less than $50,000.
Data Source:
US Census Bureau, American Community Survey, 1-year, 2018
11. Using a housing market subarea framework, the new Metro Atlanta Housing
Strategy website provides an entry point for discussing housing affordability and
identifying policies and strategies at the regional, county, and municipal levels.
12. By sorting the region into ten
different housing market
subareas, the strategy helps
identify locally- specific
policies and strategies for
encouraging greater housing
affordability.
14. Subarea 1
Housing Market Snapshot
Median Sale Price (2018) $795,000
+ 44.5% since 2013
Average Sale Price per ft2 (2018) $339.46
+ 41.9% since 2013
Average Rent (2017) $1,895
Median Building Area of Homes Sold (2018) 2,255 ft2
Median Year Built of Homes Sold (2018) 1940
Neighborhood Facts
An estimated 10,620 multifamily units were added
since 2010.
Renters comprise 20.1% of households.
Only 12.7% of renter households are paying more than
30% of their income on housing, whereas 25.3% of
owners are cost-burdened.
Average commute time for workers is 20.7 minutes.
Spotlight: Lenox Park / Virginia Highlands
Home Sale Price per ft2 (2018)
$208 $513
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
16. Subarea 2
Housing Market Snapshot
Median Sale Price (2018) $255,250
+ 41.8% since 2013
Average Sale Price per ft2 (2018) $118.24
+ 47.6% since 2013
Average Rent (2017) $1,177
Median Building Area of Homes Sold (2018) 2,184 ft2
Median Year Built of Homes Sold (2018) 1985
Spotlight: Southwest Peachtree Corners
Home Sale Price per ft2 (2018)
$63 $172
Neighborhood Facts
Renters comprise 30% of the households in the
neighborhoods southwest of Peachtree Corners.
31.4% of renter households and 26.4% of owner
households are cost-burdened.
Average commute time for workers is 25 minutes.
There are 6.6 times as many jobs as located in the area
as there are workers living in the area.
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
17. Subarea 3
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
18. Subarea 3
Housing Market Snapshot
Median Sale Price (2018) $270,534
+ 441.1% since 2013
Average Sale Price per ft2 (2018) $210.82
+ 464.3% since 2013
Average Rent (2017) $1,056
Median Building Area of Homes Sold (2018) 1,320 ft2
Median Year Built of Homes Sold (2018) 1920
Spotlight: Adair Park
Home Sale Price per ft2 (2018)
$92 $313
Neighborhood Facts
Renters comprise an estimate 52.4% of the households
in the Adair Park area of which 59.9% are cost-
burdened.
Among owners, 37.7% are cost-burdened, marking a
substantial decline of 30.4 percentage points since
2010.
This is one of the most rapidly changing neighborhoods
in the region in terms of home sale prices.
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
20. Subarea 4
Housing Market Snapshot
Median Sale Price (2018) $48,001
+ 71.4% since 2013
Average Sale Price per ft2 (2018) $54.08
+ 70.3% since 2013
Average Rent (2017) $923
Median Building Area of Homes Sold (2018) 1,000 ft2
Median Year Built of Homes Sold (2018) 1960
Spotlight: Carroll Heights and Fairburn Heights
Home Sale Price per ft2 (2018)
$11 $76
Neighborhood Facts
Owners comprise 43.5% of the households in the area
containing the Carroll Heights and Fairburn Heights
neighborhoods.
22.6% of the 956 housing units in this area are vacant.
69.7% of renter households are cost-burdened.
Among all households, 43% are renting single family
homes.
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
22. Subarea 5
Housing Market Snapshot
Median Sale Price (2018) $325,000
+ 47.3% since 2013
Average Sale Price per ft2 (2018) $130.01
+ 43.8% since 2013
Average Rent (2017) $1,147
Median Building Area of Homes Sold (2018) 2,643 ft2
Median Year Built of Homes Sold (2018) 1995
Spotlight: Scotts Mill and Berkeley Lake
Home Sale Price per ft2 (2018)
$84 $246
Neighborhood Facts
An estimated 28% of the housing units in the area
containing Scotts Mill and Berkeley Lake are
multifamily.
35% of this area’s households are renters of which
45.4% are cost-burdened.
There are twice as many jobs as there are workers
living in this area.
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
24. Subarea 6
Housing Market Snapshot
Median Sale Price (2018) $210,000
+ 47.9% since 2013
Average Sale Price per ft2 (2018) $123.51
+ 52% since 2013
Average Rent (2017) $786
Median Building Area of Homes Sold (2018) 1,755 ft2
Median Year Built of Homes Sold (2018) 1997
Spotlight: East Canton and Buffington
Home Sale Price per ft2 (2018)
$51 $203
Neighborhood Facts
12.5% of households are renting single family homes in
the area east of Canton and containing Buffington.
7% of the housing units are in multifamily buildings.
Renters comprise 24% of the households in this area of
which 52.5% are cost-burdened.
Average commute time for workers is 34.2 minutes.
There are 1.4 jobs located per worker living in this
area.
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
26. Subarea 7
Housing Market Snapshot
Median Sale Price (2018) $199,450
+ 58.9% since 2013
Average Sale Price per ft2 (2018) $96.60
+ 58.5% since 2013
Average Rent (2017) $969
Median Building Area of Homes Sold (2018) 1,995 ft2
Median Year Built of Homes Sold (2018) 1982
Spotlight: Hopeful, Kenwood, and Cottonwood
Home Sale Price per ft2 (2018)
$48 $148
Neighborhood Facts
Renters comprise 16.7% of the households in the area
south and west of Kenwood.
Only about a third of home loan applications
originating from this area were approved in 2017.
20.6% of renters and 19.7% of owners in this area are
cost-burdened.
There are 1.9 jobs located per worker living in this
area.
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
28. Subarea 8
Housing Market Snapshot
Median Sale Price (2018) $106,854
+ 57.1% since 2013
Average Sale Price per ft2 (2018) $73.75
+ 55.6% since 2013
Average Rent (2017) $989
Median Building Area of Homes Sold (2018) 1,314 ft2
Median Year Built of Homes Sold (2018) 1966
Spotlight: Kellogg, English Heights, and Connally
Home Sale Price per ft2 (2018)
$30 $116
Neighborhood Facts
The area in eastern Douglasville containing Kellogg,
English Heights, and Connally has a roughly equal
proportion of renters and owners.
39.8% of renters and 27% of owners are cost-burdened.
Average travel time to work is 25.2 minutes.
The poverty rate in this area has more than doubled
from 8.9% in 2010 to 21.4% in 2017.
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
30. Subarea 9
Housing Market Snapshot
Median Sale Price (2018) $240,000
+ 64.4% since 2013
Average Sale Price per ft2 (2018) $95.38
+ 57.7% since 2013
Average Rent (2017) $1,320
Median Building Area of Homes Sold (2018) 2,483 ft2
Median Year Built of Homes Sold (2018) 2002
Spotlight: South Dacula
Home Sale Price per ft2 (2018)
$32 $177
Neighborhood Facts
14.4% of the households in south Dacula are renters.
The proportion of single-family renters has nearly
doubled from 7.7% in 2010 to 13.5% in 2017.
Among the owner households, 22.4% are cost-burdened.
The estimated number of multifamily units went from 0
in 2010 to 252 in 2017.
Average commute time for workers is 35.7 minutes.
Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
32. Data Sources:
US Census Bureau, American Community Survey, 5-year, 2006-10 & 2013-17
ARC analysis of Zillow ZTRAX Home Sale Transactions (2018)
Subarea 10
Housing Market Snapshot
Median Sale Price (2018) $655,000
+ 20.9% since 2013
Average Sale Price per ft2 (2018) $182.27
+ 46.1% since 2013
Average Rent (2017) $2,079
Median Building Area of Homes Sold (2018) 4,152 ft2
Median Year Built of Homes Sold (2018) 2001
Spotlight: North Milton
Home Sale Price per ft2 (2018)
$45 $373
Neighborhood Facts
Only 5.9% of the households in north Milton are
renters.
Among owner households, 23.7% pay more than 30%
of their income on housing costs.
Only 4.6% of households are renting single-family
homes, slightly up from 3% in 2010.
Average travel time to work is 31.6 minutes.
Note:
Images do NOT represent homes sold but rather samples from
the overall housing stock captured via Google Maps Street View.
Combining the UGPM categories with the home price analysis and then using some inductive reasoning…these are the resulting subareas. I am happy to go into how exactly we arrived at these 10 in the Q&A but the short of it is that this came about through a data-driven iterative stakeholder engagement process with housing policy relevance being a central criterion. I will now very quickly go through each of the subareas.