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State Associations and Agencies
Stay informed directly by the source. On both the national and state levels, our Associations & Agencies section is the place to find the latest news and information impacting the housing industry. Press Releases and Notifications are posted as they are released by industry associations and regulatory agencies.
Check back often. This comprehensive directory of Professional Associations and Regulatory Agencies is state specific and will provide the information you need. For direct access to these organizations just click any of the links above.
The National Associations page covers Professional Associations and Regulatory Agencies links in addition to the latest press coverage from respected sources including NCSHA, MBA, NAR, NAMB, Fannie Mae, FHA and many more.
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| Atlanta job market sees losses during 3Q11, but housing starts still increase |
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Metrostudy Report - Atlanta, GA– November 7, 2011 - The Atlanta housing market shows year over year increase in quarterly starts as of the end of 3Q11, according to a recent report by Metrostudy, a national housing intelligence and consulting firm that maintains the most extensive primary database on residential construction in the US housing market. This makes the third consecutive quarter that starts have increased. Many have asked “Why are starts increasing at all?” stated Eugene James, director of Metrostudy’s Atlanta Region. “Well, Atlanta new home closings have been well ahead of housing starts for four solid years. Contrary to what many may think, there is no overhang of new home inventory. Supply has declined by 82% since 2006,” said James at a recent housing update meeting. “At this point the new home market is probably losing market share to resale in part because there are so few new homes to choose from.” The dismal Atlanta job picture has helped to suppress new home demand (closings). September 2011 employment show 25,900 fewer positions compared to one year ago, again more than any other MSA in the country. Government and Finance positions experienced the steepest declines while the Professional and Business Service sector along with Manufacturing positions experienced an increase in employment positions. New home closings were down 20.5% in the third quarter compared to last year while resale and REO transactions were up by 11%. 41% of the resale transactions were distressed sales and yet the median transaction price increased by 9% year over year to $130,000. For information contact: |
