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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’s housing market shows signs of improvement during 1st Quarter |
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MetroStudy - (Atlanta, GA– May 5, 2011) - Segments of the Atlanta housing market shows signs of improvement during 1Q11, according to a recent report by Metrostudy, a national housing data and consulting firm that maintains the most extensive primary database on residential construction in the US housing market. The Georgia Department of Labor figures show that net jobs in Atlanta through March of 2011 decreased by 4,900 positions. Currently the region ranks nearly dead last in net job formations. Only Baltimore, Memphis and Sacramento lost more jobs than Atlanta when comparing annual job growth. “New jobs are going to be the key to a recovery for housing demand” said Eugene James, director of Metrostudy’s Atlanta Region. “The good news is that the unemployment rate declined to 9.8%. Yes, that’s still high but one year ago it was 10.1%. Back out the government job losses and private sector jobs actually increased by 3,400 positions, a small but steady increase from previous months. Local Economists continue to predict that the Atlanta MSA could see more than 30,000 new jobs by the end of 2011.The Atlanta single family detached and townhome market combined had a decrease of 31% in quarterly starts and still managed to show an annual increase of 7%, thanks to a previously strong starts pace. Closings on the other hand were down considerably. Quarterly closings were down by 34% and annual closings down by 30%. But there are plenty of positives in the regions new home housing market. For instance, closings have outpaced starts now for four years. This has caused housing inventory to be depleted by 79%. There are sub-markets in the region with months-supply as little as 4 months. A normal month’s supply of houses for Atlanta was about 9. Builders actually increased their prices over last year by 1%, the first price increase seen in years. The median new home price is now $245,100. “With few new homes to choose from, home buyers may have no choice but to turn to used homes when looking to buy a house” said James. About Metrostudy Contact:
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