Atlanta homes selling for more, and faster, as housing inventory rises, data shows [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
According to data published by the Georgia Multiple Listings Service, the Atlanta metro saw sales go up by 9% compared to last April, and median prices overall go up 4.2%. Zooming in on Atlanta's core counties, which Georgia MLS says are Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding & Rockdale, sales volume was up a solid 10%. While sales volumes were up to the tune of millions, inventory increased as well. In the core Atlanta counties, new listings of houses for sale was up over 35% and active listings were up 46%. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks ] The larger metro Atlanta area saw new listings up 33% and active listings up 41.7%, according to the GMLS data. While more inventory means more opportunities for prospective homebuyers, price increases and higher mortgage rates mean costs are overall up, and it's having an impact on inflation. The most recent Consumer Price Index report from the U.S. B
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News
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FMCC
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 5/9/24 - Form ABS-15G/A
- 5/9/24 - Form ABS-15G/A
- 5/9/24 - Form ABS-15G/A
- FMCC's page on the SEC website