ABR in the Press

Foreclosure sales boost Atlanta housing
CNBC Article quotes ABR President Todd Emerson | Thursday, August 28, 2014

Home sales in July were 2.5 percent lower than June, and 4.9 percent lower than July 2013, according to the Atlanta Board of REALTORS®.

"Overall, market conditions continue to remain favorable for a sustained and healthy real estate market in greater Atlanta. Median sales price and total home sales continue to hover at recent highs and inventory continues to rise," said ABR President Todd Emerson.

Metro Atlanta's Real Estate Market Holds Steady
WABE Interview with ABR President Todd Emerson | Monday, August 18, 2014

"All the indications are very, very favorable for a continued, thriving and sustainable housing market in Atlanta," says ABR president Todd Emerson.

But, there is room for improvement.

There are about 16,500 single-family residential properties on the market in metro Atlanta.

That comes to just under a five-month supply.

Emerson says a balanced market is a six-month supply.

"It really doesn't have anything to do with buyer confidence, it's just that we still have a limited supply of inventory.  We continue to add to the inventory and the good stuff comes onto the market and is moving very, very quickly and we're seeing lots of multiple offer situations in cases like that," says Emerson.

Atlanta home sales and prices fall in July
AJC Article quotes ABR President Todd Emerson | Monday, August 18, 2014

July home sales and prices in 11 metro Atlanta counties dipped slightly from June, the Atlanta Board of REALTORS® reported Monday.

The numbers could be adjusted upward if additional closings for the month get reported, as happened in June, said ABR President Todd Emerson.

"While sales for June initially reflected a decrease in sales year over year, the updated information based on additional reported closings now reflects a light increase over 2013," he said.

Emerson said the market continues to move slowly toward a balance between homes for sale and buyers.

Home Sales Sizzle: Market rebound continues around Intown
Atlanta INtown Article quotes ABR Market Brief | Wednesday, August 6, 2014

The monthly report for June from the Atlanta Board of REALTORS® showed the median sales price for single-family homes was $230,000 – up 10.6 percent from June of last year.

Atlanta home sales down, prices up in June
AJC Article quotes ABR Market Brief | Monday, July 21, 2014

Atlanta home prices kept rising in June, as the market continued to reflect the mismatch of higher demand and a relatively limited supply of homes for sale.

According to the monthly report of the Atlanta Board of REALTORS®, released today, the median sales price for single family homes during the month was $230,000 – up 10.6 percent from June of last year.

Metro Atlanta home sales lower in May; prices still rising
AJC Article quotes ABR President Todd Emerson | Monday, June 16, 2014

In a statement, Atlanta Board of REALTORS® president Todd Emerson said price increases are bringing more "would be" sellers out from underwater. Median prices were $226,000 in May.

"As inventory levels continue to rise it creates more selection and opportunities for buyers either currently in the market or considering a home purchase in the near future," Emerson said.

Metro Atlanta home sales still lower than 2013
AJC Article quotes ABR President Todd Emerson | Monday, May 19, 2014

The price increase is a result of a reduction in foreclosure sales and continued demand, Atlanta Board of REALTORS® president Todd Emerson said in a statement. He also said seller confidence is on the rise. "We continue to remain very optimistic all of these trends will continue into summer," he said.

Metro Atlanta home sales down in March
AJC Article quotes ABR President Todd Emerson | Monday, April 21, 2014
"The month over month increases in single family residential sales signals the entrance of a robust spring housing market," Atlanta Board of REALTORS® president Todd Emerson said in a statement.
National Association of Realtors names Atlantan as 30 under 30 finalist
Atlanta Business Chronicle article featuring ABR Member Janice Overbeck | March 25, 2014

ABC: How do you differentiate yourself?

JO: I am very involved in the local Atlanta Board of REALTORS® and spend a lot of time on continuing education. These help me in my real estate career and to be a more well-rounded individual and I can offer more to my clients with the knowledge I gain.

ABR: Weather hurt February house sales
ABC Article quotes ABR President-Elect Ennis Antoine | Wednesday, March 12, 2014
"While the number of sales has gone down again, we don't find that too surprising given the continuing low inventory across the metro area and the unusually inclement winter weather," said ABR President-Elect Ennis Antoine, in a statement. "Conversely, the rising prices were also anticipated given the short supply and the return of the 'traditional' buying and selling season. [...]"
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