This month's regional snapshot presents a detailed look at housing market conditions and affordability challenges, and reviews existing threats and aid initiatives.
Looking at how our Case-Shiller Hone Price Index value has changed since our pre-2008 recession peak (hint: it's higher), and how that change compares to other metros around the country.
About a third of Atlanta households are defined as cost-burdened (spending more than 30 percent of income on housing). BUT those cost burdens go up...a lot...for renters, for lower-earners, or (especially) for lower-income renters.
Data from two surveys show that housing affordability worries are all too real for Atlantans, and are growing despite initial policy efforts.
Updates to the status of evictions in five metro counties, plus details about the national context and local assistance efforts.
A quick look at what we learned using the Atlanta Fed's Mortgage Analytics and Performance Dashboard.
Evictions are often difficult to track in any kind in real-time. This tracker tool, developed by ARC, Georgia Tech and the Atlanta Fed shows filings at the Census tract level for five metro counties: Clayton, Cobb, DeKalb, Fulton and Gwinnett. Data updates weekly.
The pandemic has already led to job loss in the most vulnerable occupations (and has even spread to other job sectors). Following job loss through a household's budget leads to more bad economic and social outcomes for those families. Decreased affordability of housing is an example. This Data Diversion provides an initial look at data that frame potential housing impacts of COVID-associated job loss.
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.
This month's regional snapshot provides an overview of historic, current and forecast economic trends at the cusp of 2020 .