Can you believe we are halfway through 2023? This Market Update focuses on the normal rhythm of the real estate market. As the saying goes, “An ounce of prevention is worth a pound of cure?” This is our contribution to an ounce of prevention. Prevention of what? Fear! There has been so much fear mongering …
https://youtu.be/mA_EQxobuEk May 2023 brings good news in the real estate market!! The Federal Housing Finance Agency reversed its edict imposing punitive fees upon mortgage borrowers with good credit scores!! On May 10th, the National Association of Realtors (NAR) announced: “This afternoon, following significant urging from the National Association of REALTORSÆ, the Federal Housing Finance Agency …
This month, we cover the state of housing on the national level and then bring it down to the granular level in each of the Top 7 North Atlanta Suburbs. Those 7 suburbs are: Milton, Lake Lanier, Roswell, Suwanee, Johns Creek, Alpharetta, and Cumming. But first, let’s talk national! Dion Rabouin with the Wall Street …
Happy February Everyone! We begin the February 2023 real estate market update for the Top 7 North Atlanta Suburbs with a confession: Claire and I are not journalists. It is our job to assemble the most reliable data available, put it together into a logical narrative, and summarize the state of the North Atlanta real …
https://youtu.be/aYGphUL4kUE Happy New Year Everyone!! We begin the first market update of 2023 market update by harkening back to 1967 when Dr. Doolittle introduced a rare animal that is the perfect metaphor for our current real estate market. The Pushme Pullyu represents tension. One end pulls one way while the other pulls against it. In …
I cannot believe it is already December 2022. What a rollercoaster of a year it has been for the housing market. Why? Never in history have mortgage rates doubled in one year. It is not the rate itself that made the market unstable, but rather, the speed of the change.
As we begin the November market update by diving deep into last month’s statistics, we see that the market is continuing to normalize. It has been a while since we had a normal market so let’s do a quick refresher course on what that means. A balanced market, that is a market where the seller …
November 2022 North Atlanta Real Estate Market Update Read More »
https://www.youtube.com/watch?v=N7FyyCiMgqM The September 2022 real estate market was all about supply and demand, interest rates, and home equity. It was a month of market transition and normalization. The previous half-year of 20% plus price appreciation slowed to 16% which felt like depreciation to sellers who had entered the market with lofty expectations. While buyers were …
October 2022 North Atlanta Real Estate Market Update Read More »
Fall fun on the farm time is here! From picking pumpkins, to going on hayrides, to visiting the petting zoo, these North Atlanta farms have some amazing fall experiences lined up for the kiddos (and adults!)! Here’s a list of our favorite farms to visit in the fall: Big Springs Farms Big Springs Farms is …
As we sit here in early September discussing the August real estate market in the Top 7 North Atlanta Suburbs, there are three major variables: interest rates, home price appreciation, and affordability. Let’s start with interest rates. Keeping Current Matters says that quote, “Inflation is the enemy of long-term interest rates.” So when the September …
September 2022 North Atlanta Real Estate Market Update Read More »
Ansley Real Estate
31 Church Street
Alpharetta, GA 30009
770-284-9900
Kathy Vaughn, Managing Broker
Gail & Claire McCown
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