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North Atlanta Market Update – May 2023

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 …

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North Atlanta Market Update

North Atlanta Market Update – January 2023

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 …

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October 2022 North Atlanta Real Estate Market Update

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 …

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September 2022 North Atlanta Real Estate Market Update

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 …

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