Mortgage Rates: What’s Happening and What Does It Mean For Buyers and Sellers?
MORTGAGE RATES: What’s Happening And What It Means for Buyers and Sellers Mortgage Rates Still Near 7%: Why It’s Happening and What It Means for Buyers and Sellers In recent months, the Federal Reserve has cut rates by 75 basis points, leading many to believe that mortgage rates would ease as well. However, despite the […]
November 2024 Metro Atlanta Real Estate Market Update
November 2024 Metro Atlanta Real Estate Market Update October data is in and trends show the Metro Atlanta housing market continues to cool down. Here’s a breakdown of the essential numbers: Year-Over-Year Trends Active Listings: Up 53%. Pending Sales: Down 23%. Median Sold Price vs. Original List Price: down 1% to 98% Closed Sales: Down by 11%. Median Sales […]
October 2024 Metro Atlanta Real Estate Market Update
October 2024 Metro Atlanta Real Estate Market Update September data is in and trends show the Metro Atlanta housing market continues to cool down. Here’s a breakdown of the essential numbers: Month-Over-Month Trends Active Listings: Up by 2%. This marks an increase in available properties, providing more options for buyers. Pending Sales: Down by 16%. […]
Metro Atlanta Market Trends: Where We Are Now vs. 2019
Metro Atlanta Market Update: Where We Are Now vS. 2019 February 2024 housing data is in for Metro Atlanta and here is what you need to know when comparing to pre-covid conditions in 2019. Active Listings have decreased by 46% and the number of listings sold is down 21% since 2019. This shows that there […]