Why Are Atlanta Condominiums so Hot Right Now?

Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation  Call me at (404) 564-7272 for a FREE home buying or selling consultation
Right now, we're seeing a lot of multiple offer situations with Atlanta condos. From Buckhead to Morningside and Virginia Highland, condominiums are in high demand right now in our area. In fact, we've seen some sell for as high as 9% above list price.

Areas with a great school district - such as Brookhaven, Cobb, East Atlanta, Grant Park, and Decatur - are incredibly hot. If you're looking to buy, you need to be prepared to make a strong offer, as you'll likely have competition. If you want to have a good shot at winning a multiple offer situation, it's crucial you work with an experienced real estate professional. They will help you implement strategies that are necessary to get you the home of your dreams.

We're seeing many people from different demographics throughout the city choosing this spring to make their move. Empty nesters and first-time buyers alike are looking for new places to live, and this has led to an incredibly active Atlanta market.

If you would like assistance finding the right place for you and your family, we would love to help. Give us a call or shoot us a quick email for the real estate assistance you deserve! 

What Does High Buyer Demand Mean for the Value of Your Atlanta Home?

Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation  Call me at (404) 564-7272 for a FREE home buying or selling consultation
 The Atlanta area is still suffering from a general lack of inventory. Obviously, this makes it a seller's market, as buyers don't have the leverage to get great deals. We're seeing lots of multiple offer situations, and often homes are selling well above list price.

Another trend we've seen lately is an increased use of the escalation clause, which states a person is willing to pay $3,000 more than the highest offer the seller has received. 

Interest rates are as low as 3.25% for those with great credit, but the Fed has announced that rates will certainly rise soon, without a doubt by the end of the year. Adjustable rate mortgages are as low as 2.4% right now, if that's something that would better fit the needs of your family. You can't beat these rates! 

Conditions right now are almost too good to be true, but they're not going to last much longer. Now is the time to buy, plain and simple. Give us a call if you want to work with highly experienced real estate experts. We would love to help you take advantage of these fantastic conditions! 

How to Prepare for a Successful Home Sale This Spring

There are many great Atlanta area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (404) 564-7272 for a FREE home buying or selling consultation to answer any of your real estate questions.\

Today I'm going to be filling you in on what to expect from Atlanta's housing market in the next few months. Like many other markets, Atlanta experiences a period of inactivity during the winter. 

However, if you're interested in selling your home during the spring, you'd better start preparing for the process now. I invite you to visit my website (www.soldfastandfortopdollar.com) where I can provide you with many different pointers on how to get your home ready for sale. 

On the flip-side, if you're planning on purchasing a home, I do expect inventory to pick up in Atlanta, so there will be plenty to choose from. If you want some extra pointers on how to prepare for a home purchase, you can visit www.ATLbuyertraps.com. We also have weekly home buyer seminars, where we go through the whole process, from the initial consultation all the way up to closing. There is no cost or obligation to attend, but we highly recommend it if you're looking to make the most out of your real estate transaction. These are hosted in our office in the Druid Hills area. 

As always, if you're interested in buying or selling, please don't hesitate to contact my team. We would be very happy to serve you!

Where's the Atlanta Market Heading?

There are many great Atlanta area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (404) 564-7272 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today, we're here to recap a fantastic year in Atlanta area real estate, and look forward to what 2015 will bring!

It's been a great year for homeowners, as the average value of sold homes in the Atlanta area is up 11% compared to the same time last year! The market has really rebounded over the past few years with steady appreciation, despite slowing down a bit in the last few months

Interest rates have also improved from last year, falling from about 4.26% to 4%. You can expect home values to continue their incremental climb this year, but keep in mind that different neighborhoods will appreciate at different rates. Ponce City Market, the Old Fourth Ward, and Poncey-Highland are all very hot areas right now, and we don't expect that to change next year. 

If you have any questions about what we've seen in our market over the last year, or are curious about what might happen in the new year, give us a call or shoot us an email. We would love to help you out!

We want to thank everyone for the continued support!

Your Home's Value Is Rising - But for How Much Longer?

 There are many great Atlanta area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (404) 564-7272 for a FREE home buying or selling consultation to answer any of your real estate questions.

Your Home's Value Is Rising - But for How Much Longer?

Have you been wondering what's going on with the market in Atlanta right now? Today, we're going to answer just that.

Currently, we are in a seller's market. If you haven't gotten a home evaluation in the last few years, now may be the time! If you were under water, or were underwhelmed by your home's equity, when you last checked, you may be surprised by how much your home is now worth.  

We've come a long way since the lows of the downturn several years ago. Home values have been steadily increasing each month, and the latest data shows that metro Atlanta prices have risen 13.8% over the last year. Although neighborhoods have appreciated at different rates, the city is nearly at October of 2008 levels. Things are much better, but we still have a bit more recovering to do. 

Mortgage rates have fallen for the second consecutive month and 30-year fixed-rate mortgages are around 4% at the moment. However, we've ran into homeowners who are hesitant to sell their home in the winter. What they don't realize is there are many advantages to selling during this time. There is less inventory on the market, less competition, and homes show well with holiday decorations. Additionally, because many of the buyers during this period are relocation buyers who are in a hurry, you will be dealing with serious buyers. 

If you're looking to buy, winter is also a great time to start your search. There aren't as many buyers out there looking for homes, so you won't have to worry about running into as many multiple offer situations as you would in the spring. If you find a home you like, you can secure a low rate and move in during the spring when the weather is nicer.

If you have any questions about our market, or are interested in buying or selling in the winter months, please give us a call or shoot us an email. We would love to assist you with all of your real estate needs! 

Atlanta Real Estate Market Update for Summer 2014

There are many great Atlanta area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (404) 564-7272 for a FREE home buying or selling consultation to answer any of your real estate questions.

Atlanta Real Estate Market Update for Summer 2014

 Welcome back, everyone. Today we wanted to take a moment to give you a brief update on what is happening in the real estate market here in Atlanta.  Here is what's going on.

• In Atlanta, we are currently in a seller's market. Home values are up 14% from last year and we are suffering from a lack of inventory. There are many more buyers than sellers and we are looking for more listing opportunities
• The imbalance of the market is great for sellers currently on the market. It has been affecting buyers in a way that hasn't been conducive to looking because there is just not enough inventory out there
• Buyers paying in cash are in a position to beat out other buyers for a property. We are seeing a lot of multiple offer situations and the cash buyer always rules.
• In the current environment, it is important to make your best offer first. Even though there may not be any offers on the table, a better one could come in while you are negotiating.
• Currently, you can get a 30-yr mortgage with an outstanding 4.25% interest rate. There has been no federal indication that rates will be raised significantly in the next year.

If you have any questions about the Atlanta real estate market or anything else, don't hesitate to contact us. We would love to answer your questions.