It’s a question every real estate professional hears almost daily in 2022: Should I wait to buy a home? Clients are concerned that a slowing economy will impact real estate values. They wonder if prices will come down, and they hope for a great, once-in-a-lifetime deal just around the corner. They see rising interest rates and high home prices, and they worry about a housing “bubble” akin to the one that popped in 2008. Fortunately, there is some very good news for both buyers and sellers as 2022 rolls on.
Today’s Market is Strong
While the news media sells fears of a crash, the facts on the ground in the Metro Atlanta area do not support it. When the recession hit in 2008, there were too many homes on the market – a glut of inventory. Today,
It’s that time of year again, when kids across Metro Atlanta fill their backpacks, climb onto the school bus, and watch Mom and Dad dance a happy jig as they wave goodbye. The long summer vacation season has drawn to a close and families are settling in for the school year. Maybe the last thing on their minds is packing up and moving.
What happens to real estate sales when school starts?
In the short term, sales slow. There are fewer homes on the market already, since Spring is traditionally the hottest time to list, and there are fewer buyers looking because people are focused on settling into the new school-time routine. This lull, though, is quite short-lived. Sales typically see an uptick just after the Labor Day weekend – the unofficial
Are You Ready to Sell? The decision to sell your home can be difficult. You love your neighborhood, your kids’ school system, and the neighborhood pool, but you’re just too far away from work. That commute is killing you. Or maybe your family has grown and your lovely little house seems bursting at the seams with…people. There are plenty of reasons to sell, but making the decision can be overwhelming without asking a few questions to put it in all perspective.
How healthy is your financial situation? Whether you are looking to move up or downsize, your credit score and savings are important factors. A PSP preferred lender can examine your finances as a whole and help you to determine your loan eligibility and what your monthly payments will
