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,
Are you currently renting and trying to decide if homeownership is right for you? The decision to rent a home or buy one can be especially hard in today’s housing market. After all, home prices have skyrocketed over the past two years and so have rental costs. Could your money be better used in the investment of a home? Consider these five important factors as you deliberate:
Rents Continue to Rise Quickly
Most renters are notified as their lease draws to an end that rent will go up if they choose to renew. It’s common practice, especially for those with a one-year lease. Payments will continue to climb year after year. Homeowners with a traditional, 30-year fixed rate mortgage can rest assured that their housing costs will remain steady, while
Looking to buy a home in the near future? Listen up! These are the top five money mistakes that can jeopardize your purchase:
New Loans
Once you have secured financing, do NOT open any new lines of credit. This means no new store credit cards, car loans, or financed purchases of any kind. If your new home needs new furniture, either use cash or wait until 30 days after closing so your debt-to-income ratio does not change. After all, the furniture won’t do you any good if you can’t buy the house to put it in.
Missed Payments
Make all your standard monthly payments on time. Just before closing is not the time to be forgetful about that credit card bill you’ve had since college. Keep your credit score impeccable and unchanged in the
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
Buyer’s agents are a huge asset to your home buying experience. They make your search, negotiation, and final transaction more professional and less stressful, whether this is your first home purchase or your fifteenth. Check out eight ways your buyer’s agent is indispensable:
Time
Great buyer’s agents spend loads of time online, searching for listings that match your requirements. They spend time on the phone, contacting other agents to get all the details. Then, they spend time previewing houses before you ever see them – all in an effort to save YOUR time.
Money
A buyer’s agent can tell you if the house you love is worth the price tag attached to it. He or she can provide a market analysis to determine the fair value of the home,
Buyer’s agents are a huge asset to your home buying experience. They make your search, negotiation, and final transaction more professional and less stressful, especially if you’ve never previously bought a home. Check out eight ways your buyer’s agent is indispensable:
Time
Great buyer’s agents spend loads of time online, searching for listings that match your requirements. They spend time on the phone, contacting other agents to get all the details. Then, they spend time previewing houses before you ever see them – all in an effort to save YOUR time.
Money
A buyer’s agent can tell you if the house you love is worth the price tag attached to it. He or she can provide a market analysis to determine the fair value of the home, potentially
