Friday, March 24 was a big night for all members of the North Atlanta Metro Association of Realtors (NAMAR), as individual and team accomplishments in 2022 were celebrated. The Million Dollar Club Awards for top producers and industry leaders were given, and PSP agents and staff were big winners.
Realtor of the Year: Management
Special congratulations to PSP's own Broker, Peggy Slappey, who won Realtor of the Year: Management. Winners for this award are chosen because they represent the best of the real estate industry. Peggy is known throughout the Metro Atlanta area for her wise counsel, her uplifting positivity, and her honest character. Congratulations, Peggy, for this well-deserved award!
The first day of Spring 2023 is just around the corner on March 20th. Peggy Slappey Properties and all our industry partners know that real estate will heat up quickly this spring, and you need to start getting ready for it now. If you’re planning to buy or sell this spring, here are a few ways to stand out in a crowded market.
Sellers, Start Prepping Now.
If the spring market is your target, you need to start getting your home ready to sell now, before March draws to a close. Remember, you only make a first impression once. Curb appeal is your home’s first greeting to potential buyers.
It’s easy to walk by your front door and not notice the leaves piled up, the tired paint on the front door, or the random items that have been left out.
Peggy Slappey Properties and EMC Homes have an incredible incentive offer just in time for St. Paddy's Day. On select homes in nine metro Atlanta communities, buyers can receive an outrageous $20,000* Any Way You Want It! That's a pot of gold any leprechaun would love to claim. Agents, it’s your lucky day, too. Get 4% commission* on qualifying homes.
Check out these beautiful Metro Atlanta communities where new homes are available now:
The Porches at Mobley Lake
The Porches at Mobley Lake is an exciting new home development in the city of Dacula. We offer ranch and two-story homes with open floorplans and distinctive finishes. Residents will enjoy water views and an amenity package that includes a swimming pool with arbor, a playground and
If you've been thinking of buying a home, what's holding you back? An easy way to start the process is a simple pros and cons list, and Peggy Slappey Properties has the expert input to help you sort the good from the bad.
Home Buying in Today's Market
The Metro Atlanta real estate market remains robust. We've seen prices stabilize, sellers get more competitive, and buyers have greater negotiating power. The changing market has brought tons of advantages to buyers that they've not seen in several years.
Buying PROS
As a buyer, your negotiating power is suddenly far greater. Ask for seller-paid closing costs and a seller-paid interest rate buy-down, both of which can save you thousands.
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,
There is exciting news from Richardson Housing Group's popular townhome community, Townes at Greenleaf. Two new townhomes have just been released for sale and are currently available! With housing inventory across the greater Gwinnett area so tight this spring, we are certain these beautiful new homes won't stay on the market for long.
Convenient Lilburn, GA Location
Located in Lilburn, Townes at Greenleaf is convenient to schools, shopping centers, restaurants, and parks. The nearby Downtown area has recently undergone a revitalization, bringing new entertainment venues, unique dining, and boutique shops to the area. Major highways, including I-85, are close to the community, bringing all that Atlanta offers within an easy drive. This popular
2021 was the year of SOLD. So many Peggy Slappey Properties clients saw their homes sell over asking price, with minimum days on the market, many to all-cash buyers who never saw the home in person. Multiple offer situations were the norm in 2021, as buyers flooded the market, which remained at near record low inventory in the metro Atlanta area for much of the year. This seller’s market was a dream come true for those looking to sell but caused headaches for buyers… and buyer’s agents.
Now that 2022 is here, the question on everyone’s mind is: Will home prices come down this year?
There is great news predicted for housing in the coming year. According to the experts at Realtor.com, home prices are expected to keep rising, but at a much slower
Peggy Slappey Properties, Inc. (PSP) is a trusted real estate brokerage with 39 years in the metro Atlanta area. The brokerage has seen several ups and downs in the market over the years. Today’s market, however, looks a little different. Rising prices, low housing inventory, and huge demand could be leading to a generational shift in the area.
Real estate in the metro Atlanta area is hot. Homes are selling fast, often within just one day of hitting the market. It is now normal to be in a multiple offer situation with upwards of 20 or more offers. There are more buyers in the market than sellers, and new home inventory is continually playing catch up with demand. Agents are scheduling showings in 15-minute increments back-to-back for days on end. Homes
Real estate is moving fast in metro Atlanta. Homes are selling in record time, often on the first day listed. To navigate this fast-paced market, it’s more important than ever before to have an experienced, trusted listing agent on your side.
Getting the Right Price
Your listing agent will start with a current market analysis, using other homes in the area, your home’s unique features, and the latest market trends to determine what your home is worth. Because demand for homes has risen so quickly in 2021, it’s not uncommon to receive multiple offers far over asking price. But the baseline is still important. Setting an accurate starting point will determine how much money is in the seller’s pocket at closing.
Real estate in Metro Atlanta, as in other parts of the country, is roaring. It’s an unprecedented time in the industry, when demand has hugely outpaced inventory. That is driving up costs, causing shortages of raw materials for new homes, and leading to many multiple offer situations. As a buyer, what can you expect a seller to consider in those situations? How do you make your offer stand out from the rest?
Is there a home sale contingency?
If you, as the buyer, have a home to sell yourself, it may make other offers without that contingent sale more attractive to the seller. Avoiding a contingency is just one way to avoid potential complications, like financing falling through on the contingent sale. The good news is that this is a small
