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
Autumn is officially here, but home sales are still sizzling in Metro Atlanta. We are experiencing one of the best real estate markets the area has seen in more than a decade. As the summer draws to a close, schools re-open and businesses rebound from Covid-19 losses, demand for homes across suburban areas is high. That’s great news if you’ve been waiting for the right time to sell!
Homes Are Spending Less Time on the Market
Buyers are highly motivated right now. They know that choices are slim and when they fall in love with a home, they are acting quickly to make it their own. Many PSP agents are reporting homes sold within hours of listing – not days or weeks. Of course, the average number of days on the market does vary according to
EMC Homes invites you to attend Open Houses happening this weekend at three of our beautiful communities in Atlanta!
McIntosh Place is a premier community located in Lawrenceville, the heart of Gwinnett County. You’ll be just a short drive from Sugarloaf Parkway and nearby shopping at Sugarloaf Mills and the Mall of Georgia. Families will love the excellent Gwinnett County schools, including the highly ranked Archer High School!
We invite you to visit this move-in ready home available now at McIntosh Place!
1230 Grayson Oaks Drive 5 bedrooms and 3 baths Wooded lot on a cul-de-sac Hand-scraped hardwood flooring in foyer, kitchen, and breakfast area Gourmet kitchen with granite countertops and large island $269,900
Smith Douglas is one of the fastest growing new home builders in Metro Atlanta, and Peggy Slappey Properties is excited to be working with them in two beautiful communities. With over 40 years of experience in new home construction, Smith Douglas remains focused on providing quality homes at amazing value with service and craftsmanship homeowners can trust. We invite you to tour one of these exciting Smith Douglas communities today.
McKinley Crossing
McKinley Crossing is a well-established community in Forsyth County where new homes start in the mid-$200’s. There are a wide range of floor plans available, including ranch and two-story homes, all with open, spacious kitchen/great room combinations. These three-to-five-bedroom homes feature
