REAL ATLANTA LIVING

This Week In Real Estate: Here are the real estate highlights we're watching right now: The Georgia housing market is starting to cool down a bit, which is good news for buyers. In metro Atlanta, more than half of homes are now selling for less than the asking price. This means buyers may have more room to negotiate. Homes are also sitting on the market longer—about 41 days on average, compared to 30 days last year. There are also more homes for sale across Georgia, giving buyers more...

This Week In Real Estate: Here are the real estate highlights we're watching right now: 🔹 Mortgage Rates Dip Slightly – Interest rates saw a small decline this week, giving first-time buyers a better shot at locking in a decent rate. 🔹 Inventory Rising in Metro Atlanta – More homes are hitting the market, especially in Henry and Coweta counties, giving buyers more options. 🔹 Georgia Dream Program Still Funded – Down payment help is still available! If you’re a first-time buyer, let’s talk...

This Week In Real Estate: Inventory Levels Up: Metro Atlanta's housing inventory has reached a decade high, with a 4.2-month supply as of April. This increase is attributed to more homeowners listing their properties, easing the previous shortage.The Business Journals Market Rebalancing: The Atlanta housing market is showing signs of rebalancing, with more sellers offering concessions to attract buyers. This shift indicates a move towards a more buyer-friendly environment.Atlanta Agent...

This Week In Real Estate: This week in Georgia real estate, there’s exciting news for buyers and sellers! In Metro Atlanta, the Market Action Index rose to 40, indicating a stronger seller’s market. The median list price also increased to $405,000, up from last month’s $399,000, reflecting growing seller confidence . (Georgia Real Estate Market Update - April 2025 - Modern Heart Realty, April 2025 Metro Atlanta Real Estate Market Update - Path & Post) For buyers, this means acting swiftly is...

This Week In Real Estate: Good news! More homes are hitting the market across Georgia. In Metro Atlanta, the number of new homes listed went up by 22% in March. That means buyers have more choices now than they did last month. Prices are slowly going up, with the average home now costing about $402,000. What does this mean for you? With more homes to pick from, you might not have to rush or compete as much as before. You could even find a home with a better price or ask for things like...

This Week In Real Estate: A proposed bill in Georgia, the Georgians First Residential Property Protection Act, aims to cap the number of homes that large investment companies can own statewide at 2,000.Introduced by Republican Rep. Derrick McCollum, the legislation seeks to curb the influence of corporate landlords in the housing market, addressing concerns about affordability and availability for individual buyers. WABE What This Means for Buyers and Sellers: Buyers: If enacted, the bill...

This Week In Real Estate: Here are the top two real estate news updates for this week: Georgia Property Tax Changes Could Help Homeowners Last year, Georgia voters said “yes” to a new rule that limits how much property taxes can go up each year. But many counties and school systems decided not to follow the rule. Now, lawmakers are asking them to change their minds. If more places follow the rule, homeowners could see smaller tax increases, making it easier to afford their homes. 👉 Read more...

This Week In Real Estate: I wanted to let you know about some recent changes to FHA loans that might affect your homebuying or selling journey. Starting in May 2025, FHA loans will only be available to U.S. citizens, permanent residents, and some specific citizens from other countries. If you're thinking about buying or selling a home and were planning to use an FHA loan, it's important to know this change. Additionally, if you're considering home improvements, the maximum amount you can...

This Week In Real Estate: Here are the top two real estate news updates for this week: U.S. Housing Market Becoming More Buyer-FriendlyThe U.S. housing market is transitioning to a more balanced environment, offering increased inventory, more price reductions, longer time on the market, and lower listing prices compared to last year.This shift provides buyers with more opportunities and leverage in negotiations. Atlanta's Affordable Housing Stock Declines SignificantlyBetween 2018 and 2023,...

This Week In Real Estate: Compass in Advanced Talks to Acquire Warren Buffett's HomeServices of America Compass, the leading U.S. real estate brokerage by volume in 2023, is in advanced discussions to acquire HomeServices of America, owned by Warren Buffett's Berkshire Hathaway. If this deal goes through, it could lead to more streamlined services and potentially more competitive pricing for buyers and sellers. A larger, more consolidated brokerage network may also give sellers better market...