The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. Despite continuous caterwauling from the MSM about a crash, home prices around greater Atlanta haven't really moved from a year ago. In fact, some market are ahead of those record highs of '22. Clearly it's not the same market, but the interest rate shock seems to be accounted for.

Owners Love Low Mortgages

Pretty simple. During the pandemic, the government bought mortgage backed securities and artificially maintained those historically low interest rates. Working at home became "a thing" and people spent a lot more time in and around their homes. Many leveraged those low rates and refinanced, taking money out and completing…

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No investor is immune, every one has dealt with additional costs due to unexpected repairs in a flip home. Hours of research, project expenses and potential profit, getting contractors and permits lined up and trying to hold onto the wallet. Rookie investors make rookie mistakes; overpaying, underestimating repairs, poor project management, overestimating finished market value and a thousand other things. But even experienced flippers get surprised from time to time.

Here's an example. The residents of this town home ignored routine maintenance for years, it needed extensive renovation. Several neighbors mentioned the residents were hoarders and the prospect of the home being completely renovated was welcomed news.

The preliminary inspection…

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Technology continues to transform marketing, real estate in particular. Accuracy in real estate listings is more concerning than ever, how a home is represented and described may not always be what a buyer sees. Advertising, especially in real estate, always pushes the boundaries, but there is an expectation that the information presented is factually accurate.

Accuracy in Real Estate Listings Matters:

  • Legal Implications:  Providing inaccurate information could lead to legal issues. Misrepresentation of a property can result in lawsuits and fines. Real estate laws vary by state but there is the expectation of full disclosure of all material facts about a property. Seller disclosures are completed and assumed to be truthful but that’s not always…

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