Real estate contracts occasionally collapse due to Buyer problems, but what if the Seller bails out? Can a Buyer sue a Seller if they refuse to close? What used to be infrequent is becoming more common; Sellers backing out of contracts. They might have second thoughts about giving up a low rate or realize that maybe it’s better to keep the home they have. If that happens, what can a Buyer do?

If a Seller Refuses to Close a Real Estate Contract

In Georgia, Sellers play a less proactive role, most of the contract actions are initiated by the Buyers. If a Seller decides not to finalize the deal after all the conditions have been satisfied, the Georgia Association of Realtors contract (06/01/23) provides the following advice:

Remedies of Buyer: In…

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Well Q3 '23 is in the books and it's time for the latest Atlanta real estate market update. Here, we look back year over year and compare Q3 '23 to Q3 '22. The charts look back to Q3 '20 for a broader perspective, but the data results show changes year over year. The six major "greater Atlanta area" counties are considered; there are multiple versions of "Atlanta" but for continuity we keep it to these six (Cherokee, Cobb, Dekalb, Forsyth, Fulton, Gwinnett). We'll answer the "how many, how long, and how much" questions.

How is the Housing Inventory in Atlanta?

housing inventory in atlanta


  • Like the nation, numbers are down for active listings, under contract and sold homes
  • The number of contracts and closings recovered from the low in Q4 '22
  • Fewer listings than a…

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