A BULLISH Forecast for the Atlanta Spring '25 Real Estate Market
Posted by Hank Miller on
We're bullish on the spring '25 Atlanta real estate market. Now that the "interest rate" situation appears over and the election is done, this market can get back to being boring. Boring real estate is good, boring housing markets are safe and predictable. Significant challenges remain, but with the election over what appears to be an end to the "Fed Watch" on rates, things should settle down. One unknown is how agent compensation is received now that it is in effect. Q4 was the roll out, this spring will be a chance to see how that plays in a busy market.
No crystal ball but 35 years of sales and appraisals provide a pretty good "gut" feel for things. We're all in, leaning on that Blue Bell powered gut and three years of Atlanta housing market data.…
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I didn’t expect the answer Mr. X gave me, nor how fast he said, “I effed up, didn't use an agent”. At least he was honest in telling me; “I didn’t know what I didn’t know”. And I was honest in telling him; “now you do”. He described how a friend called and said a home in their community was coming on the market. They were told that the seller "already had interest and wasn't even going to list". This was one of the spots Mr. X wanted badly, so they jumped on it. Without a second thought, without contingencies, and without an agent. As he said, they now realize that a purchase of this magnitude should never be rushed or taken lightly. These are tough conversations and unfortunately, they happen often.