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Market trends and housing reports around North Atlanta

Found 5 blog entries about Market Conditions .

Here's a link the Atlanta Area Housing Market Report for the 4th Qtr 2020. Data is included for over 30 markets in and around Atlanta; from Blue Ridge to South Atlanta. We examine both attached and detached homes and look at homes under and over one million dollars. A quick, visually pleasing way to know what's going on.

Remember, we have appraisal assets and access to much more and much better data than agents do. We also aren't hesitant to couch the the data; every client sees and understands the data exactly as we do. Good or bad, the data is what it is and decisions are based on it.

Hit the image below to see the latest report. If that image doesn't work, CLICK HERE FOR THE LATEST ATLANTA AREA HOUSING REPORT.

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Atlanta is a recognizable location, but the housing market for the many cities north of Atlanta is significantly different. From Smyrna to Woodstock to Alpharetta to Cumming to Johns Creek, they share little in common besides the Georgia connection. Below we compare housing prices between 16 cities broken into 4 regions.rising home prices in atlanta

2020 was a crazy year for residential real estate. Despite everything, the housing markets around north Atlanta treated sellers exceptionally well; buyers...not so much. Inventory was scare and competition fierce, multiple offers continue to be common. Many factors combined for this; mainly historically low interest rates and a global plague. In short, buyers exploited rates that make ownership more attractive than renting and the…

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The Covid-19 impact on real estate is a study in contrasts when the "before" and "after" data is reviewed. Seismic shifts of day to day activities impacted every aspect of life, including residential real estate. The pandemic seems to have changed how home buyers and sellers act and what they value (for now anyway). Also clear; the pre-covid inventory shortage was further exacerbated by shut downs and fears of having people walk through homes. Fewer homes, low rates, increased competition and prices came together. A section of the 2020 national association of realtors report compared the housing market before March of 2020 with that after; some familiar trends were reinforced while new ones appeared.

Multi-Generational Homes are In

Desire for…

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multiple offers on a homeLearning how to win a bidding war when buying a home usually comes from losing; as others win you learn. There are fundamental techniques and steps to take that will make your offer shine when multiple offers are received. Working with an experienced buyer’s agent is key; one that can dissect data, honestly guide you, write an effective offer and respond rapidly during the process. Many strong offers are lost because buyer agents fail to respond in a timely manner. In situations where "highest and best" offers are called for, remember; highest is not always best. A cash offer with no appraisal contingency and a few days of due diligence can be more appealing than a 97% FHA offer. 

Don’t Overpay

The very first step in winning is not overpaying; know…

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Despite a crazy year, the greater North Fulton and Cobb County housing market flourished in 2020. Here we examine and compare the Cobb County markets of Acworth, Kennesaw, Marietta and Smyrna. Next we look at the North Fulton County markets of Alpharetta, Milton, Roswell and Sandy Springs. Three key indicators; median sale price, months of inventory and days on market. 

These charts summarize what buyers and sellers around the north Atlanta housing market experienced; rising price, few homes for sale and a lightening fast market. Scroll the charts for details... 

Acworth / Marietta / Kennesaw / Smyrna 

Each of these markets is enjoying robust appreciation

0-3 is a seller's market, 3-6 balanced, 6+ a buyer's market 

It's…

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