Found 9 blog entries tagged as home prices.

Our predictions for the 2026 Greater Atlanta real estate market are a bit different than the other talking heads. We developed our expectations in the field, not from behind a desk. We’re out in the dirt every single day, this is all we do. Our opinions are granular; based on LOCAL data, interaction with other local professionals, and a dash of trusted regional/national data. We consider ResiClub the most credible of those, a fantastic aggregator and their presentation is thorough and completely unbiased.

We’re looking at Q1 and into Q2 of 2026, anything past that is dumb. The news cycle is already swirling less than a week into '26, best we all can do is follow Army doctrine;  adjust, adapt, and overcome. These opinions belong to me; formed with the…

13353 Views, 0 Comments

Read Full Post

Appraisals become more challenging in slowing markets, and that was clear across the Greater Atlanta region over the last two years. As '26 opens, the market is likely to remain stable as the balanced market continues. Given that, it's prudent for buyers, sellers, and agents to understand the challenges inherent in appraising homes in slowing markets. The most obvious thing is for all parties - particularly agents - to acknowledge the market; price the home accurately based upon the data. There's no mystery around this, but it's also the foundation of the majority of appraisal issues.

To add to the mix, Fannie Mae and Freddie Mac are introducing the new UAD 3.6 format alongside the current one. The new format will be mandatory beginning Nov '26. An…

853 Views, 0 Comments

Read Full Post

Looking good. That's the short "to the point" summary of the greater Atlanta real estate market for the 3rd quarter of 2024. Fluctuations? Of course, but real estate is not the stock market and it must be looked at over several quarters to allow enough time for patterns to develop. Q3 especially; July sees closings from May and June, but vacations slow buyer activity. School cranks up in August, always slow as everyone adjusts. Labor Day signals the start of the fall market for the last few weeks of the quarter. It's a challenging but predictable pattern, which is why it's best to compare Q3 '24 to the previous ones. This data here considers the Atlanta real estate market as the counties of Fulton, Cobb, Cherokee, Dekalb, Forsyth, and Gwinnett.

…

2284 Views, 0 Comments

Read Full Post

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…

2848 Views, 0 Comments

Read Full Post

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…

3985 Views, 0 Comments

Read Full Post

Trying to predict any market; stock, bond, mortgage, real estate or other type is a measured guess at best. Toss in a global pandemic, global supply chain issues along with global inflation and the challenge is exacerbated. But in this maelstrom comes a confident 2022 housing market forecast from Goldman Sachs; they predict home prices will appreciate 16% during 2022.

In 2019 the housing market found its legs and combined with a historically strong economy and low rates, the housing market caught fire. The pandemic slammed on the brakes, but by mid ’20 things inexplicably exploded. Prices skyrocketed, competition was ferocious and this fever has been running hot through most of ’21. The two main drivers; low mortgage rates and historically low…

2279 Views, 0 Comments

Read Full Post

Few will argue that the last 18-24 months in the real estate world have been bonkers (mid '19 to mid '21). Prices skyrocketed and inventory disappeared; no one saw this coming. However, few seem to abide by the three rules of real estate: location-location-location. National housing market reports from outlets like Case-Shiller, Redfin and Zillow are taken literally; they shouldn't be. Rapid appreciation is exactly what everyone wants, so for now, buyers and sellers line up and spew Zillow stats like gospel. Except it doesn't work that way. Real estate isn't a share of Amazon; every home is unique physically and locationally. National reports are meaningless; state reports are meaningless; local reports get a little closer but are still largely dubious.…

2265 Views, 0 Comments

Read Full Post

Pigs get fed and hogs get slaughtered. Not every home is going to attract viscous competition, even with historically low inventory. Buyers are willing to pay handsomely for renovated and well maintained homes, for homes in highly desirable settings, for high quality well-built homes and for homes that offer something unique that draws them. The idea that sellers can simply put a price on a home and buyers will jump isn’t reality. The media however, has sellers convinced it’s a “name your price” environment. It’s not. Sellers that accurately price their homes will do the best, not just with price but by controlling the transaction. Sink that hook deep, set the rules for the game and tilt the table. An accurately priced, well presented home will draw…

1231 Views, 0 Comments

Read Full Post

By most measures, this insane housing market isn’t likely to implode like a decade ago. That said, while it may not be not be a housing bubble, some buyers that fail to use common sense will shed tears. Unfortunately, the tissue box is most likely to be used most by first time home buyers who lack previous home buying experience. Unlike a decade ago, lending standards remain generally tight; buyers actually have to qualify for mortgages. The level of inventory now is a fraction of what it was pre-crash ten years ago. But demand is stronger, rates are lower, the Federal Reserve continues their “hold” position and the federal government is in a spend and giveaway mode. Buyers in this environment must be focused, use an agent that isn't just chasing a…

2579 Views, 0 Comments

Read Full Post