If you’re debating between renting or buying, let’s break it down in the simplest way possible. We’ll compare the cost of renting a home at $3,800 per month for three years versus the equity you could build by buying a $500,000 home that appreciates at 6.5% per year. The Cost of Renting • Monthly rent: […]
Archives: February 2025
The Price of Hesitation: Why Rising Home Costs Outweigh Falling Rates
Should You Buy a Home Now Despite Mortgage Interest Rates? Over the past four years, home prices have steadily increased, making real estate a strong investment. While mortgage interest rates fluctuate, historical trends show that waiting often leads to paying more for the same home later. Why Buying Now Makes Sense: Home Prices Have Continued […]
How Savvy Realtors Leverage Local Expertise to Attract Buyers and Maximize Home Sales
In today’s evolving real estate market, having a local realtor with specialized knowledge and experience is more crucial than ever. Whether targeting local buyers or foreign investors, a skilled realtor can make all the difference in attracting interest and securing the best possible price for your home. Despite signs of cooling home sales, the ongoing […]
Michael Jordan’s Iconic $9.5M Mansion Finds a Buyer – Here’s What He Plans to Do With It
After sitting on the market for over a decade, Michael Jordan’s legendary Highland Park mansion has finally been sold for $9.5 million—a fraction of its original $29 million asking price. The new owner? John Cooper, a Nebraska-based real estate executive and longtime Jordan fan, who has big plans for the property. A Home Built for […]
Federal Reserve’s Interest Rate Decisions
In its January 29, 2025 meeting, the Federal Open Market Committee (FOMC) decided to maintain the target range for the federal funds rate at 4.25% to 4.50%. This decision reflects the Fed’s assessment of current economic conditions, including strong labor market indicators and inflation near its 2% target. Federal Reserve Vice Chair Philip Jefferson emphasized […]
Atlanta Buyers Can Gain the Upper Hand as Homes Sit Longer on the Market
As high mortgage rates continue to put pressure on the housing market, Atlanta homebuyers are finding new opportunities to negotiate better deals. With homes lingering on the market for extended periods, savvy buyers can leverage longer Days on Market (DOM) as a powerful tool to secure favorable pricing and terms. Market Conditions Favor Negotiation In […]