Some were booming before the Covid-19 pandemic hit. Others shot up in popularity arguably because of the pandemic. A few have been slow-but-steady-growth markets for some time. The national housing market slowdown has been one of the headlining stories of 2022, after a spike in mortgage rates in the spring turned the heat off what […]

Mariah Careys’ luxurious Sandy Springs mansion is still on the market. While grand and lavish, even the music icon’s 12,575 square foot mansion is not immune to the whims of this year’s crazy housing market. According to the listing with Ansley Real Estate Christie’s International, the price for the billboard topper’s Georgia estate recently dropped from $6,500,000 to […]

The first half of 2022 was a wild time for the Buckhead housing market. Number of units sold were up, average days on the market were down and home prices saw an average increase of $302,279 compared to 2019. For the third quarter of 2022, the top ten single-family home sales alone totaled more than $48 million. […]

Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have historically […]

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, they impact […]

Money’s Best Places to Live list has been around for 35 years and counting. And if you’ve come across it in any one of those years, you know that Atlanta is very different from the kinds of places that usually make the cut. Especially at the very top. This is no accident. At a time when people […]

Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale than Pre-Pandemic While […]

Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. If you have questions about buying or selling a home in today’s […]

Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008. […]

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because […]