The real estate market in Atlanta has started to shift toward a more neutral market. Buyers are starting to get the upper hand and are beginning to us contingencies clauses in their offers to better protect themselves in a home purchase. In Atlanta I started seeing them in June and that trend continues to grow….
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The National Association just published housing statistics for June and it is clear that home sales hit the brakes. The number of homes that went under contract in June is down substantially. This likely means the statistics for closed homes in August could fall off a cliff. “Contract signings to buy a home will keep…
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The strong seller’s market is swinging more in homebuyers’ favor as the housing market enters transition. One of the key indicators is price drops on houses that are on the market. When I start seeing sellers lower the listing price on homes that have been on the market a few weeks, I know the iron…
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The housing market has reached a turning point and the housing shift has begun. Cheap money is gone, kaput, no longer available. In the past couple of years, cheap money has fueled a booming housing market that resulted in record-low inventories of available homes and lots of frustration for potential home buyers. Record high prices…
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Mortgage interest rates are rising as the Federal Reserve announced a 1/2 point interest rate increase on the rate it charges banks to borrow. A mortgage loan that cost 4.75% last week will cost you 5.25% today and rates will probably continue to go up given the inflation signals I see. The big question for…
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The English Team of Realty Associates of Atlanta is pleased to announce the addition of Kristen Bryant. Kristen joins the English Team to pursue her passion for real estate and to empower clients with housing transitions. Kristen completed her real estate licensure in Spring 2022. Residing in Atlanta for the past 12 years, Kristen enjoys…
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Tucker Housing Market Gone Wild Had the Tucker housing market gone wild? Yes! Without a doubt. I listed a two-bedroom townhome in Dillard Crossing. This is a really nice townhome community tucked into a quiet corner behind the Zaxby’s restaurant in Tucker. The price point was affordable – $230,000. We were prepared for a lot…
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“Have you been to any of the new restaurants on Main Street in Tucker GA?” asked Matthew Lee, Executive Director of the Tucker-Northlake CID. There was a big show of hands at our Realty Associates sales meeting where Lee was making a presentation. The follow-up question was the one that got everyone’s attention. “Did you…
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Buying a home has become a struggle because there is so much money chasing so few houses. Once a home is listed for sale on the MLS an immediate bidding war erupts. Just a few years ago I was fielding calls from sellers frustrated by the amount of time it was taking to find a…
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Nothing beats experience in rapidly changing real estate markets. Last summer I was challenged by a potential seller who had a specific need. “I need to sell my home and close the transaction in 30 days” The seller had purchased another home and wanted to replace the funds used in that transaction with the closing…
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There are some upgrades that improve the value of your home when you get ready to sell it. There are a whole lot more upgrades that do little or nothing to improve the market value of your home. If you are considering some home improvements, I am available to be your “value” resource. I can…
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As my lovely friend, Reid Davidson, would sing “I’ve seen the bright lights of Memphis and the Commodore Hotel”. We attended a wedding in Memphis over the weekend and it was so much fun. Memphis is a great weekend getaway from Atlanta. Our wedding invitation never arrived. We thought we might be getting one but…
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Get off the sofa and get mulching. January in Atlanta is a great month for watching college football bowl games, the NFL playoffs and guess what else? Mulching your plants and garden beds. When the fire is warm inside and it is cold outside your plants are begging for a warm blanket to protect their…
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You are going to love the 2021 design trends from the National Association of Realtors. Well most of them Or maybe just some of them. Anyway this is what is happening with homes and residences in 2021 From the National Association of Realtors https://www.nar.realtor/blogs/styled-staged-sold/8-home-design-building-trends-to-watch-in-2022?fbclid=IwAR3ETOH3GqOMlhrSHYr2Qyjrengv7wFPVo-laTecwYiFJpyRKY84k7Gt8CU 8 Home Design, Building Trends to Watch in 2022 Homeowners are…
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Shopping for outdoor furniture this weekend? Yeah, I didn’t think so. Most of us have been prepping for the anticipated Atlanta Snowmagedden Sunday. But I was shopping because I need some new furniture and the delivery time is FOUR TO SIX MONTHS. Just a heads up for all those folks who bought a home in…
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Sally English 2022 Real Estate Predictions1. Mortgage rates are going up. The Fed will likely respond to inflation by raising interest rates. Mortgage rates will respond immediately.2. More houses are coming on the market in 2022 compared to 2021. The current seller’s market will shift more towards a buyer’s market.3. Homes priced over $1,000,000 in…
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This crazy house market feels like we are in an Audi on the autobahn in Germany and the view out the window is blurred because we are traveling so fast. My buyers are fighting to get homes but sellers are making it a challenge to win a bid. Every time I write a contract to…
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DeKalb County School staff are once again creating misery for parents as Lakeside Cluster Elementary School Attendance Zones are being tweaked with no logical reason. A community meeting, where parents were given options to “participate” in the planning process, presented attendance zone options for students in the Lakeside Cluster. It appears to me students being…
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House flippers on HGTV buy a house at auction and then flip it in a month or two for some marginal profit. I followed a slightly less conventional approach with my 17-year house-flip in Decatur GA. In 2002 I listed a house for sale for a friend’s mother. The bungalow in North Decatur was in…
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Mr. Rodgers stated it best “Won’t you please be my neighbor?” We are losing some longtime outstanding neighbors to a work relocation. Having enjoyed many years of being neighbors we reluctantly announce their home on Bolero Way will be listed this weekend July 14th, 2019. https://www.youtube.com/watch?v=vmplK_MOEnc Mr Rodgers “Won’t you please be my neighbor?” Ben…
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