Mortgage rates just rose to the 7% level for the first time in recent years. But that is no reason to delay purchasing a home now. Let’s take a look at four scenarios and see what might happen: SCENARIO 1: Mortgage rates drop significantly after you buy your home This is actually a great scenario…
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Despite the intimidating national economic news we read daily, the Atlanta housing situation is experiencing a moment of March madness as buyers scramble to lock down what ever houses come on the market in their target neighborhoods. I am in DIRE NEED of houses to list to meet the existing buyer demand in this March…
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After 25 years of representing The English Team and helping hundreds of clients sell their home in Emory and CDC neighborhoods – we are updating the English Team logo. My daughters called the old red jacket logo the “tea kettle” because my arm looked like the handle on a classic English Tea Kettle. Our new…
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“May the odds ever be ever in your favor” is the catchphrase at the beginning of the Hunger Games in the science fiction dystopian film series based on The Hunger Games trilogy of novels. It was essentially a token “good luck” knowing that all but one of the 24 contestants were about to be killed….
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The Georgia Bulldawgs football team extended our holiday celebrations past New Year by earning a spot in the National Championship game in Los Angeles. We watched the game from the HD section in our living room and the victory was sweet. Our routines are just now getting back to a more normal rhythm. So finally,…
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Grading my 2022 real estate predictions – How did I do in my “Sally English 2022 Real Estate Predictions”? 1. Mortgage rates are going up. The Fed will likely respond to inflation by raising interest rates. Mortgage rates will respond immediately. I nailed this prediction. Mortgage interest rates jumped a LOT higher than I thought…
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Shania Twain got it right when talking about the men in her life. Oh-oh, you think you’re special Oh-oh, you think you’re something else Okay, so you’re Brad Pitt [Chorus] That don’t impress me much (Oh, oh, uuh) So you got the looks, but have you got the touch? Now, don’t get me wrong—yeah, I…
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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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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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“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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