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Updated about 2 years ago on .
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"Why is NOW the best time to look for your next real estate opportunity?"
Hey Atlanta, I decided to share some information that was provided to me by "Anna K". I thought this might be helpful to buyers who just don't know what to think or do in this current market. Please read and invest at your own discretion, however, feel free to reach out for my take on the market.
"Interest rates are still higher than they were this time last year which has helped slow inflation. This is just the new normal for now so WHY WAIT to build wealth or compromise on your housing needs? There are no guarantees that interest rates will go down. Real estate, however, has ALWAYS appreciated as a LONG TERM investment.
Low inventory tells us that we are still in a seller's market but Atlanta has seen more buyer concessions than the national average as of late. With fewer homes on the market and less buyers in the market, both buyers and sellers are experiencing what we would consider a very normal buying & selling process. Exciting times for both parties! 13% fewer homes came to market in 2022 vs 2021 which has helped keep prices high with an increase of 11% compared to 2021." - Anna K