June 5, 2023 What is the Opportunity? From Your Friends at Northwest Atlanta Properties We’ve been in the real estate business since 1980 and have been through at least 6 major shifts in the residential real estate market since that time. This is not a major shift in our market. Supply is very low. As of this writing in the 12 zip codes, we do most of our business in there at 374 homes for sale under $500,000 with a population of over 500,000. Demand is high. If interest rates were … [Read more...]
Oops! Home Prices Didn’t Crash After All
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the housing prices are accelerating on the downside.” Mark Zandi, Chief Economist at Moody’s Analytics: "Buckle in. Assuming rates remain near their current 6.5% and the economy skirts recession, then … [Read more...]
Reasons To Own Your Home
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