A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment assistance programs available that can help you achieve your homeownership goals. The key is understanding where to look and learning what options are available. Here’s some information that can … [Read more...]
The Average Homeowner Gained $64K in Equity over the Past Year
If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s how it works. Because there’s an ongoing imbalance between the number of homes available for sale and the number of buyers looking to make a purchase, home prices are on the rise. That means your home is worth … [Read more...]
Why the Growing Number of Homes for Sale Is Good for Your Move Up
Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move up this summer. According to the latest data from realtor.com, the number of homes being listed for sale, known as new listings, has increased consistently this year (see graph below): While … [Read more...]
May 17th, 2021 Newsletter
Here is our May 17th, 2021 Email Update about Real Estate in Northwest Atlanta; In April we had an investor from the West Coast call us and say they had a $400,000 condominium under contract and they were looking to 1031 Exchange into a property here or in Tennessee. I am not an expert in Tennessee, but they were really impressed with what we have to offer here in Northwest Atlanta. The condo was owned free and clear and had been inherited and cash flowed between $741 a month after property … [Read more...]
September Real Estate Updates
Here is our September 14th, 2020 Email Update about Real Estate in Northwest Atlanta (primarily Woodstock, Canton, Roswell, Acworth, Alpharetta and parts of Marietta.) We hope you and your families are healthy and well in these unusual times. Covid 19 and Politics Still Dominate the News. Schools and Covid remain daily news items. Cobb County announced Schools reopening for in person learning October Fifth one day and cancels football games the next. Cherokee County which allowed in person … [Read more...]
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