Our market is a great climate for buyers and sellers at the moment.
Can buyers and sellers take advantage of our current market? Before I answer that question, I want to thank you for supporting our buyer and investor workshops, and for supporting Curtin Team Cares. We’re proud of the community we’re building, and we appreciate you being a part of it.
As far as our market goes, home sales in the U.S. rose 7.9% in January—the fastest pace we’ve seen since the Great Recession. The national employment rate and GDP are also up, which is a good sign. Additionally, the annual mortgage rate is hovering around 3.9%. The historical average is around 6.5%, so if your mortgage rate is 4% or higher, I recommend refinancing your house now. In general, it’s a fantastic climate for buying and selling.
Home sales in the U.S. rose 7.9% in January—the fastest pace we’ve seen since the Great Recession.
Here are a few hot spots of note in our local marketplace:
- Sandy Springs (below $1 million)
- Alpharetta/Milton (below $1 million)
- Roswell/Johns Creek/Cumming (below $750,000)
- Woodstock/Canton (below $500,000)
Now for a public service announcement: Did you know that when searching for properties on Zillow, Relator.com, and Redfin, your data is being sold to the highest bidding Realtor? If you click on a property on these sites, the agent representing it probably hasn’t even seen it yet. Also, there are a ton of companies using this data to target you with ads.
This is why I invite you to shop for homes, research neighborhood statistics, and look up home valuations privately through our new app that we’ll be launching soon. Stay tuned for the official release date!
In the meantime, if you have questions about our market or are thinking of buying or selling, feel free to reach out to me. I’d love to help you.