Atlanta real estate market 2024 - Summer Update
ฝัง
- เผยแพร่เมื่อ 13 ก.ย. 2024
- Wondering what has been happening in the Atlanta real estate market 2024 for the Summertime? I'll go over some stats to describe what the market has been like but the short story is that there is much more inventory on the market and it is sitting longer...it is starting to feel somewhat like a buyer's market depending on the neighborhood you are looking in. The Atlanta condo market has become more of a buyer's market. If you are looking for a deal, the Atlanta condo market is your best bet.
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**Most stats and data mentioned came from the following sites and are not based on our opinions:
Best Schools: www.schooldigg...
More About Atlanta: en.wikipedia.o...
Neighborhood data: www.niche.com
*All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording*
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Molly Slesnick is a licensed Atlanta, Georgia Real Estate Agent | Georgia Real Estate License: 356796
Brokered by eXp Realty LLC
Equal Housing Opportunity
Contact Info:
Call/Text Direct at 404-989-4537
Email: molly@mollyslesnick.com
Zoom (let's talk "in person"): bit.ly/3vRUBzw
Subscribe to the All About Living in Atlanta channel here: bit.ly/3vTgZso
Awesome video thank you ❤️
Appreciate you watching! Thank YOU!
Thanks for all the information. The quality of your videos is top notch. I regularly watch to know what's going on, so as to have a lot of context of the different areas and prices when I'm ready to (hopefully) buy someday.
Thank you for watching and the kind comments. Hope you can find a house sometime - I'm here if I can help in any way. :)
I was looking at homes last night on Zillow. Specifically the midtown neighborhood and Sandy Springs. I feel as if the market in those neighborhoods are a bit high. Couple that with higher interest rates and I think you have your answer. As for condos that’s a hard pass. Due to the HOA costs. You can get a good price on a condo. But the HOA costs are out of control.
Yes, I was just talking with someone this morning about the condos and I think the high interest rate coupled with high HOA fees is keeping many buyers away.
@@AllAboutLivingInAtlanta Spot on!
same thing with every market I have been looking at my partner and I are looking at properties in GA and NYC budget is up to 800k. In NYC could get a nice condo for that money but the HoA on average is 1k a month and is likely to grow over time. Houses are the bet but the inventory is wonky and over priced by 50-30 perent, now is probably one of the worst times to buy. A correction is due and buying right now would be buying at the top of the market with era high rates.
Prices are too high. It's crazy that builders would rather sit on completed homes over 12 months rather than lower to more affordable/realistic prices!
I’ve been trying to buy a house in Atlanta for two months now, i’ve bid over asking and still haven’t won a bid. anything move in ready goes quickly. Everything else sits on the market.
Yes, there are certainly pockets where multiple offers still exist. If it's move-in ready and desirable neighborhood/schools, I certainly still see bidding wars. I helped a buyer secure a home recently in a desirable school district and it's in an area that is still short on supply - multiple offers and we had to bid $50K over ask and throw in some really good other terms. Hang in there!
Thank you for the news.
You bet. Thx for watching!