According to recent data from Redfin, Atlanta Metro’s median monthly rent is currently $2,095. That’s $392 higher than the current median mortgage payment in Atlanta, which is $1,703 (*includes 5% down payment). Redfin’s Chief Economist, Daryl Fairweather, states, “Those who choose to rent may save money in expensive housing markets in the near term, but …
Buying A Home Is Still Cheaper Than Renting In Metro Atlanta Read More »
According to the recent Home Price Index Report by CoreLogic, home prices have increased nationally by 6.7% year-over-year. During that same period, interest rates have stayed at near historic lows. This has allowed many buyers to enter the marketplace. If you are selling your home, your concern is likely to be the short-term price (which …
Purchasing a home can be one of the most rewarding and meaningful transactions folks will ever be a part of. Outside of the obvious reasons for owing a home (shelter from the elements, more space for a growing family, shortened commute to work/school/family, etc.) using your home for its investment aspects is especially attractive given …
The most recent recession affected each person and each family differently. Due to unfortunate circumstances beyond their control, many people lost their home. From 2009 – 2011 over 50% of all residential homes sales were attributed to either short sales or foreclosures. Fortunately, times have begun taking a turn for the better- Individuals, families, and …
Boomerang Buyers – The Next Homebuying Explosion Read More »
Spring is upon us so you might be thinking about selling your house again. In Atlanta, we finally had the first year-over-year increase in five long years. How much values increased (if they did at all) in your neighborhood depends on your specific area of Atlanta, but most of us experienced a pop in value. …
Most people buy homes for very emotional reasons. But how do you know if it is time for you to purchase? Most people who rent can actually afford to buy their own home. So what is stopping them? A lot of people believe that owning a home in requires a big down payment, which is …
