Who's Buying Homes in Atlanta?

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When you sell your home, it's important to know who might be buying. If you have an audience that you know will be interested in your home, it's much easier to market your property to them.

I've done some research and come up with some statistics on who's buying homes in North Atlanta.

• 34% of our buyers are Millennials (age 34 and younger). This is creating a move-up market because they are buying starter homes, and then the sellers are moving up into larger homes.

• 27% of our buyers are 35-49 years old.

• 31% of our market are the Baby Boomers, who are 50-68 years old.

• Only 10% of our market consists of buyers that are 69 or older.

What does this mean for you? It means that you have a good chance to move up into a better home because of the push from Millennial buyers.With interest rates as low as they are right now, this is a phenomenal time to move up into a nicer, better home.

If you need help buying or selling in North Atlanta, please don't hesitate to contact me!

Is the Atlanta Market Slowing Down?

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One question we've been getting lately is whether or not our market is slowing down. We are here today to answer just that.

I recently attended a seminar where they told us that yes, the market is slowing down on a national level. What does this mean? Well, there are more homes for sale than there have been, homes are taking a little longer to sell than they usually do, and home prices are being affected as well.  

The thing is, the nationwide stats don’t mean a whole lot to us in Atlanta. What we want to know is the stats for the Atlanta market, and from what we’ve seen, we aren’t seeing that slow down quite yet.

Right now, we have 4,000 more listings than we did at the same time last year. We have also sold 8% more homes this year than last. As for prices, they aren’t flattening or slowing down, but remain at a steady, healthy appreciation level.

Selling real estate has always been and will continue to be a price and beauty contest. If your home has been on the market for 30 days or more or you’ve had more than 12 showings, know that you need to look at your price carefully to see if you are still in-line with the market.

If you have any specific questions for us, feel free to give us a call or send us an email. We can’t wait to hear from you!