7% mortgage rates are back following credit downgrade — But Here’s Why It Shouldn’t Stop You
We’ve seen headlines lately that might make buyers feel hesitant: mortgage rates are back above 7%, following the U.S. credit downgrade by Moody’s on May 16. Naturally, that kind of news can make people nervous, especially those on the fence about buying a home or selling and moving up. But let’s ta
Metro Atlanta Housing Supply Hits Decade High — What It Means for Buyers and Sellers
If you’ve been keeping an eye on the Atlanta housing market, you may have noticed a shift that hasn’t happened in over a decade. According to recent data from the First Multiple Listing Service (FMLS), metro Atlanta reached 4.2 months of housing inventory in April — the highest it’s been since 2014.
Is Waiting for 3% Mortgage Rates the Right Move? Here’s What I’ve Been Seeing
Lately, I’ve had more and more conversations with renters and first-time buyers who tell me the same thing: “I’m just going to wait until mortgage rates go back down, maybe around 3%, before I think about buying.” That’s a totally valid concern. In fact, a new report from BMO backs this up, showing
Affordable Townhomes Coming to Carey Park — Here’s Why You Should Pay Attention
Exciting things are happening on Atlanta’s Westside. A local investment firm, LWH Carey Park LLC (an affiliate of Longline Management), is making major moves in the Carey Park neighborhood. The company recently filed a permit to develop a new 50-unit affordable townhome community called The Collecti
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