Tuesday, April 12, 2022 / by Laura Miller Edwards Realty Group
Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.
Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell.
Don’t miss out on this unique opportunity. Let’s connect so you can take advantage of this hot sellers’ market.
This blog post previously appeared on https://www.simplifyingthemarket.com/en/2022/04/01/its-still-a-sellers-market-infographic/?a=106260-312309902871c1f0d820820f58bf8fde. The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. and the Laura Miller Edwards Realty Group do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be cons ...
Tuesday, April 5, 2022 / by Laura Miller Edwards Realty Group
The Georgia craft beverage scene is thriving. From neighborhood breweries to wineries nestled in the hills, city cideries to experimental distilleries, you are sure to find the drink and vibe that suits you.
We’ve put together a list of breweries, cideries, distilleries and wineries in northwest Georgia. This list is focused on the areas we serve through our real estate business – northwest Atlanta and the northwest Georgia mountains. We hope it inspires you to get out into the community we love and spend some time on a patio sipping something new.
ASW Distillery (The Battery Atlanta)
Atlanta Hard Cider
Big Door Vineyards
Broken Anchor Winery
Bucking Goat Brewing Company
Burnt Hickory Brewery
Drowned Valley Brewing Company
Dry County Brewing Company
Glover Park Brewery
Green Line Brewery
Horned Owl Brewing
Tuesday, March 29, 2022 / by Laura Miller Edwards Realty Group
As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — the housing market seems to be relatively immune.
Here’s a look at what experts say you can expect this spring.
1. Mortgage Rates Will Climb
Freddie Mac reports the 30-year fixed mortgage rate has increased by more than a full point in the past six months. And despite some mild fluctuation in recent weeks, experts believe rates will continue to edge up over the next 90 days. As Freddie Mac says:
“The Federal Reserve raising short-term rates and signaling further increases means mortgage rates should continue to rise over the course of the year.”
If you’re a ...
Tuesday, March 22, 2022 / by Laura Miller Edwards Realty Group
If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain is great news for you.
Here’s how it happened. Home values are on the rise thanks to low housing supply and high buyer demand. Basically, there aren’t enough homes available to meet this high buyer interest, so bidding wars are driving home prices up. When you own a home, the rising prices mean your home is worth more in today’s market. And as home values climb, your equity does too. As Dr. Frank Nothaft, Chief Economist at CoreLogic, explains:
“Home prices rose 18% during 2021 in the CoreLogic Home Price Index, the largest annual gain recorded in its 45-year history, generating a big increase in h ...
Tuesday, March 15, 2022 / by Laura Miller Edwards Realty Group
If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since May of 2019. But that climb has dropped slightly over the past few weeks (see graph below):
The recent decline in mortgage rates is primarily due to growing uncertainty around geopolitical tensions surrounding Russia and Ukraine. But experts say it’s to be expected.
Here’s a look at how industry leaders are explaining the impact global uncertainty has on mortgage rates:
Odeta Kushi, Deputy Chief Economist at First American, says:
“While mortgage rates trended upward in 2022, one unintended side effect of global uncertainty is that it often results in downward pressure on mortgage rates.&rdq ...