This is the 5 video that I tried to watch from you. But the background music keep distracting me from the information you are passing. It’s a bit disappointing.
Here's my prediction on the Atlanta housing market for 2023. - Atlanta, being a major corporate hub in the southeastern United States, makes corporate employees susceptible to the national economy. IF the U.S. has a mild to moderate recession, like so many economists are predicting, many people who work for large corporations in the Atlanta area, COULD be subject to layoffs. Let's hope that doesn't happen, but if it does, that COULD create a small glut of housing on the market, which combined with the higher interest rates, and fewer buyers, COULD mean that some homes take a small hit in pricing. I am NO expert on Atlanta, and in fact I'm not even a resident of Georgia, but I had relatives who lived in the Dunwoody/ Sandy Springs area, and raised a family there since the 1960's. They recently moved out of Atlanta for a number of reasons I won't mention here. -- I visited them often, and many times considered moving to Atlanta to boost my career. -- As I reach retirement age, I am looking at Atlanta again, as a possible place to retire. In my opinion, the BEST places to live near Atlanta, would be Cobb, Cherokee, Forsyth and some areas of Gwinnett counties.
Thank you for watching and for your insight. While a mild to moderate recession would have an impact for sure, one thing to take into account is that majority of sellers have incredible equity in their home so even in a scenario where layoffs would force them to sell because they could not afford the mortgage, the impact would be more inventory for buyers as many could sell and still walk away with a profit. Definitely a lot of moving pieces! I appreciate your insight and comments. Those areas would be great for retirement and I would love the opportunity to help you!
I'm interested to see what happens to all the homes held by investors who saw their value decline as a result of price correction from the fed raising rates. Especially all the homes purchased by Opendoor, could be some opportunities.
The OpenDoor homes have been on the market forever. It will be interesting to see what happens. They drop prices so slowly, it's painful. We have seen them become better at negotiating, especially when it comes to repairs!
Hi, Sarah! I love your videos. I have watched so many of them for the past year. I’m watching from Seattle, WA And I was wondering if on your next video you could talk a bit more about Decatur. I’m particularly interested in learning more about the differences between actual Decatur and unincorporated communities that have a Decatur address. Because I’ve seen so many nice affordable homes in zip codes like 30032 and 30034 but I’m not sure if it’s still a good area, because it seems to be in an incorporated part of Decatur. Thank you in advance, Sarah!
Thanks for watching and commenting. Yes, I can definitely address this and will talk about this during tomorrow's live stream. Thanks for the great question!
Yeah I have to go it’s been up to 300 grand in order to buy a house I would just rather have one built and be done with it at least I know what I got. Quite frankly I am sick of this crap
Good question and thanks for watching! Unfortunately there are very very few bank owned homes on the market. In fact, of the five big counties that we cover, there are currently on 12 bank owned homes on the market. I will definitely show some of these on the next livestream and explain some more around this process.
I like a house right now, we asked out agent to put an offer that benefits us…..but I think she is keep a big commission between. How can I tell, should I wait? Or go for it?
I understand how you may feel this way and I would like to explain and give a different perspective. Real estate commissions are negotiated between the selling agent and the seller. The commission is then shared with the buyers agent and the commission offered varies. I understand that you may perceive this to be a big payday for real estate agents but know that agents typically only keep far less than that which is actually paid. There are brokerage fees, taxes, MLS fees, etc. that are taken out of that commission. A great buyers agent is worth every penny of what that seller is paying. Not to mention that agent provides a great service to you throughout the process and protects what is likely most family's largest financial investment. How would you feel if a customer at your job asked for some of your paycheck--the job you work to provide for your family, pay your bills, etc? What other industry would we consider doing this in? The agent that is representing you is going to do far more work to get this home to the closing table outside of show a house and write an offer. Hope that helps!
