This June, that number was up ๐ to 65%. This means more people are buying less expensive newly built homes ๐ right now while affordability remains a challenge.
๐ก๐ Locked it in! ๐
My clients are under contract for their Gainesville property, multiple offers โ no problem! ๐ Ready to make your real estate goals a reality?
Reach out at (470) 529-8070. Let's chat! ๐ผ๐
#dansloanga#undercontract#atlantarealtor#homebuyers
An online real estate database reported the value of all U.S. real estate hit an all-time high๐of $46.8 trillion in June. Baby boomers dominate other generations, holding $18 trillion of that housing wealth. #dansloanga#marketupdate#atlantarealtor#homeownership#homebuyers
๐ฅ๐ฅ๐ฅ NATIONAL MARKET UPDATE ๐ฅ๐ฅ๐ฅ
Following the June decline ๐, Housing Starts shot back up ๐ 3.9% in July โ 5.9% higher than a year ago. Plus, single - family starts gained ๐ 6.7% for the month โ 9.5% year-over-year โ good news about these much-needed units .
July Building Permits only eked out a 0.1% gain over June, but builders ๐ already have their hands full, with a near record number of projects in the pipeline ๐คฏ. But they remain cautious, their confidence index slipping in August.
If youโre worried about a potential flood ๐ of foreclosures, know thereโs nothing in the data today to suggest thatโll happen. In fact, qualified buyers are making their mortgage payments at a very high rate. #dansloanga#realestate#foreclosure#atlantarealtor#homeownership
Donโt Expect a Flood ๐ of Foreclosures
There Arenโt Many Homeowners ๐ Who Are Seriously Behind on Their Mortgage Payments
Since lending standards have tightened, leading to more qualified buyers who can afford to make their mortgage payments.
And data ๐ from Freddie Mac and Fannie Mae shows the number of homeowners ๐ก who are seriously behind on their mortgage payments is declining ๐ (see graph below).
๐ Discover the Atlanta real estate market: home buying trends, mortgage rates, and more! ๐๐ฐ Stay informed and make smarter decisions in Atlanta's thriving market. Click to watch the video now! ๐ฅ๐ #dansloanga#AtlantaRealEstate#HomeBuying
Discover the captivating trends that unfolded in Cherokee County over the past 5 weeks with our exclusive infographic ๐ below, showcasing the dynamic WEEKLY market activity.
๐ Harness the Power of Data: Understanding how to leverage this invaluable data can provide you with a competitive edge when selling your own home. Gain valuable insights and sell your property on favorable terms by contacting me today for exclusive information.
For those seeking the utmost in professional representation, expert consultation, and strategic planning for the sale or purchase of real estate, do not hesitate to contact me.
https://t.co/oJTY1arm1i
#dansloanga#justlisted#alpharetta#homeforsale#atlantarealtor
๐ฅ JUST LISTED ๐ฅ
My new listing in Alpharetta is ready for showings!
We are going to start with an Open House ๐ on March 25 and 26 @ 2 pm - 4 pm and you are all invited!!!
This impeccably maintained end unit features:
๐น And too many other upgrades to list here (available upon request)
Visit a link below for more pictures and information.
Additionally, virtual 3D tour can be accessed via the following link:
https://t.co/2bS1aiBOBW