{"id":327,"date":"2014-06-09T16:46:00","date_gmt":"2014-06-09T16:46:00","guid":{"rendered":"http:\/\/dev.gahomesdigest.com\/blog\/atlanta-market-conditions.html"},"modified":"2014-06-09T16:46:00","modified_gmt":"2014-06-09T16:46:00","slug":"atlanta-market-conditions","status":"publish","type":"post","link":"https:\/\/search4.homes\/atlanta-market-conditions\/","title":{"rendered":"Atlanta Market Conditions"},"content":{"rendered":"<p>It&#8217;s time for our metro Atlanta Market Conditions report and it&#8217;s a doosy! \u00a0We&#8217;ve got all kinds of news good and bad depending on where you are in the process of real estate. <object width=\"590\" height=\"332\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"https:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"src\" value=\"https:\/\/www.youtube.com\/v\/IaJkkie5uZY?version=3&amp;hl=en_US&amp;rel=0\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed width=\"590\" height=\"332\" type=\"application\/x-shockwave-flash\" src=\"https:\/\/www.youtube.com\/v\/IaJkkie5uZY?version=3&amp;hl=en_US&amp;rel=0\" allowFullScreen=\"true\" allowscriptaccess=\"always\" allowfullscreen=\"true\" \/><\/object><\/p>\n<h3>Atlanta&#8217;s Low Housing Inventory<\/h3>\n<p>First up, the most obvious thing is that inventory is low. \u00a0This effects the Atlanta market conditions by pushing the prices up on the more affordable homes. \u00a0At this point any home buyer under $150,000 should consider going over list price and making an offer very quickly as well as moving within the first 24 hours of a home being listed. \u00a0Even then we cannot guarantee that you could get a home. \u00a0 In fact, you might have to consider putting out mutliple offers and back up offers on homes. \u00a0Right now in our market if you see your dream home, you have to act with everything you have or you more then likely will lose it. On the higher price points we&#8217;re seeing the decrease in days on market all the way to the Atlanta luxury home market.<\/p>\n<h3>Atlanta&#8217;s Investor Demand<\/h3>\n<p>Investors are the primary group that is buying so much real estate that it is causing prices to rise. \u00a0The increase isn&#8217;t as much as the news report. \u00a0That 20% you might have heard is a result of $40,000 homes selling for $50,000 now or $60,000 in many cases. \u00a0This huge increase at the bottom has everyone wowing over the numbers and they are good but not as good as reported. \u00a0The bottom line is that investors are buying these and paying over appraisal which is causing home buyers to increase their price point. The GOOD news to the GA Home Seller is that this is creating higher comparable sold homes as well as more equity.<\/p>\n<h3>Atlanta Home Prices Are Increasing<\/h3>\n<p>In the Mill Creek area, we&#8217;re seeing an increase of over $1,000 a week on sold home prices and it continues to climb. In short, the prices are still low enough to steal a home, but it&#8217;s rising, so its a great time to take advantage of the &#8220;wave&#8221; of the Atlanta market conditions. If you want to find out what&#8217;s going on in your zip code, you can sign up for our <a href=\"https:\/\/www.dreamhomesinlawrenceville.com\/mimarket\/\" target=\"_blank\" rel=\"noopener\">Market Insider<\/a>.<\/p>\n<p><strong>Related Real Estate Resources:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/whatismyatlantahomevalue.com\/\" target=\"_blank\" rel=\"noopener\">Atlanta Home Value<\/a><\/li>\n<li><a href=\"https:\/\/lawrencevillehomesforsale.com\/\" target=\"_blank\" rel=\"noopener\">Homes For Sale In Lawrenceville GA<\/a><\/li>\n<li><a href=\"https:\/\/search4.homes\/top-cities-to-raise-a-family-in-georgia\/\">Top Cities For Raising Young Families in Georgia<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s time for our metro Atlanta Market Conditions report and it&#8217;s a doosy! \u00a0We&#8217;ve got all kinds of news good and bad depending on where you are in the process of real estate. Atlanta&#8217;s Low Housing Inventory First up, the most obvious thing is that inventory is low. \u00a0This effects the Atlanta market conditions by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[35],"_links":{"self":[{"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/posts\/327"}],"collection":[{"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/comments?post=327"}],"version-history":[{"count":0,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/posts\/327\/revisions"}],"wp:attachment":[{"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/media?parent=327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/categories?post=327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/search4.homes\/wp-json\/wp\/v2\/tags?post=327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}