What’s Going On In Our Marketplace?

Atlanta Real Estate Podcast with Melida Potts of Potts Realty

Today I’ll address what’s happening in our market currently and what that means for home sellers.

The big question I’ve been hearing is, “What is the outlook for our market? What going to happen in 2019?” Here are some of my thoughts about the market for you to consider:

1. Interest rates are still amazingly low. When I bought my houses, interest rates were at 12.75%, which really puts into perspective how great our current 5% rate actually is. Compared to last year, however, rates are a whole point higher.

2. Houses are more expensive. Not only have interest rates risen, but home prices have gone up, as well. This is good news for sellers, but less so for buyers.
So what does the combination of these two factors mean to you as a seller? It means that if you price your property correctly according to the market and allow a good agent (like myself) to give it the proper exposure, it’s going to sell for top dollar.
If you have any questions or would like more information about how I can help you sell your home for as much as possible, please reach out to me. I would love to hear from you.