Home Prices = Supply & Demand
I find myself constantly having the conversation about rising home prices. We are seeing a huge uptick here in the Northeast Georgia area. I ran across this article which I wanted to share because it explains it all so simply. Supply and Demand. House Prices: Simply a Matter [...]
Shifting Goals for Millennial Borrowers
In Northeast Georgia we are stricken with a terrible shortage of affordable inventory. Affordable being the key word. Working with Millennial Buyer's we see a huge shift in what they are looking for. We are seeing these buyer's taking Condo's and Townhomes into consideration more than in the [...]
Non-Qualified Mortgage Products
Today's market brings many different mortgage products. I am seeing more information on Non-Qualified mortgage products coming back into play. These are supposedly not the subprime products of the past. I will agree that there have been some overly-stringent credit requirements over the past few years, but I [...]
Home Prices vs. Home Sales
I have spoken to many colleagues here in North Georgia. We are all having this debate. Home prices are up, home sales remain steady. Lack of inventory is not helping anyone but the homeowners who are taking advantage of the current market. Homes that are priced competitively go under contract within [...]
Renting vs. Buying in the Atlanta area
In the Atlanta area rents seem to be rising at close to the same rate with the home price increases. With home prices rising 6.6 percent year-over-year, it seems that renting would be the way to go, especially for residents of high-priced cities on the West Coast and [...]
How to Save on a Mortgage Payment to Buy vs. Renting
In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest [...]