Atlanta’s real estate market is slowing, but prices are still sky-high: Here’s the climate for buyers and sellers
After a two-year pandemic boom that saw metro Atlanta homebuyers tripping over themselves to line the pockets of sellers, rising interest rates are finally pumping the brakes on the frenzy—more than a typical end-of-summer slowdown. As the market cools off but rates rise, what does a slower climate mean for you if you’re looking to buy or sell?
In the current Atlanta real estate market, the idea of paying list price, taking two weeks for a due diligence period, or even having a night or two to sleep on one of the biggest financial decisions of your life now seems quaint. It's even harder for first-time buyers.
Jenny Doyle is with Atlanta Fine Homes Sotheby’s International Realty North Atlanta office and was previously recognized as their number one individual agent. Jenny has been in the top 1 percent of agents in Atlanta for more than 20 years and has sold over $275 million in real estate.
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