Atlanta,Decatur Real Estate Market Conditions
Wow what an interesting year it has been. We are once again so grateful to all of our amazing clients that we have been able to work with this year. As the seasons change, so does the real estate market. It continues to be the best time to be a buyer, with lots of inventory, motivated sellers and low interest rates, we continue to work with buyers that are taking advantage of this historic time to buy a home.
What I'm seeing in the marketplace is that prices are dropping, both in single family homes and condos, until they reach a point where the opportunity is just to good, then they are getting multiple offers and the prices are heading back up or at least stabilizing. I am very optimistic about the real restate market for both buyers and sellers. We continue to hold our real estate investments and help our clients find what works for them.
The latest investment strategy trend that I have seen, which makes sense in this market, is to buy single family homes, clean them up, rent them out for positive montly cash flow and hold them long term. This tried and true method of RE investing has always worked and is the best course of action in today's marketplace.
First time home buyers are also taking advantage of this market. Being able to find reasonably priced homes that fit their needs and they are able to get into them with a number of programs that are available. Helping first time home buyers through the process of searching, financing, negotiating, inspecting and closing on their new home is a very satisfying experience.
Let me know if we can help with any of your Real Estate needs or if you have any questions and would like free, no obligation answers from experienced and creative agents that understand and embrace today's market.
Stephen