What’s Ahead for Real Estate in 2014

Where does the time go? I can hardly believe that it is already the end of the first full week of January 2014. We have hit the ground running. However, new challenges await us this year. First and foremost, we have buyers looking for new homes and they are having a difficult time finding what they want. There is a shortage of inventory in several price points in our area of North Atlanta. So….if you have been thinking about selling in the spring now might be the best time to call us.     

There were two big developments in the 2013 housing market……Increased Home Prices and Increased Interest Rates. 

In 2014, we are going to see much of the same…prices will increase, although probably not at the same rate as they did in 2014, and interest rates will continue to go up.  

However, unlike in 2013, we think interest rates are going to play a bigger role this year in the overall market. As rates increase they will have a more dramatic impact on the overall affordability of a house for buyers and potential value of a property for sellers. The higher the interest rate the less a buyer can afford to borrow….and the less you may get for your house. 

Again, if you are considering buying or selling this year, there may be some significant advantages to making the decision sooner than later. To talk about local market trends, your real estate goals, and how we may be able to assist you, please call me at 678-907-9155. 

Time for a new “pad”?

CLICK HERE to find your perfect “pad” in North Atlanta!

Made Easy…Finding North Atlanta “Short Sales” for Sale

We’ve just added a new section to our website to make it MUCH easier for BUYERS to seek out / find “Short Sale” properties as well as for SELLERS to promote the sale of their property on our website.  Short Sale properties are described on our website for Seller’s who might need to sell their home, but find themselves in a difficult position to sell because their home’s resale value will be less than what they owe on their mortgage.  This is called a “Short Sale”.  IF YOU ARE A SELLER OR POTENTIAL SELLER, you will want to read more information about “Short Sales”, click on the link below:
Click here to learn more information about Short Sales.

IF YOU ARE A BUYER, seeking out a bargain via finding a “Short Sale” you’ll LOVE this new section we added to our website.  It is specific for North Atlanta and allows you to specifically search for ONLY Short Sale properties specifically in Atlanta, Alpharetta, Cumming, Johns Creek, Milton, Roswell, Duluth, and Suwanee.  To search for “Short Sales’ in these communities you can either click on the “SHORT SALE Search” button in the left side navigation, or click on “SHORT SALE Search” in the text link at the bottom of all of our web pages OR click on this link to begin your Short Sale search:

Click here to conduct a quick search of Short Sale North Atlanta homes.

The Diane Kelly Team with Keller Williams Realty of North Atlanta has closed numerous “Short Sale” transactions for both our Buyer clients AND Seller clients.  If a “Short Sale” is the direction you are heading, you will not find a more experienced team of realtors to help you Sell your home or purchase your new dream home.  Call us today to get started at 678-907-9155!