Buying and selling residential homes

1. BLOG
Buying and Selling Residential Homes:
Current market Trends
For the last fewyears,real estate agencieshave
beenkeepingaclose watchon AtlantaGeorgia
real estate market.Thisisdue to the
transformationinpricingtrends forresidential
homes. Thismarketsegmenthasbeenona rise
since 2008. In the aftermathof a crisis,the Atlanta
markethas bounced back. Today,real estate gurus
expectthe Atlantamarkettogrow at around7% in
2016. Single familyhome buyersandsellersneed
to lookoutfor the followingin2016:
Atlanta Housing Market: An Outlook
Back in November2011, the residential home
marketwas at a decline. Home pricingindex wasshowingadecline of 6.3% inthe market. Home sellers
were feelingpressurewhile buyers were waiting. The situationchangeddrasticallyby 2013 as the real
estate marketwasshowingpositiveindicatorsforbuyersandsellersalike.
Predictions Buyers, Sellers and Renters for 2016
In 2016, the followingtrendsinreal estate of AtlantaMetroregionare likelytobe observed:
 Judgingbythe risingmarketactivityinrecentyears,sellingandbuyingactivitywill remainin
control.
 The balance will be maintainedwithanoccasional fluctuationthatwouldallow buyerstocall
the shot.However,thistrendwill notprevail andthe marketwill returntoitsongoing
sentiment.
 Since residential homes are indemand,there maybe temporaryprice bysummer,givingsellers
a temporaryupperhand.
 Bargainseekerswill continue to sledgeasusual withseldomsuccess.
 Due to stable prices andsteady interestrates,rentersare likelytolooktobuya house insteadof
renting.
Basingon these projections,the AtlantaMetroregionwilllikelywitnessincreasedbuying/selling
activity. Keepinmindthatinterestrate setbyFederal Reservefor2016 will notplaya crucial role as the
steadyrate will notincrease marketprices ormortgage ratesfor buyers.itisa winwinsituationfor
buyersandrenterslookingtobuya residential home inthe reigon.

2. BLOG