Atlanta Housing Market Update

Описание: 🏡August Atlanta Market Update: What You Need to Know This September🏡

Let’s break down the latest trends that could make a big difference—whether you're buying, selling, or just watching the market:

1. Mortgage Rates Are Gradually Trending Lower
The average U.S. 30-year fixed mortgage rate has slipped to around 6.53%, marking its lowest level since October 2024

According to Mortgage News Daily, the 30-year rate has dropped from about 6.58% to 6.29% over the past 30 days, signifying a positive downward stretch.

2. Why It Matters to Buyers—and SellersThis softening in borrowing costs means lower monthly payments, refreshed purchasing power, and—potentially—a more active market ahead. Housing economists are already seeing a rebound in refinancing demand.

3. Atlanta Home Values & Market Conditions
The median home values in Atlanta through August is around $397,000, reflecting an 8.6% decline from August 2024.

Homes are taking longer to sell—on average 48 days to pending status.

Why This Update Matters for You:

For BuyersLower mortgage rates + softer home prices = more buying power and opportunity.

For SellersWhile the market is cooling, strategic pricing and staging can still drive strong results.

For EveryoneA more balanced market is taking shape–great for negotiation and smart planning.

What’s Next?
Keep an eye on mortgage rate trends—especially if rates dip further into the mid-low 6% range. That could spark increased buying activity. For sellers, now might be the time to refine your strategy with professional staging and competitive pricing.

Want a breakdown specific to your neighborhood? Or insight on how this impacts your refinance options? Drop a comment or DM me—I'm here to help.

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👩🏻 Grace Austin REALTOR®
GA RE Lic 420521
☎️ 678-873-8517
💌[email protected]
💻abovethecallhomeservices.com
🪧 Southern Classic Realtors
☎️ Office: 678-635-8877