Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its August 2023 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties.
The Atlanta REALTORS® Market Brief is designed to offer an overview of the Atlanta residential market by providing a synopsis of sales and home prices, and covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale. The numbers in the reports are updated each month to reflect any additional recordings from the previous month. Each month, the numbers reported for the previous month are updated to reflect additional recordings.
Demand: August residential sales were at 5,088, a decrease of 15.0% from the previous year.
Price: Average and median sales prices continue to outpace 2022’s figures, with positive gains. The median sales price in August was $425,000, an increase of 4.7% from last August. The average sales price was $515,000, up 6.7% from the previous year.
Supply: Atlanta area housing inventory totaled 10,607 units in August, a decrease of 16.5% from August 2022. New listings totaled 6,896, down 15.2% from August 2022 and up 0.4% from the previous month. The month’s supply over a 12-month period increased to 2.3 months.
Owning a home is an exciting milestone, but it also comes with its fair share of questions and uncertainties. From maintenance and repairs to insurance and budgeting, there’s a lot to consider. Today, we’re here to shed some light on the top five most common questions asked by homeowners and provide you with the answers you’ve been seeking. So, let’s dive right in!
1. How often should I have my HVAC system serviced?
2. What can I do to improve my home’s energy efficiency?
3. How often should I clean my gutters?
4. Should I DIY or hire a professional for home repairs?
5. How much should I budget for home maintenance and repairs?
Homeownership can sometimes feel like a never-ending journey of learning and decision-making. But fear not! By being proactive and seeking answers to your questions, you’re already one step ahead. We hope that our exploration of the top five most common questions asked by homeowners has shed some light on your own curiosities. Remember, knowledge is power, and it’s always wise to reach out to professionals or trusted resources when you’re in doubt. Happy homeownership!
Hey there, Roswell! Vincent Russo, REALTOR® from Keller Williams Realty Intown Atlanta here, bringing you the latest scoop on our local real estate market.
As of August 2023, we currently have a low inventory with just 1.3 months supply available. But fear not, as this means it’s a great time for sellers to make a move! Over the past year, the supply has seen a positive increase of 9.24%, giving us a healthy boost.
Did you know that homes in our area are selling like hotcakes? The list to sold price percentage stands at an impressive 101%, indicating that sellers are getting top dollar for their properties. So, if you’re thinking of selling, now is the perfect time to get the best return on your investment!
In terms of speed, the median days on the market is just 13 days. Yes, you read that right! Homes are flying off the shelves, making it an ideal market for buyers who are ready to make a move quickly.
Now, let’s talk numbers! The median sold price in our beloved Roswell is currently at a fabulous $620,000. This figure showcases the value and desirability of our community, attracting buyers who are willing to invest in their dream homes.
Whether you’re a buyer looking for your dream home or a seller looking to take advantage of our booming market, I’m here to guide you every step of the way! Don’t hesitate to reach out to me for personalized advice and assistance in navigating this exciting real estate landscape.
Let’s make your real estate dreams come true in Roswell, GA 30076!
Hey there, homeowners! As the summer heat slowly gives way to cool, crisp air, it’s time to give your home some TLC. Fall is the perfect season to prepare your humble abode for the upcoming winter months. So grab a pumpkin spice latte and let’s dive into these 5 tips for fall home maintenance. Your cozy nest will thank you later!
1. Clean Those Gutters:
Okay, I get it. Cleaning gutters might not sound like the most glamorous task, but trust me, it’s crucial. With falling leaves and debris, your gutters can get clogged, which can lead to water damage and potential leaks. So grab a ladder, some gloves, and get those gutters spick and span. If you’re not up for the task, why not hire a professional? It’s a small investment that can save you a ton of headaches down the road.
2. Check Your Heating System:
Now that the cooler days are approaching, it’s time to make sure your heating system is in tip-top shape. Nobody likes stepping into a chilly home when it’s freezing outside. So, give your HVAC system a once-over. Change the filters, clean the vents, and make sure everything is functioning properly. It’s a small price to pay for a cozy and warm home during those chilly fall evenings.
3. Seal Up the Cracks:
As the temperature drops, you don’t want any cold drafts sneaking into your cozy space. Inspect your windows and doors for any cracks or gaps that could let in the cold air. Weatherstripping and caulking are great solutions for sealing up those pesky openings. Trust me, your heating bills will thank you, and you’ll be able to enjoy your hot cocoa in peace!
4. Give Your Fireplace Some Love:
Ah, the crackling sound of a fireplace on a chilly fall evening. But before you light that first fire, it’s important to give your chimney a good cleaning. Creosote buildup can be a fire hazard, so it’s best to have a professional chimney sweep come by and do the job. Plus, they can also inspect the fireplace for any signs of damage or wear. Once it’s all sparkly clean, you can cozy up and enjoy the warmth!
5. Don’t Forget the Outdoors:
Fall home maintenance isn’t just about the inside; your outdoor space deserves some attention too! Trim back any overgrown branches near your home to avoid any potential damage during those windy fall storms. Also, drain and store your garden hoses to prevent them from freezing and bursting. And while you’re at it, make sure your outdoor lighting is in working order, so your home stays well-lit and safe when the sun goes down earlier.
There you have it, folks! These 5 tips for fall home maintenance will help you keep your nest cozy and safe throughout the upcoming season. Remember, maintaining your home doesn’t have to be a daunting task. With a little bit of effort and a touch of autumn inspiration, you can enjoy a comfortable and inviting space all year round. So grab your checklist, put on some cozy socks, and let’s get to work!
As the long, sunny days of summer start to give way to the crisp, cool air of fall, it’s time to bid farewell to pool parties and barbecues and prepare our homes for the upcoming season. Fall brings its own set of challenges, from falling leaves to colder temperatures. To help you transition smoothly, we’ve put together a list of end-of-summer maintenance tasks that will ensure your home is ready to embrace the cozy and colorful autumn months ahead.
1. Clean Those Gutters:
2. Check Your Roof:
3. Seal Gaps and Cracks:
4. Service Your Heating System:
5. Clean and Store Outdoor Furniture:
6. Prepare Your Garden:
While saying goodbye to summer can be bittersweet, taking the time to prepare your home for fall will help ensure a smooth transition into the new season. From cleaning gutters and inspecting your roof to sealing gaps and servicing your heating system, these maintenance tasks will help keep your home cozy, efficient, and ready for the colder months ahead. So roll up your sleeves, put on your favorite autumn playlist, and tackle these tasks with enthusiasm. Your home will thank you!
Hey there, homeowners! Are you feeling the heat of the real estate market? Well, you’re not alone! With rising prices and fierce competition, it’s vital to take proactive steps to prepare and protect your home investment. In this blog post, I’ll explore some practical tips that can help you navigate this challenging real estate landscape. So, let’s dive right in!
1. Enhance Curb Appeal to Attract Buyers:
First impressions count, especially in a hot market. Sprucing up your home’s exterior can significantly increase its appeal. Consider a fresh coat of paint, well-maintained landscaping, and eye-catching details like a welcoming front door. These simple improvements can make a substantial difference in attracting potential buyers and enticing higher offers.
2. Declutter and Stage Your Home:
In a competitive real estate market, decluttering and staging your home can be a game-changer. Take the opportunity to tidy up each room, removing personal items and excess furniture. By creating a clean and neutral canvas, potential buyers can more easily envision themselves living in your home. If you require professional help, consider hiring a reputable staging company to make your house shine. Which brings us to the next tip!
3. Consider Hiring a Professional Photographer
97% of all buyers use the internet in their home search. If you want to “WOW!” potential buyers, make sure you don’t miss this step! One study by the Wall Street Journal found that listings with professional photos got 61% more views than those without them. Angles, lighting, formatting, and HD! Capturing your property’s best features in a photo isn’t always as easy as you’d think and sometimes requires special equipment (like drones!) Professional real estate photographers know how to showcase unique features and leave a lasting impression on potential buyers ensuring your property stands out in the market! By using real estate photography, you can help improve the online visibility of your property.
4. Set a Realistic Price:
Pricing your home right is crucial in a high-price real estate market. While it may be tempting to aim for the stars (as some house prices may seem astronomical), an overpriced home can scare away potential buyers. Study the local market trends, consult with me, and we’ll go over recent sales data to help you determine a competitive and realistic listing price. Remember, a reasonable price can generate more interest and potentially lead to bidding wars, driving up the final sale price higher than you would have thought to list it for!
5. Insist on Pre-Qualified Buyers:
When the market is hot, you can expect a flood of interested buyers. However, not all buyers are created equal. To save time and protect your interests, insist on working with pre-qualified buyers. This means they have already gone through the initial stages of mortgage approval and are in a better position to close the deal. This ensures that you’re dealing with serious buyers who can follow through on their offers.
Preparing and protecting your home in a today’s estate market requires careful planning and strategic decision-making. By investing time and effort into curb appeal, decluttering, and staging, you can increase your chances of attracting the right buyers. Setting a realistic price, working with pre-qualified buyers, and engaging a knowledgeable real estate professional like myself will ensure you’re well-equipped to navigate the competitive landscape.
Remember, while the real estate market may feel high right now, these tips can also be useful in any market condition. So, whether you’re planning to sell your home now or later, implementing these suggestions will help you stay ahead of the game.
Have questions about this information? Reach out to me!
When it comes to creating an inviting home, many of us focus on the interior design and neglect the exterior. But hey, let’s not forget about the first thing people notice when they visit your house – the curb appeal! One simple yet effective way to enhance your curb appeal is by harnessing the power of plants. Not only do they add color and beauty to your surroundings, but they also bring life and freshness to your home. So, let’s dive into the world of plants and discover how they can help transform your home’s exterior!
1. Instant Pop of Color
Nothing catches the eye quite like a splash of vibrant colors. By strategically placing potted plants or flower beds along your entryway or walkway, you can instantly create a warm and welcoming atmosphere. From blooming annuals to perennial favorites, there are countless options to suit your personal taste and the style of your home. Plus, you can easily switch them up seasonally to keep your curb appeal looking fresh and exciting!
2. Natural Privacy
If you’re fortunate enough to have a front yard with some space, consider using plants to create a natural privacy screen. Tall, lush shrubs or climbing vines can act as a beautiful barrier, shielding your home from prying eyes and providing a cozy, secluded feel. Not only will this add to your curb appeal, but it will also enhance your overall sense of privacy and tranquility.
3. Welcoming Pathways
A well-designed pathway leading to your front door can make a significant impact on your curb appeal. By lining your walkway with plants, such as low-growing border plants or ornamental grasses, you create a visually appealing guide for visitors. Choose plants that are low-maintenance and suited for your climate, so you don’t have to spend hours on upkeep. The result? A stunning pathway that beckons guests towards your front door with open arms.
4. Vertical Gardening
Limited space? No problem! Vertical gardening is a fantastic solution that allows you to make the most of your available area. Hanging baskets, wall-mounted planters, or even a vertical garden wall can transform a mundane exterior into a living work of art. From cascading flowers to cascading foliage, your options are endless. Not only will this add charm to your home, but it will also create a sense of depth and dimension that is sure to impress passersby.
5. Environmental Benefits
Plants not only beautify your surroundings but also provide numerous environmental benefits. They help improve air quality by absorbing carbon dioxide and releasing oxygen, making your neighborhood a healthier place to live. Additionally, plants can help reduce noise pollution, acting as a natural sound barrier. So, not only do they look good, but they also contribute to a better environment!
By harnessing the power of plants, you can easily elevate your home’s curb appeal and make a lasting impression. Whether you opt for a burst of colorful flowers, a privacy screen of shrubs, or a lush vertical garden, plants offer an array of options to suit your style and needs. So, why settle for a boring and lackluster exterior when you can create a stunning and welcoming environment? Embrace the beauty of nature and let your plants work their magic – your curb appeal will thank you!
When it comes to home remodeling, maintenance, and repair, you can do the work yourself to save money, increase self-reliance, or learn new skills. While it may give you satisfaction to complete a project on your own, some tasks may require the skills of a professional handyman. When deciding whether to DIY or hire a handyman, consider the following important factors.
A permit may be required- Projects requiring specialized knowledge will often require a permit or licensing to complete, so they are best left to an expert handyman with the right credentials, training, and experience. Examples of specialties could be electrical, plumbing, or large appliance repair. However, for tasks such as painting, simple repair, or any other jobs that fit the homeowner’s skill level, work can be done by the homeowner to save on the costs of labor.
The scope of the job— Identify the process by writing down the steps you’ll need to accomplish, the time it will take, and the costs of materials and tools. Once you do, you can determine if this is a job you can handle on your own. If you don’t already have the tools, time, or expertise, it is worth the investment to
Safety— Doing the job yourself is not wise if there is a risk of injury. If making a mistake can lead to
Fixing up for resale— For home improvement, to sell your home, you will want a professional who can do the job flawlessly so that you can impress buyers. Examples of projects a professional should handle are hardwood floor installation, window replacement, electrical and plumbing work, and siding or shingle replacement.
Budget— Make some price comparisons between doing the job yourself and hiring a professional. It is not worth your time and effort if you only save a little by tackling it yourself. DIY is only a better option if you are willing to deal with your errors, have the skill set, and have the time. If not, it’s better to spend the extra money with the assurance the job will be done correctly. In addition, if you don’t have the
Your history with DIY projects— Recall your past experiences in completing your repair or renovation projects. If you remember making many costly mistakes because you lacked the skill and proper equipment, you should look for a local handyman to do the job right from the get-go this time.
Finding the Right Handyman— Take your time when researching to hire a professional. Your selection should be local, fit your scheduling needs, and be experienced in the areas you need work done. Get referrals from friends, family, or neighbors. When searching online, read multiple reviews. Shop around for at least three estimates, and once you make your choice, have a written contract drawn up for your guarantee.
We all want a home that functions well. We must decide whether to complete the task ourselves or hire a professional when repairs are needed. It can be an enjoyable learning experience to make our own improvements, yet there can be unexpected hardships, dangers, or delays that we are not prepared to deal with. If you lack the expertise, materials, and time required for your home improvement needs, hiring a handyman is the wisest choice.
There are many options for kitchen flooring. If you plan to install kitchen flooring but are still deciding
Hardwood flooring—Natural wood floors are popular for their earthiness and warmth. They come in many colors and are easy to update. However, wood is not waterproof and can stain easily if a spill is not mopped up quickly. In addition, wood flooring tends to be on the costly side. Luckily, you can add a water-resistant finish to minimize damage.
Vinyl flooring—Vinyl is affordable, resilient, waterproof, and easy to clean. You can choose from various styles and colors and purchase an engineered option that is easy to install. However, a disadvantage is that vinyl can be susceptible to dents from heavy appliances over time.
Cork flooring—Cork is made from tree bark, deeming it eco-friendly and sustainable. It’s one of the
Stone flooring—Like wood, stone is favored for its natural beauty and uniqueness. You can choose among a handful of natural earth-tone colors and types, such as marble, slate, and granite. It is largely non-slip due to its semi-porous surface but can be slippery after applying a sheen. Maintenance is high. You’ll have to seal it to protect it from scratches, stains, and discoloration every 2 to 4 years.
Concrete flooring—Concrete is trendy for higher-end architectural homes and is available in multiple colors. However, it is complex and costly to install. It is also prone to cracking and staining. Polished
Tile flooring—Tile has been a popular option for many years because it offers many customization options. Tile comes in various shapes, sizes, materials, and styles and allows multiple patterns. It is known to be durable and easy to clean. Some drawbacks, however, are that tiles must be regularly resealed to prevent staining due to the grout in-between, and tile flooring can be more expensive than other options. If you prefer tiling to other materials, consider choosing porcelain over ceramic since it is more durable, waterproof, and stain resistant.
Laminate flooring—Laminate is also popular because it is a less expensive alternative to hardwood flooring and has planks that can be easily attached. It is synthetic flooring that mimics hardwood; however, it is not waterproof unless you obtain a waterproof version. It’s important to consider both the advantages and disadvantages of the different kitchen flooring options as they pertain to your daily activity, design preference, and budget. Since the kitchen is one of a home’s most highly trafficked areas, your decision for the right flooring should not be based only on your favorite colors and decorum. It would be best if you also considered the materials’ practicality, durability, and affordability. You can choose the kind of kitchen flooring that is best for your family’s needs by looking at all your options.