How’s the market?
The Market Action Index increased to 42, up slightly from 41 last month. This slight increase stays in sellers’ favor, maintaining their advantage in the market. Mostly because it seems that buyers are waiting on mortgage rates to drop even further, more on that below.
Tip: Great real estate marketing is more than professional photos. The modern buyer wants to experience the home before they step into it. List with Path & Post and get 3D Home Tours, Interactive Floor Plans, Copywriting Experts, Social Media Campaigns, Remarketing strategies, and more!
How are list prices?
The median list price of homes on the market fell from last month, currently at $414,000, down from $419,200.
What about mortgage rates?
Mortgage rates fell from last month, dropping to the low 6% area. Many experts agree interest rates will likely drop as we enter the fall months, but how much and how often will depend on future data such as job reports and fed actions.
Learn more & ask questions
Path & Post Team continues to be one of the top rated real estate experiences in North Atlanta with over 1,500+ 5-Star Reviews on Zillow, Google, and more.
When it comes to buying or selling real estate in North Atlanta, you deserve better than an average agent. Seek a Strategic Guide from Path & Post!
We love talking about the local market and are always eager to answer your questions. Always speak to a real person at (770) 720-4663. You can also get real-time market data by visiting pathpost.com/reports
