Cobb Real Estate Group

Do you have a favorite shirt? I have this button down that I like. It looks sharp and fits well. Correction, it fit nicely at one point, and now I fill it out more than I did in times past to the point the buttons are struggling to keep it together. I am sure I am the only one with a shirt like this! Maybe it shrunk in the dryer!

This is where the housing market continues to be. Parts of it look nice with increased month's supply, but swelling interest rates, bloated home values, and the inventory on the market barely holding on, something's got to give!
Properties in the $300’s (give or take) continually to typically be multi-offer situations. Properties in the $500’s+ continue to sit longer and drop asking price.

Property values have continued in an upward trend the past eight years, but this summer we are seeing them slow and even decrease in some cases. One way or another, the housing market is going to have to consume less and walk more, and while we are not there yet, I do believe a shift will slowly take place end of this year and into next.

𝗠𝗲𝘀𝘀𝗮𝗴𝗲 𝘂𝘀 𝘁𝗼 𝘀𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝗮 𝗰𝗼𝗳𝗳𝗲𝗲 𝗼𝗿 𝘁𝗼 𝗴𝗲𝘁 𝘆𝗼𝘂𝗿 𝗵𝗼𝗺𝗲 𝘃𝗮𝗹𝘂𝗲.

Last month’s Median sales price: $395,520 +1.4% year over year

Last month’s Average Days on Market: 29 +70% year over year

New Listings: 9,314 -24.7% year over year

Month's Supply: 2.4 +9.1% year over year

Last month Closings: 5,687 -30.8% year over year

We can help you buy! Message us and we can get you setup with your own portal to view all homes available to purchase. Let us walk with you on this exciting journey!

A little real estate advice from Dave Ramsey 🏡 💰 “Don’t not buy waiting for interest rates to come down, just refinance the mortgage if interest rates come down” . #homebuyer #realestate #daveramsey #home #house #realtor #advice #money #equity #mortgage #interestrates #economy #realtorsofig #kellerwilliams #realestateagent #agent #rahmanirealtygroup

We are not seeing the "crash" the experts were predicting. We are continuing to see a shift from Seller's market to Buyer's market, but we are currently in an awkward pr***en phase of this market shift. Houses are on the market longer, some having to drop asking prices, but homes are selling.

Want to discuss further? Set up a coffee or call with the link below.

Book Your Appointment with Cobb Real Estate Group - Real Estate Book an appointment with Cobb Real Estate Group using Setmore

This weekend you can put away the umbrella and put on your favorite jacket to go view open houses! Interest rates are in the 5's, below the 30 year average, and with rate buy down options it is a great time to consider purchasing. For a FREE and complete list of open houses taking place this weekend go to:

Open Houses Single Family, Condos, Multi-Family, Commercial, Land, Rentals, Farm, Com Lease, Lot-Land, Townhouse in Cobb County GA Search all available properties including Single Family, Condos, Multi-Family, Commercial, Land, Rentals, Farm, Com Lease, Lot-Land, Townhouse via the MLS in Cobb County, GA - brought to you by Virtual Properties Realty

What are the perks of owning a home?

1. Credit Building
2. Inflation Protection
3. Tax Breaks
4. Value Appreciation
5. Equity

Is 2023 your year to purchase a home? If so, we want to partner with you to make that happen.