Exploring the Atlanta Real Estate Market: What You Need to Know in 2023

Host: Debra MortonGuests: Judy Jernigan (Sage and Grace Realty), Rich Zeglovich, John Anderson (Space in Town team)Topics Covered:

• Atlanta Real Estate Market Trends
  • Examination of the current inventory levels
  • What 'low inventory' really means for buyers and sellers
  • Hot areas in Atlanta, such as Decatur vs. Marietta, market differences
  • The rise in competitiveness in pockets like Ormwood Park and Grant Park
• Agent Insights
  • Experiences from showing homes across Atlanta
  • Change in agent follow-up and feedback on listings
  • The need for timely communication with clients
• Home Selling Strategies
  • Importance of additional marketing strategies like drone footage
  • The challenges of selling unique properties, such as high-value homes in Southwest Atlanta
• Buyer Etiquette and Technology
  • Impact of surveillance technology on buying strategies
  • Advising buyers on how to act when visiting homes
• 2024 Market Predictions
  • Speculations on real estate trends and interest rates
  • Potential effects of political cycles on the housing market
  • Discussion of new construction and developments in Midtown Atlanta
• Special Property Spotlight
  • Elton John’s property for sale and its investment potential
  • Anecdotes from the design team who worked on the original interior
• Economic Factors
  • Interest rates predictions for the coming year
  • The effect of buyer behavior on the market in response to rate changes
• Real Estate Investment Philosophy
  • Comparison of real estate to stock market investment
  • When is the right time to buy?
• Regional Market Insights
  • Growth in the North Georgia and Fayette County areas
  • Impact of the movie industry on Atlanta’s southern market

Memorable Quote: "Real estate is one of the most stable investments you can make. It's more about dating the rate and making the commitment to the house that is right for you at that time."Closing Thoughts: A dynamic discussion on the intricacies of the Atlanta real estate market, offering valuable insights for buyers, sellers, and industry professionals.