How’s the market?
The Market Action Index remained steady at 42, the same as last month. This number stays in sellers’ favor, maintaining their advantage in the market. It seems that buyers are still waiting for mortgage rates to drop even further; more on that below.
But First A Seller 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 again from last month, currently at $409.900, down from $414,000.
What about mortgage rates?
Mortgage rates fell from last month, remaining in 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
