Market Updates

Sept. 16, 2021

Atlanta Housing Market Update

Statistics Overview - August, 2021

August 2021 Sales and Average Sales Price Overview 

There were 7,803 closings for Residential Single Family Detached in August 2021. This reflects a decrease of  7% over August 2020. 

There were 1,634 closings for Residential Single Family Attached in August 2021. This reflects ...

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July 20, 2021

Georgia Single family Homes Sales in June

Georgia Home Sales in June 2021

The Monthly Housing Indicators for Georgia are in for the month of June. Summer is here and buyers are flooding the market in search of their next homes. Average sales prices have increased 24 percent year over year and inventory was down 43 percent ...
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Posted in Market Updates
July 15, 2021

Housing Supply Is Rising. What Does That Mean for You

Housing Supply Is Rising. What Does That Mean for You? | MyKCM

An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges:

It looks like ...

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May 31, 2021

Buying a Single Family Home Is Still Affordable

 

Buying a Home Is Still Affordable | MyKCM

The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and ...

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April 23, 2021

Don’t Be Fooled by Remarkable Real Estate Headlines

 

Don’t Be Fooled by Remarkable Real Estate Headlines | MyKCM

Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases.

While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt ...

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Feb. 25, 2021

How Much Leverage Do Today’s House Sellers Have

How Much Leverage Do Today's House Sellers Have? | MyKCM

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time ...

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Feb. 24, 2021

3 Ways Home Equity Can Have a Major Impact on Your Life

3 Ways Home Equity Can Have a Major Impact on Your Life | MyKCM

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average homeowner by $17 ...

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Jan. 26, 2021

Seller Reviews and Testimonials- Harry Patel Real Estate

Sellers - Testimonials of Harry Patel Real Estate Services

 

In November 2020, we were fortunate to have the opportunity to assist Mr. and Mrs. Stoll in purchasing their retirement home and selling their home in Lilburn. Kindly take a minute to listen to his comments on our services.

 

  ...

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Jan. 25, 2021

Buyer Reviews and Testimonials - Harry Patel Real Estate

Buyers Reviews and Testimonial 

In October, I had the pleasure to help a first time home buyer with the purchase of his home. When our paths crossed and I had the opportunity to help him find a home I was excited. He is 22 and already invested in his own ...

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Jan. 5, 2021

Gwinnett County Homestead Exemption

As a homeowner you enjoy several tax benefits, one of which is the Homestead exemption and you much notify the county in order to receive that tax break.  You have to be the owner of the home on January 1 of the year that you are applying for and ...

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