Real Estate Backstory

Real Estate Backstory is your weekly update for real estate news, changes, and trends relevant to the Atlanta area and surrounding markets. Topics covered this week include: Caution against buyer love letters. New study that shows a disconnect between what clients and agents are thinking. 70% of people that wanted to buy last year were not successful. American’s are feeling pessimistic about homeo...

Real Estate Backstory is your weekly update for real estate news, changes, and trends relevant to the Atlanta area and surrounding markets. Topics covered this week include: What is new with Zillow – property alerts. Key fed inflation measured eased in December. Fed lifts rates by quarter-point but says inflation is easing. Job reports show increase of 517,000 in January. Mortgage rates continue t...

Real Estate Backstory is your weekly update for real estate news, changes, and trends relevant to the Atlanta area and surrounding markets. Topics covered this week include: Recession does not mean falling prices. U.S. pending home sales index. Atlanta area rail expansion planned. We discuss homeownership difficulties and regrets. Mortgage rates continue to trend down. 2023 FHA single family loan...

Real Estate Backstory is your weekly update for real estate news, changes, and trends relevant to the Atlanta area and surrounding markets. Topics covered this week include: Old school manners still matter! We discuss Zillow’s predictions for the hottest markets of 2023. Mortgage rates continue to decrease while applications increase. How to get your credit score over 800. We look at current marke...

Real Estate Backstory is your weekly update for real estate news, changes, and trends relevant to the Atlanta area and surrounding markets. Topics covered this week include: What do we do when sales are slow? Get back to the basics. We discuss the 2023 housing forecasts. Solid jobs report sends mortgage rates lower. As interest rates go down, we will see more listings. Atlanta has had more price d...

What are Green Certifications? Mortgage applications have increased by 2.2%. US banks are tightening their lending standards. Ribbon lays off 85% of staff. Investor home purchases plummet as housing market slows. Some strategies to fend off a big bill in 2023. Home sales unexpectedly increased in October.

The Real Estate Backstory is our weekly update The Real Estate Backstory is our weekly update of real estate news, information and education for the Atlanta real estate market. This week we cover: Now is the time to reengage with your clients. Link between clutter and depression. Homeowners are all-in on home improvement. Homebuyers need $107,000 annually to afford the typical U.S home. Yun sees r...

Builders are suddenly in a giving mood. Shifting market. Things to negotiate with builders. Voters approved more money for affordable housing around the country. Consumer Price Inflation report. Mortgage rates fall to under 7% after inflation eases. Characteristics of home buyers. Most home price cuts are made on Thursday. Redfin shutters home-flipping operations and announces layoffs. Opendoor is...

The Real Estate Backstory is our weekly update The Real Estate Backstory is our weekly update of real estate news, information and education for the Atlanta real estate market. This week we cover: 2021 is an outlier, not a benchmark. Mortgage rates are just shy of 7%. Who can and can’t afford homes as rates increase? How much household income is needed for each percentage point increase? Buydowns...

The Real Estate Backstory is our weekly update The Real Estate Backstory is our weekly update of real estate news, information and education for the Atlanta real estate market. This week we cover: Can you talk to an Appraiser? Producer Price Index rises. Mortgage applications decrease. FHA moves to include on-time rental payments for first-time buyers. Credit reporting errors are way up and consum...

The Real Estate Backstory is our weekly update The Real Estate Backstory is our weekly update of real estate news, information and education for the Atlanta real estate market. This week we cover: Be smart with your money. Be proactive, not reactive. The 3 US states have the most vulnerable housing markets. The best time to buy is the last week of September. Mortgage rates exceed 6% for first time...