Posts from December 3rd, 2025

Is It a Buyer's Market?

Yes, well sort of. Compared to the scorching sellers' market of the last several years, it is a good time to purchase real estate. Buyers have a chance to negotiate. Sellers are conceding on price as well as providing credits and incentives to buyers. Houses are staying on the market about a week longer than last year according to the Georgia Multiple Listing Service (GAMLS).  Despite all of this, sales prices have slightly increased, between three and six percent, year-over-year. New listings have been down six percent for three straight months. Closings and pending sales have been mostly down in 2025, except for a significant increase in the summer months.

The real estate market is moving towards the buyer's side but not there yet. Mortgage rates may be part of that reason. On the day, I am writing this the rates sit around 6.26% (FreddieMac). Whether it is realistic or not, many potential buyers are sitting on the s...

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