Five Reasons To Buy A House In Atlanta Now

Are you considering buying a house in Atlanta? Read on to find out why we think you should buy now!

1)      House values are up by about 10% since last year

This number is based on the data reported by Zillow. Home prices will be higher than they were over the past year or two. Therefore, it is crucial to know exactly how much house you can afford. We can help with that! Once you are certain about your price point, it is important to buy your dream house while you can still afford it.

2)      House prices are expected to keep rising

Adding on to the previous fact, house prices are only going to continue rising. Therefore, again, it is important to buy the house that you are interested in as soon as possible. You may not be able to afford it a few months down the road.

3)      Atlanta home prices are expected to rise faster than other areas

Earlier this year, a panel of over 100 economists predicted that home prices would rise by 3.65% in 2018. This number puts Atlanta above the national average. Keep in mind that these are all just predictions, however, it is wise to consider them.

4)      It’s a seller’s market

As we stated in a previous blog, housing inventory is currently limited. What does this mean for you? It means that you should buy now instead of risk losing your house to another buyer.

5)      Mortgage rates are expected to rise

Along with rising values and prices, mortgage rates are also expected to rise. Give us a call today to find out what rate you can be approved for!