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 and ARMs are becoming key tools for closing deals.
The adjustable rate mortgage makes a comeback.
Sellers need to be strategic about pricing and property conditions.
Please be serious about your safety.
Real estate bubble risk.
Thank you all and please let us know if we can be of service.
