Johns Creek Homes for Sale

01/18/2023

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Think Twice Before Waiting for 3% Mortgage Rates

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.

Today, the rate of inflation is starting to drop. And as a result, mortgage rates have dipped below last year’s peak. Sam Khater, Chief Economist at Freddie Mac, shares:

“While mortgage market activity has significantly shrunk over the last year, inflationary pressures are easing and should lead to lower mortgage rates in 2023.”

That’s potentially great news if you’re a buyer aiming to jump back into the housing market. Any drop in mortgage rates helps boost your purchasing power by bringing down your expected...

Carla Ham (404) 944-3891

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decide...

01/18/2023

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If you’re planning to move, you’re likely juggling a bunch of thoughts, tasks, and emotions involved in the process. To ensure you’re confident in your decision, keep these best practices in mind. DM me today to make sure you have an expert partner to support you every step of the way.

Carla Ham (404) 944-3891

01/18/2023

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Have Home Values Hit Bottom?

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.

One of the questions that’s on many minds, based on those headlines, is: how much will home prices decline? But what you may not realize is expert forecasters aren’t calling for a free fall in prices. In fact, if you look at the latest data, there’s a case to be made that the biggest portion of month-over-month price depreciation nationally may already behind us – and even those numbers weren’t significant declines on the national level. Instead of how far will they drop, the question becomes: have home values hit bottom?

Let’s take a look at the latest data from...

Carla Ham (404) 944-3891

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2...

01/17/2023

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The dramatic shift in real estate we saw in the second half of 2022 caused many people to make comparisons to the 2008 housing crisis. But, when looking at key variables now compared to the last housing cycle, it’s clear there are significant differences this time around. If you have questions about why this isn’t like the last time, DM me.

Carla Ham (404) 944-3891

01/16/2023

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If you’re looking to buy or sell a home, it’s important to understand market trends and what’s going on in our local area. The best way to keep a pulse on those two things is partnering with a trusted real estate professional. DM me so we can discuss what 2023 has in store for our area and what it could mean for your plans to make a move.

Carla Ham (404) 944-3891

01/16/2023

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What Past Recessions Tell Us About the Housing Market

As talk about a potential recession grows, you may be wondering what a recession could mean for the housing market. Here’s a look at the historical data to show what happened in real estate during previous recessions to help prove why you shouldn’t be afraid of what a recession could mean for the housing market today.

>>A Recession Doesn’t Mean Falling Home Prices

Historically, when the economy slows down, it doesn’t mean home values will always fall.

Most people remember the housing crisis in 2008 and think another recession would be a repeat of what happened to housing then. But today’s housing market isn’t about to crash because the fundamentals of the market are different than they were in 2008. According to experts, home prices will vary by market and may go up or down depending on the local area. But the average of their 2023...

Carla Ham (404) 944-3891

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tel...

01/15/2023

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If you’re a renter, know that experts project the cost of renting will continue to exceed the historical average in 2023. That means when you renew your lease, you may have to pay more. That’s an uncertainty you don’t experience with a fixed-rate mortgage. DM me to begin your journey toward homeownership and financial stability today.

Carla Ham (404) 944-3891

01/14/2023

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The 2023 housing market is going to be defined by mortgage rates, and rates will be determined by what happens with inflation. If inflation continues to fall, mortgage rates will likely respond, even though experts agree rates won’t sink back to 3% anytime soon. Ready to discuss how this impacts your homebuying goals? DM me.

Carla Ham (404) 944-3891

01/13/2023

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What Are Your Priorities in 2023?

What are your priorities in 2023? Let’s connect so you can find a space with the features you need this year and beyond.

Carla Ham (404) 944-3891

01/13/2023

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Key Terms To Know When Buying a Home [INFOGRAPHIC]

Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process. DM me so you have expert answers for any questions as they come up.

Carla Ham (404) 944-3891

01/12/2023

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Is It Time To Sell Your Second Home?

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious.

A recent report from the Institute for Luxury Home Marketing (ILHM) explains just how much remote work impacted the demand for second and luxury homes:

“The unprecedented ten-fold increase towards remote work since the pandemic is an historic development that will continue to fuel second home demand for many years...

Carla Ham (404) 944-3891

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury hom...

01/11/2023

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Does your backyard lack the designated entertaining space you want? Is your kitchen starting to feel a little cramped? Do you have a need for additional rooms? Whatever the reason, it may be time to make a move to a home that has what you need. DM me to learn more about what’s available in our local market.

Carla Ham (404) 944-3891