Yes, real estate selling patterns are shifting due to economic conditions, buyer behavior, and market saturation. Here are some key trends:
1. Longer Time on Market
Homes are staying on the market longer than in previous years as buyers become more cautious with higher mortgage rates and economic uncertainty.
Cobb County’s real estate market has experienced a notable slowdown, leading the Board of Tax Assessors to project a modest 2% increase in the 2025 tax digest. This is a significant decrease from the 8.52% growth observed last year.
President Donald Trump’s recent implementation of 25% tariffs on imported steel and aluminum products is expected to significantly increase the cost of building materials for new homes. These tariffs, effective from March 2025, are projected to raise residential construction costs substantially, impacting both builders and homebuyers.
As of March 2025, Atlanta’s real estate market exhibits signs of balancing, characterized by moderated price growth, increased inventory, and steady demand.
Home Prices and Sales Activity
In late 2024, home price appreciation in metro Atlanta slowed, primarily due to elevated mortgage rates reducing demand. Forecasts for 2025 suggest that if mortgage rates and housing inventory remain steady, home prices may stabilize.
Redlining in real estate is the practice of systematically denying services like loans, mortgages, or insurance to residents in certain areas based on their race or ethnicity. It was a discriminatory practice primarily targeting Black, Latino, and other minority communities. The term “redlining” comes from the red lines drawn on maps by lenders or insurers to mark areas they considered too risky to provide services to, often due to the racial or ethnic composition of the neighborhood. Here’s how it worked historically:
Even though redlining was officially outlawed with the **Fair Housing Act of 1968**, its effects are still felt today. Many of the neighborhoods that were once redlined remain underdeveloped, with lower property values and fewer resources. This history continues to contribute to racial inequality in housing and wealth across the United States. The lasting impact of redlining has sparked efforts to address housing discrimination, advocate for fair lending practices, and revitalize neighborhoods that were once subjected to these harmful practices.
Farmhouse design is still quite popular and continues to be a trendy style. The evolution over time means it’s adapting to current preferences. While traditional farmhouse aesthetics are still loved, there are some variations and modern takes on the style that keep it fresh and relevant. Here’s why farmhouse design still holds appeal:
Modern Farmhouse: The modern farmhouse style, which combines rustic charm with contemporary elements, remains a favorite. Think clean lines, open spaces, and minimalistic yet warm decor. This style often uses natural materials like wood, metal, and stone, and incorporates neutral tones that make it feel fresh and timeless.
Cozy and Inviting: People are always drawn to spaces that feel comfortable and welcoming, and the farmhouse style excels in creating that atmosphere. Whether it’s a cozy living room with a big farmhouse-style kitchen or a wraparound porch, the vibe is casual, approachable, and family-oriented.
Functionality Meets Aesthetics: The farmhouse style also offers practicality, which is important for modern lifestyles. Large kitchens with plenty of counter space, mudrooms for convenience, and functional layouts make it ideal for growing families and those who love a down-to-earth, functional home.
Incorporating Sustainability: Many farmhouse-inspired homes focus on sustainability, which is another reason why the style resonates today. With a focus on natural materials, energy-efficient appliances, and even repurposed items, it aligns well with modern preferences for eco-friendly design.
Personalization and Versatility: Farmhouse design also allows for a lot of personal expression. You can add more industrial touches, mix in some boho elements, or make it more refined depending on your tastes. The adaptability of farmhouse design ensures it remains relevant in a variety of homes and regions.
While it may have been widely popularized by TV shows, its timeless appeal and flexibility in design ensure it’s not going away anytime soon. Are you considering farmhouse design for your space, or just curious about how it’s evolving?
According to Realtor.com and many other real estate experts, mid-April is often considered one of the best times to list a home. Here’s why:
Declining mortgage rates can significantly influence homebuyer demand. When mortgage rates decrease, borrowing becomes more affordable, which typically encourages more people to enter the housing market. Here are a few reasons why this happens: