Do you remember the movie staring George Clooney called The Perfect Storm? Well, that title surely describes the housing market that we are currently experiencing in Atlanta. Never in our lifetime have we had the perfect mix of the lowest interest rates in history, lowest prices on homes and a high inventory of homes on the market. As a realtor, I often gasp at the amazing home deals that are being closed each and every day here in the Atlanta area. I recently sold a 8000 square foot home, on 23 acres in the outskirts of Atlanta for $329,000, not bad considering the home originally sold for 1.3 million..
So, if you are currently renting….Quit!!
The Top 10 Reasons You Should Quit Renting, and Buy a Home in Atlanta:
1. You Can Get A Steal! That’s all I have to say about that!
2. Mortgages Are Cheap! Current 30 year fixed rate is less than 4 Percent.
3.Your Monthly Payment Will Most Likely Be Less than your Monthly Rent Payment on a similar home. (Yes, Its True)
4. Because Current Home Values are low in Atlanta, Tax Bills Have Also Dropped! You will pay Less property tax.
5. You Will Get A Better Home, It’s Often Hard to Find A Perfect Rental Home.
6.Buying Now Offers Inflation Protection. Get a Good Fixed Loan, your payments will never go up. Rent Payments usually go up every year.
7. When You Buy A Home, It’s Yours! When you Rent, It’s NOT Yours. (I am sure your landlord appreciates your contribution)
8. Home Inventory is High! There is so much to choose from in every price range inAtlanta.
9. Sooner or Later, the Perfect Strom will end. (The Home Prices will go back up, The Interest Rates will rise, and the Home inventory will go down)
10. A few years from now, everyone will look back and talk about the unbelievable Real Estate Deals in Atlanta during 2011 and 2012. Don’t Miss Out!
Debra Dent
(678)521-2286
(770)442-7300
debra@atlantafinehomes.com