Eight Things the Current Market Means to You

Mike leads a discussion on the current real estate market in Atlanta, highlighting a shift from a seller's market to a more balanced one. Key points include a normalization of home price appreciation, longer marketing periods, and fewer multiple offers. Buyers are expected to demand more concessions from sellers. Mike also notes an increase in expired listings due to uncompetitive pricing or uncooperative sellers. They emphasize the importance of setting appropriate expectations for both agents and clients, using data to guide strategies. They conclude by encouraging adaptation and change to thrive in this new market environment.