Atlanta FNF

Helping homeowners sell their property more effectively, efficiently, and profitably.

In 2023, Goldman Sachs expects double-digit home price declines in major markets like:

Austin (-15.6)
San Francisco (-13.7%)
San Diego (-13.4%)
Phoenix (-12.9%)
Denver (-11.4%)
Seattle (-11.2%)
Tampa (-11.2%)
Las Vegas (-11.1%).

Goldman Sachs also expects home prices to barely fall in places like:

Chicago (-1.8%)
New York (-0.3%)

While its forecast has home prices actually rising in places like:

Baltimore (+0.5%)
Miami (+0.8%) in 2023.

Before creating the scope of work for your next fix n flip, search the MLS for comps. Ideally these comps are homes that are either

✅ Currently under contract

OR

✅ Recently have been sold.

What you are looking for is:

✔️ Similar square footage
✔️ Same number of beds
✔️ Same number of bathrooms
✔️ And similar year built

The comps with the higher price per square foot

🟰the maximum level of renovations you should take on for your flip.

Anything above and beyond that is likely beyond what that particular neighborhood may support

And a waste of your

🚫 Time
🚫 Money
🚫 Energy

The Atlanta Fix N Flip Market Brief for July 2022

👉July residential sales were at 5,815, a decrease of 25.7% from the previous year.

👉The median sales price in July was $420,000, an increase of 15.1% from last July.

👉The average sales price was $498,500, up 13.9% from the previous year.

👉Atlanta area housing inventory totaled 12,112 units in July, an increase of 34.6% from July 2021.

👉New listings totaled 8,695, down 6.3% from July 2021 and down 14.0% from the previous month.

👉The month’s supply over a 12-month period increased to 1.9 months.

Note: This information came from Atlanta Realtors Association which was compiled by First Multiple Listing Service (FMLS). The brief covers residential properties in metro atlanta in the following 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.

The housing market looks like it’s slowing down, but you can still check out the latest data that shows where buyers are "overpaying.”

The data comes from a monthly study from Florida Atlantic University and Florida International University

Here are the top 10 most overpriced housing markets in the US right now, including Atlanta, Georgia

Payments keep mounting up these days-selling your house can provide such relief. We can buy your house "as is" for all cash and close quick. Ease your pain with a fast all-cash sale to us.

One of the most common questions we get is: "Why Atlanta Fix N Flip?"

www.linkedin.com

We Buy Atlanta Houses For Cash!

✅ Any Condition (Good, Bad, or Ugly)
✅ No House Repairs Needed
✅ No Commission or Closing Cost

Tag someone you know that might be interested in learning more

DECATUR, GA RENOVATION! Beautiful ranch, full basement with 4 bedrooms and 3 full baths.

✅ Real hardwood floors
✅ Luxury vinyl plank in the basement
✅ Marble tile
✅ Granite counters
✅ Stainless steel appliances
✅ Bar counter
✅ Built in microwave
✅ New paint throughout
✅ New fixtures
✅ New lighting
✅ Soft close cabinets in the kitchen

The added bonus is the basement can be used for additional income with a:

✔️ Full bathroom
✔️ Kitchenette
✔️ Bedroom with walk in closet
✔️ Separate entrance
✔️ Separate driveway

PLUS...This property may qualify for a $5k grant.

To learn more reach out to
Bridgette "B FREE" Freeman - Realtor

Fully Renovated Brick Ranch in Decatur / Atlanta Homes For Sale STUNNING RENOVATION! Beautiful ranch, full basement with 4 bedrooms and 3 full baths. "Real hardwood" floors, luxury vinyl plank in the basement, marble tile...