Mountain Gateway Appraisal

One chapter ends, another begins! Moving HQ to Ellijay!

Dream place 🤩

All property appraisals are the same.

This is a misconception that leads to misunderstandings and potentially costly mistakes.
👉 Appraisals: Appraisals are assessments of a property's value, conducted by a licensed appraiser. The process and outcome varies based on the appraiser's experience, knowledge of the local market, and thoroughness of research.
🤓 Experience and Expertise: An experienced appraiser with a deep understanding of the local market is more likely to provide an accurate and comprehensive appraisal. Different types of properties may require specialized knowledge.
🏘️ Comparables: Appraisers select comparable properties to assess the property's value. The choice of comparables impacts the appraisal outcome. A skilled appraiser will choose the most relevant properties.

Frank Lloyd Wright's Fallingwater in Pennsylvania!

NAR's 2024 FORECAST

The following forecasts for 2024 were presented by NAR (National Association of Realtors) Chief Economist Lawrence Yun at the NAR Real Estate Forecast Summit.
• 30-year fixed mortgage rate will average 6.3%
• The Fed will cut rates four times as economic activity slows.
• Existing-home sales will reach 4.71 million, a 13.5% increase from the (estimated) 4.1 million sales in 2023.
• Rents will calm down further, holding down the consumer price index.
• Foreclosure rates will remain historically low, comprising less than 1% of all mortgages.
• U.S. GDP will grow by 1.5%, avoiding a recession
• Net new jobs will slow to 1.7 million, compared to 2.7 million in 2023 and 4.8 million in 2022.
• There will be 1.48 million housing starts, including 1.04 million single-family and 440,000 multifamily.
• Housing inventory will increase roughly 30% as sellers who have delayed selling over the past two years list their homes.
The following 10 markets, in order, have the most pent-up housing demand and will outperform other metro areas:
1. Austin-Round Rock-Georgetown, Texas
2. Dallas-Fort Worth-Arlington, Texas
3. Dayton-Kettering, Ohio
4. Durham-Chapel Hill, North Carolina
5. Harrisburg-Carlisle, Pennsylvania
6. Houston-The Woodlands-Sugar Land, Texas
7. Nashville-Davidson-Murfreesboro-Franklin, Tennessee
8. Philadelphia-Camden-Wilmington, Pennsylvania, New Jersey, Delaware, Maryland
9. Portland-South Portland, Maine
10. Washington-Arlington-Alexandria, D.C., Virginia, Maryland, West Virginia

Happy Monday!!
We hope everyone had a great Thanksgiving week.

Happy 11th birthday to this tiny shop helper! Unwrapping trophies and answering calls is her favorite thing to do around the shop!

Happy Birthday KJ! We love you Big!

&more

We are wishing Weston a Happy 12th Birthday today! This kiddo has been creating things and “building” trophies around the shop since 2016.

Happy Birthday Weston-we hope you have an amazing day!!

🎉🎂

Happy Friday!