January 25th, 2023
Across the markets Dorsey Alston, Realtors closely tracks, new listings last month fell 27% while the number of total active listings climbed 24%, according to data compiled from FMLS. The total number of sales was down 55%, but the average sales price was up 11% compared to December 2021. The 11-county metro region had similar numbers. New listings fell 23% and total active listings were up 47%. The number of sales fell 50% and the average sales price was up 5% to $466,292.
January 13th, 2023
As Kathy and David Siegel’s family grew, houses became a business. The Atlanta couple would buy a house and completely remodel it — David is a home builder, and Kathy has an eye for design — live in it, then sell it. They did this eight times. The demand for their renovated homes became the launching pad for Siegel Construction & Design.
December 12th, 2022
Housing inventory is starting to build up across metro Atlanta, which is a good thing. For the last two years, prices have surged due to unprecedented demand and the lack of homes available for sale. As we reach the end of 2022, buyers are beginning to have more choices just as interest rates are trending lower.
November 18th, 2022
Michael Rogers revealed the non-profits Dorsey Alston, Realtors is supporting in honor of our 75th anniversary, donating $45,000 to support Alzheimer’s research and families struggling with ALS, disabilities, special needs, poverty and medical emergencies. Earlier this year, we asked agents and staff to submit charities they are connected to and strongly support. The selected organizations would receive grants in recognition of the company’s milestone.
November 16th, 2022
Dorsey Alston reviews FMLS data monthly to understand what is happening in the market. We are seeing a slowdown in sales and new listings, which is seasonal. The market is also being impacted by rising interest rates and an overall lack of inventory — but well-priced houses are still selling and getting multiple offers.