December 10th, 2021
The FHFA is raising the limit on conforming loans by 18%.
This is huge news for home buyers and sellers and is in direct response to the healthy growth in home prices over the last year.
In most of the U.S., the 2022 conforming loan limits for one-unit properties will be $647,200, an increase of $98,950 from $548,250 in 2021.
November 19th, 2021
Dorsey Alston is back with our monthly housing numbers. We take an in-depth, month-to-month look at the numbers in the six close-in Atlanta statistical areas of North Fulton, East Cobb, Buckhead, Intown, Sandy Springs and Brookhaven/Dunwoody.
October 20th, 2021
Across Metro Atlanta, home prices are up on average, while the number of days it takes for a house to sell are down. Transactions are down, and new listings and sales are lagging compared to this time last year. Just to keep things in perspective, last September was the biggest September in the history of Atlanta real estate, both the number of homes that sold and the prices those homes sold for.
September 22nd, 2021
In this August 2021 Atlanta real estate market report the number of new listings coming to market in August was as low as we have seen this year, which is reflected in the lower number of sales in most Atlanta markets. Prices continued to rise, albeit at a lower pace, and days on market dropped almost 50% when compared to last year. Across the metro Atlanta market, new listings were down nearly 20% on average, while sales prices were up an average of 7%.
August 31st, 2021
Dorsey Alston agents were involved in two of the five top sales so far in 2021. Harvin Greene & Stephanie Marinac represented the sellers of 4571 Columns Drive, a stunning eight-acre equestrian estate on the Chattahoochee River. Shanna Smith represented the buyers of 3517 Knollwood Drive, a new construction home on 2.3 acres with a 23-foot white oak barrel ceiling in the great room.