Buford, GA housing market update JUNE 2022

Housing market update for Buford, GA real estate in June 2022. Not only is it HOT in Hotlanta, but rates have gone up higher than we’ve seen in awhile. Those are probably the biggest stories right now. The truth is no one knows what’s going to happen in the market. Don’t buy above your means and get educated. The one thing we can use to help guide us to the market are the numbers. So I will try to keep them updated. Lots more inventory on the market this month then in January. Homes in Buford City Schools are selling at a higher dollar per square foot but very similar price. For more specific information on your city please contact Jennifer (470)326-7077

Buford Georgia real estate market update June 2022

It’s really no surprise the Buford Housing market is cooling off a bit. Traditionally around this time of year we see a little slowing, people are on vacations. However the increase in interest rates has also taken a toll on buyers. Most recently the fed raised .75 which can cause a dramatic change in your payment. Not too mention some real buyer fatigue with constantly being outbid.

If you are considering selling your Buford home you may need to do a bit more than just put it in the MLS and put a sign in the yard. Marketing and prep will be key for having a successful Buford home sale in 2022.

For more information on how to navigate the new construction process be sure to call Jennifer K Lewis, Exp Realty #404188 (470)326-7077 or check out http://movetogeorgia.org

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