Atlanta Peachtree Realty

09/24/2025

https://www.facebook.com/share/16GyCSRtmD/?mibextid=wwXIfr

According to the report, for housing affordability to return to levels seen between 2016 and 2019, one of three dramatic shifts—or a combination—would have to happen:
1. Home Prices Fall
The median price of a single-family home, which in September was about $414,340, would need to drop by 38% to around $257,000. That’s a massive correction, similar to what would happen only during a major housing crash.
2. Household Incomes Rise
The median household income would need to increase by over 60%, from around $84,000 today to about $134,500. That’s far beyond typical wage growth trends, showing how out of step home prices and mortgage costs are with income growth.
3. Mortgage Rates Plummet
Current rates hover around 6.5%, but to restore affordability, they would need to fall all the way down to about 2.35%—levels last seen at the height of the pandemic’s monetary stimulus, when rates were historically low.

Dm for promo

03/10/2024

Find real estate agency Jet Land Realty LLC in Marietta, GA on realtor.com®, your source for top rated real estate professionals.

07/25/2022

Interest Rates Have Been Much Higher in the Past, Here are a few ways people continued to purchase homes.

Historically Low-Interest Rates for 20 years would never expose the fact that families bought homes using alternative financing methods in the late 1970s at ...

03/29/2020

Millennial's Get Ready...It's Your Time to Buy Your Home!

For the millennials that would like to purchase but felt priced out of the real estate market, this is the time to prepare to buy your first home. If you can...

02/07/2020

Happy Home

11/01/2019

https://www.youtube.com/watch?v=X2mmF5rSxGo

Holly Springs is a wonderful community in the southern area of Douglas County Georgia. It sits at the base of the Chapel Hills Communities and is an excellen...

10/21/2019

Douglasville Georgia Homes Are Excellent

http://bit.ly/Holly_Springs_Community-Douglasville_GA

Holly Springs is a wonderful community in the southern area of Douglas County Georgia. It sits at the base of the Chapel Hills Communities and is an excellen...

10/21/2019

Welcome to Douglasville GA

08/26/2019

To successfully purchase a home, you may have to plan to pay off a few lingering credit card or other debts to bring the Debt-To-Income ratio down to fit the limits of the loan program that you want to qualify for. The link below is a good tool to forecast a date to have the debts paid off.

Find out how long your payment will take to pay off your credit card balance with Bankrate.com's financial calculator.