Complete Realty Team Presents a 2023 Housing Market Forecast in New Video

Marietta, Georgia -

Complete Realty Team, which is based in Marietta, GA, has recently posted a video on YouTube on their predictions for the housing market in 2023. REALTOR® Ken Mandich explains that there are two key factors that will shape the real estate market in 2023 and those are inflation and home financing rates. And these two factors are interconnected because higher inflation results into higher interest rates. In 2022, inflation was high and the Federal Reserve had to raise rates to control it. But there are signs that inflation is finally getting in control, which means that home financing rates are likely to go down.

While the year 2022 was a time of economic uncertainty and higher home financing rates, which significantly dampened buyer demand, it appears that there are signs of inflation getting in control, which promises lower rates. Many people involved in the real estate market are therefore excited about the prospects of the housing market in 2023.

According to the National Association of Realtors (NAR), “While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, . . . mortgage rates are expected to stabilize while home sales and prices moderate after recent highs, . . .”

Meanwhile, Lawrence Yun, chief economist at NAR, explains, “After a big boom over the past two years, there will essentially be no change nationally… Half of the country may experience small price gains, while the other half may see slight price declines.”

The bottom line is that while the outlook for 2023 is positive, it will actually depend on the direction that inflation will take. It would be a good idea to be informed on the latest market trends and insights from trusted real estate professionals like Ken Mandich and the realtors at Complete Realty Team.

Realtors are licensed professionals who are knowledgeable and experienced about the housing market and can offer the needed guidance for both home sellers and home buyers. Meanwhile, they want to highlight certain factors that would make people choose them over other similar providers. One important factor is their focus on the human touch while applying cutting edge technology, which enables them to deliver a better level of consistency, excellent value, and service. Another factor is their belief that the home selling or buying process should be fun and hassle-free. The whole buying or selling process has to be kept as simple as possible with people who really care and provide the appropriate guidance. And lastly, what they provide to clients is honesty, peace of mind, and knowledge.

Complete Realty Team has the primary goal of enabling home sellers and buyers to find the real estate agents who would be able to help them and know how to make their clients comfortable and be knowledgeable on what exactly is happening at each step of the home selling or buying process. For home sellers, they will assist in developing a personalized and winning strategy for selling the home as fast as possible and for the highest amount possible. Ken Mandich is a Realtor who leads a team of real estate agents. He is experienced and knowledgeable in digital marketing and he applies this to help the house of the seller to be put in front of more people who are actively searching for a home to buy. For home buyers, they will help in negotiating the best possible deal, including the terms of the contract. And they will also provide the best resources to assist the home buyer in locating the best possible home financing services, utilities, and homeowners’ insurance. They offer their services in Cobb County, including neighboring areas, including: Austell, Fair Oaks, Acworth, Mableton, Marietta, Kennesaw, Roswell, Sandy Springs, Powder Springs, Vinings, and Smyrna.

Those who are interested in knowing more about the 2023 housing market forecast can visit the Complete Realty Team website or contact them on the phone or through email. They can be contacted 24 hours a day, from Sunday to Saturday.

Source: Complete Realty Team Presents a 2023 Housing Market Forecast in New Video

Wondering How Much You Really Need For A Down Payment?

If you're about to buy your first home, you're probably saving up for all of the costs that come with it. Your down payment is probably the first cost that comes to mind. But don't make it harder than it needs to be by believing a common myth about how much you need to save.

Understand That a 20% down payment isn't always the norm

Freddie Mac explains:

“. . . nearly a third of prospective homebuyers think they need a down payment of 20% or more to buy a home. This myth remains one of the largest perceived barriers to achieving homeownership.”

Most of the time, you don't have to put 20% down unless your loan type or lender says so. This means that you might be closer to buying a home than you think. The National Association of Realtors (NAR) says that since 2005, the average down payment has never been more than 20%. In fact, the average down payment is only 14% these days. And for first-time homebuyers, it's even lower, at just 6% (see graph below):

Find out what you can do to help you reach your goal

If it's still hard for you to save for a down payment, know that you can get help. A real estate agent and a lender you trust can show you options that could help you get closer to your goal of having a down payment. According to the latest Homeownership Program Index from Down Payment Resource, there are more than 2,000 programs in the U.S. that help people buy homes. Most of these programs help with down payments.

There are also loan types, like FHA loans, with down payments as low as 3.5% and options, like VA loans and USDA loans, that don't require a down payment from qualified borrowers.

Do your homework to know what your options are. If you want to learn more about programs that help with the down payment, you can find information on sites like Down Payment Resource. Then, work with a trusted lender to find out what kind of home loan you can get.

Bottom Line

Remember that you don't always have to put down 20%. Let's talk if you want to buy a house this year. You'll also need a lender you can trust so you can look into your down payment options, and we can also help you there with finding a superb mortgage broker to help you get the best rate and find out how much YOU need for a down payment.

Get in touch with us at 404-410-6465, or visit our website at CompleteRealtyTeam.com to learn more.

Wondering How Much You Really Need For A Down Payment? was first seen on CompleteRealtyTeam.com. See more at: Complete Realty Team Agents Blog

Complete Realty Team Launches New You Tube Channel

Marietta, Georgia -

Complete Realty Team, based in Marietta, GA, has launched a new YouTube Channel. Their first video welcomes all their viewers and clients while providing a brief introduction about the Georgia real estate market.

If anyone in the state is looking for an agent that listens to them, is accessible and has their best interests in mind, Complete Realty Team firmly states their team is the answer. The company’s top priority is taking care of their clients and making sure they are comfortable and know exactly what is happening with every step of the home buying or selling process. Whether a client is buying or selling, the team believes the entire process should be enjoyable and as stress-free as possible. The team does their very best to achieve this — despite the inevitable bumps in the road, their collective expertise is utilized to help smooth out any obstacles. The company has earned a strong reputation for honesty, expertise and professionalism. They also believe in the American dream and that home ownership should be achievable for everyone.

Apart from their introduction video, the company hopes to post updates about the real estate market and what to expect in the near future on their new YouTube channel as well. The mission of the company is to give their clients a foundation of knowledge and insight that will help them make decisions that are right for them (and help to carve out a path towards generational wealth).

Buying or selling a home is not a simple task, as many are aware. It is a complicated process that requires the help of a professional REALTOR®. A top real estate agent will help clients through every step of the process, from finding the right home or the right buyer to negotiating the best price. A REALTOR® is not a luxury in real estate, notably. Rather, they are a necessity if a client wants to ensure a smooth home buying or selling process. A top REALTOR® will help clients find the right home or the right buyer and will have in-depth knowledge of the region’s real estate.

Based on the listings identified, good real estate agents will also go above and beyond to help clients find the right home or sell them home for top dollar. An agent of this caliber will also facilitate negotiation and handle all the paperwork. They are experienced in all aspects of the home buying and selling process and will be there to offer professional guidance every step of the way, from start to finish. Learn more here: REALTORS®.

There are several steps involved in buying or selling a home in Cobb County, GA. The steps of selling a home include determining its value, preparing it for sale, advertising it to buyers, receiving (and negotiating) offers and closing on the sale. The process of buying a home includes helping clients get pre-approved for a financial aid plan, searching for the right home, making an offer on a home, receiving and negotiating a counteroffer and finally closing on the purchase of the new home.

Clients in search of a top real estate agent in Cobb County, GA need look no further than Complete Realty Team. Their experienced real estate agents are knowledgeable about the Atlanta and Cobb County real estate market and are ready to help all of their clients buy or sell a home. As top real estate agents in the region, they have been helping people buy and sell homes for many years. They are experienced in all aspects of the home buying and selling process. For buyers, they are committed to protecting the client’s investment by getting them the best deals as they search for a home. The team will also assist their clients when shopping for financial aid plans, homeowner's insurance and utilities. For sellers, the team has perfected a winning digital marketing strategy with a multiple listing service that will get the client’s house a huge audience with prospective homebuyers who are currently in search of a home.

https://www.youtube.com/watch?v=Yrg4RDMRmkU

To learn more about Complete Realty Team, clients may visit the company’s official website or contact their office directly via phone or email. The company serves all of Cobb County, Georgia, including the cities of Acworth, Austel, Fair Oaks, Kennesaw, Mableton, Marietta, Powder Springs, Roswell, Sandy Springs, Smyrna and Vinings.

Source: Complete Realty Team Launches New You Tube Channel

What’s In Store For The 2023 Real Estate Market?

Everyone wants to know what is in store for the 2023 Residential Real Estate Market. While we can't see into the future (wish we could, we'd make some Super Bowl bets!), we can look at the Data and what is happening with the economy in general to get a good idea. We think there will be two driving forces behind the 2023 real estate market. Curious about what we see on the horizon? Then check out this video -

 

 

To learn more about what is happening with today's market, as well as tips for sellers and buyers, be sure and check out our site at CompleteRealtyTeam.com.

The previous Post What’s In Store For The 2023 Real Estate Market? was first seen on CompleteRealtyTeam.com. Learn more on: Complete Realty Team - Ken Mandich - Agent