10/14/2026
Bargain Hunting With Rates Above 7% | https://www.michelemovesmountains.com
With mortgage rates holding above 7%, many buyers are wondering how to approach the North Georgia market. As someone who’s helped clients navigate both the numbers and the nuances of buying in our mountain communities, I’ve seen how a strategic approach can make a real difference. Recent studies suggest that planning for rate changes—a half-point within 3 months, three-quarters in 6 months, and possibly a full point by year’s end—can provide a helpful cushion as you consider your options. Interestingly, buyers who wait until early Q4 often find more leverage: typical homes are about 5% less expensive than in late Q2, competition eases, and there’s more time for thoughtful negotiation. In the last month, the market had about a 5-month supply, giving buyers more strength to negotiate not just on price, but on closing costs, discount points, or even temporary rate buydowns. While the markets are still anticipating further Fed moves, the longer-term goal remains: cooler inflation and, hopefully, some future relief on mortgage costs. If you’re looking to make a move in the mountains, knowing how to time your purchase and where to find opportunity is key to making the most of what North Georgia has to offer.
