Touch Of Elegance Residential

Touch Of Elegance Residential Real Estate Agent Serving Buyers, Sellers and investors in Georgia. Your home sold guaranteed!

Residential Real Estate:
Assisting buyers, sellers, Landlords & tenants throughout New Jersey with all their Residential Real Estate needs.

TODAY IN REAL ESTATE - With Tracy:Property taxes can significantly impact homeownership costs in several ways: 🏡1. Month...
11/14/2024

TODAY IN REAL ESTATE - With Tracy:

Property taxes can significantly impact homeownership costs in several ways: 🏡

1. Monthly Payments
2. Budgeting
3. Affordability
4. Home Value
5. Tax Deductions

Understanding the implications of property taxes is essential for anyone considering homeownership, as they play a crucial role in the overall financial picture đź“Š.

I offer free buyer/investment consultations and one-on-one education whether you’re just wanting to become more knowledgeable on your options or you’re ready to actively make the move or invest in real estate.
Leave me a message or visit me on the web and leave your best contact information.

Happy to be your resource for all things Real Estate 🏡




Atlanta home sales climb in October:Courtesy of Georgia MLS.The pace of home sales in the Atlanta area picked up in Octo...
11/08/2024

Atlanta home sales climb in October:
Courtesy of Georgia MLS.

The pace of home sales in the Atlanta area picked up in October on both a monthly and yearly basis, according to the latest Georgia MLS 12-county Housing Market Snapshot.

By units, sales were up 3.7% month over month, rising from 4,378 homes sold in September to 4,540 homes in October. Year over year, sales rose 5.7% from 4,296 transactions in October 2023. By dollar amount, sales climbed 2.5% month over month and 8.6% year over year to $2.24 billion.

The median sales price of $399,900 represented a 1.3% dip from September’s $405,000 level and was basically flat with the $400,000 price of October 2023.

New listings rose 5.8% month over month and 17.8% year over year to 8,416. Active listings, meanwhile, were up 1.5% on a monthly basis and 49.4% on a yearly one, at 18,453 listings.

Georgia MLS’ 12-county report includes Cherokee, Clayton, Cobb, Dekalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding and Rockdale counties.

Posted In: By the Numbers, Current Market Data, Local News, New Construction, New Construction News

🇺🇸These last 24 Hours have been Intense! The next coming years may be just as intense, but, one thing remains true: stay...
11/07/2024

🇺🇸These last 24 Hours have been Intense!
The next coming years may be just as intense, but, one thing remains true: staying informed is key. Here’s what you might be wondering about the election’s impact on the real estate market:

1. Will the new administration affect mortgage interest rates?
- Yes, you will see a slight increase in rates but mortgage rates are largely influenced by the Federal Reserve and other economic factors. Right now, rates are sitting in the high-mid 6% but with this next administration imposing tariffs, while extending tax cuts, the governments deficit could balloon, causing higher rates. Staying informed about Fed policies and market conditions is the best way to anticipate what’s coming.

2. When would be the best time to buy after this election?
• The best time to buy, regardless, is when you’re financially ready & you have an actual plan, but historically, the year following an election often sees an increase in home sales. Early 2025 would be ideal as home prices are expected to jump up 2.5% next year.
If you’re ready, buying sooner could help you avoid paying more for the same house later.

3. Could new policies affect how mortgage loans are issued?
• Yes, new elected officials can propose policies that influence mortgage lending practices, such as first-time homebuyer assistance, down payment requirements, or affordable housing programs. These programs were intended to help income challenged borrowers step into homeowner but as we know, the government is highly influenced by big corporations (cough cough Blackbox) that come into our communities to buy up the houses at a significantly reduced price. This can make it more difficult for people to afford homes and cause property taxes to increase.

Working with a knowledgeable mortgage/real estate advisor can help you stay informed about market shifts that might affect your buying options.

For investors, this cycle is about to be like it was 2019-2020⬆️

Let’s discuss your “Next Year goals”, schedule a free consultation 🔗





TODAY IN REAL ESTATE - WITH TRACY:Navigating the home inspection process? 🕵️‍♂️🔍 It’s crucial for identifying potential ...
11/05/2024

TODAY IN REAL ESTATE - WITH TRACY:

Navigating the home inspection process? 🕵️‍♂️🔍 It’s crucial for identifying potential issues before you buy. From structural integrity to safety concerns, a thorough inspection gives you peace of mind. Ready to learn more and find your dream home? Let’s connect!

TODAY IN REAL ESTATE - WITH TRACY.In a buyer's market, there are more homes for sale than buyers, leading to lower pric...
11/04/2024

TODAY IN REAL ESTATE - WITH TRACY.

In a buyer's market, there are more homes for sale than buyers, leading to lower prices and more negotiating power for buyers. In contrast, a seller's market has more buyers than available homes, which typically results in higher prices and less room for negotiation. Key differences include:

1. Supply and Demand: Buyer’s market has excess supply; seller’s market has high demand.

2. Home Prices: Prices tend to be lower in a buyer’s market and may rise in a seller’s market.

3. Negotiation Power: Buyers have more leverage in a buyer’s market, while sellers have the advantage in a seller’s market.

4. Days on Market: Homes typically sell more slowly in a buyer’s market and faster in a seller’s market.

5. Incentives: Sellers may offer incentives (like closing cost assistance) in a buyer’s market, whereas buyers might need to act quickly and offer above asking price in a seller’s market.

Understanding these differences can help buyers and sellers make informed decisions based on current market conditions.

Have questions or need help navigating the market m? Leave me a direct message or visit me on the web at www.touchofeleganceresidential.com, and hit that “Call Now” button or filled out a brief questionnaire to get started on your journey.

Awesome Covington, GA Owner Relocation for Sale or Trade!Buy this Home and We'll Buy Yours!Prestigious, Stunning Decor, ...
10/24/2024

Awesome Covington, GA Owner Relocation for Sale or Trade!
Buy this Home and We'll Buy Yours!
Prestigious, Stunning Decor, Open Concept.

This home is being sold fully furnished and generated $80K per year as a short term rental.
Purchasing as a turn-key investment property or your dream home (or both).
Move up to any one of our listings and We'll Buy Yours for Cash!
My list includes off-market, pre-market, company owned homes and other distressed sales.
PM me today for more info.
All homes include a free home warranty and our Exclusive Buy Back Guarantee,
If within 24 months you don't love your home we'll buy it back or pay you the difference .
Your Home Sold at Your Price Guaranteed or We'll buy it! PM Tracy for more info!

10/14/2024

What factors are crucial when investing in a rental property? 🏠💼 From location to potential cash flow, we’re here to guide you through the process. Reach out today to discuss your investment goals!

10/14/2024

What are the top strategies you should consider to maximize your home’s value before selling in today’s market? 1. Enhance Curb Appeal 2. Make Minor Repairs 3. Market Effectively 4. Set the Right Price 5. Consider Home Staging Implementing these strategies can help you attract buyers and maximiz...

Worried about the complexities of selling your property? Leave it to us! Our skilled real estate team knows the market i...
10/13/2024

Worried about the complexities of selling your property? Leave it to us! Our skilled real estate team knows the market inside out and will guide you through every step of the process. From setting the right price to effective marketing strategies, we'll ensure a smooth and successful sale. Trust our expertise and experience – let's sell your home together! Contact us today for a consultation.

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5151 Brook Hollow Pkwy, Suite 220
Norcross, GA
30071

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