Atlanta Sales Contracts Jumped in January
By Hank Miller, SRA, Associate Broker & Certified Appraiser
(Ansley Real Estate/Christie's International)
Home buyers are out and busy, the number of Atlanta sales contracts jumped in January. We're seeing this across the north Atlanta suburbs as buyers acclimate to the rates and the weather finally breaks. We see the slow down of buyer activity due to rate increases and the holidays, but look closer at activity after the holidays - Contracts written for homes in Atlanta spiked in January '23 signaling a strong open to the spring '23 season. We see the MLK weekend impact numbers but the prior week was as high as the best week in August.Atlanta is a strong market and there wasn't the pandemic bounce seen in many other areas. Fundamentals are strong here and the region is picked to be one of the better performing markets in 2023.
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