Kimberly Zitting Homes

The July Market Stats are in! 🏡 Curious about the upcoming market changes? Give me a call to discuss!
770-354-9513

June Market Stats are in!🏡Curious about the latest trends? Contact me for a more detailed report and see how the market is shaping up this summer!

The Monthly Housing Indicators for Georgia are in for May. New Listings had another month of significant gains year-over-year. Closed Sales and Days on Market were flat. Median and Average Sales Prices marked an increase. YoY Inventory levels saw significant gains in May. To learn more and see the Housing Supply Overview, please visit: https://garealtor.com/georgias-may-housing-market/

Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you.

An Ameriprise Financial survey sheds light on why people buy a second, or vacation, home (see below):

• Vacation destination or a place to get away from the stresses of everyday life (81%)

• Better weather (49%)

• Rental income (41%)

• Primary residence in the future (33%)

• Having a venue for gatherings with family and friends (25%)
Ways To Buy Your Vacation Home

And you don’t have to be wealthy to buy a vacation home. Bankrate shares two tips for how to make this dream more achievable for anyone who’s interested:

• Buy with loved ones or friends: If you’re okay with sharing the vacation home, you can go in on the purchase price...

Why a Vacation Home Is the Ultimate Summer Upgrade Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season.

With the Presidential election only months away, you may be wondering what impact that’ll have on the housing market.

Fortunately, the impact is usually small and temporary. History shows us the market remains strong during election years.

That's good news for you because it means this year's election shouldn't affect your move. If you want the data, shoot me a message.

The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market.

Home Sales

During the month of November, in years when the Presidential election takes place, there’s typically a slight slowdown in home sales. As Ali Wolf, Chief Economist at Zonda, explains: “Usually, home sales are unchanged compared to a non-election year with the exception being November. In an election year, November is slower than normal.”

Home Prices

What about home prices? Do they drop during election years? Not typically. As residential appraiser and housing analyst Ryan Lundquist puts it: “An election year doesn’t alter the price trend that is already happening in the market.”

Mortgage Rates

Mortgage rates are important because they affect how much your monthly payment will be when you buy a...

Do Elections Impact the Housing Market? The 2024 Presidential election is just months away.

🎉 Happy Father's Day! 🎉

Today, we celebrate the real-life superheroes – our dads! 🦸‍♂️ Whether it's epic dad jokes, backyard BBQ skills, or always being there when we need them, dads make life amazing.

Cheers to the kings of the grill, masters of the remote, and ultimate fix-it pros. 🛠️ Thanks for all the love, laughs, and life lessons. Enjoy your day to the fullest!

👔💙

According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years. That’s because a home is so much more just than a roof over your head. It’s also an asset that typically grows in value over time. If you’ve been debating if it makes more sense to rent or buy, DM me to talk about why homeownership can be a better bet in the long run.

Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC] According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years.

This isn’t like 2008. Builders aren’t overbuilding, they’re just catching up.

This graph shows there’s a gap to make up after over a decade of not building enough homes.

Plus, builders are focusing on completing what’s already started versus breaking ground on a whole lot of new homes. This means they’re being mindful and that’s a good thing.

Have questions? Let’s chat.

🎉 So excited to share that my first newsletter is almost ready to go out tomorrow! 🥳 Want to stay in the loop? Drop your email below to be included! ✉️✨

If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices.

The key is knowing the difference between the asking price and the sold price.

Understanding Asking Price vs. Sold Price

In essence, the asking price, also known as a listing price, is the amount a seller hopes to get for their home when they list it. In reality, sellers can’t just put any price tag on their house and expect it to sell for top dollar.

Here’s the most important thing to note: Actual sold prices are still rising, and they’re expected to continue to do so at least over the next 5 years.

What Does This Mean for Home Prices?

So, while there's been an increase in price reductions recently, this doesn't mean overall home values are declining.

Why This Is Good News for Buyers and Sellers

For buyers, more realistic asking...

Home Prices Aren’t Declining, But Headlines Might Make You Think They Are If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify.

Celebrating National Homeownership Month! 🏡

Hey everyone,

June is here, and that means it's National Homeownership Month! 🎉 Whether you're a first-time buyer, a long-time homeowner, or dreaming of your future place, this month is all about celebrating the joys and benefits of owning your own home.

🏠 Why Homeownership Rocks:
1. Building Equity: Every mortgage payment boosts your investment. 💸
2. Stability & Control: It's YOUR space – paint, renovate, and make it uniquely yours. 🎨
3. Community Connection: Homeowners often feel more connected and engaged with their neighborhood. 🤝
4. Financial Perks: Think tax benefits and building wealth over time.

🌟 Ways to Celebrate:
1. Host a Gathering: Get together with neighbors for a BBQ or potluck.
2. DIY Projects: Spruce up your space with a fun home improvement project.
3. Share Your Story: Post about your homeownership journey with .
4. Learn More: If you're aspiring to buy, start educating yourself about the process.
5. Support Charities: Donate to organizations like Habitat for Humanity that help others achieve homeownership.

Take a moment to reflect on your homeownership journey – the memories, the challenges, and the successes. Your home is not just a place; it's your sanctuary, your investment, and your legacy.

Happy National Homeownership Month! Let's celebrate our homes with pride and joy. 🥳🏡✨

Share your stories and tips in the comments below. Let's make this month a celebration to remember!

Planning to buy your first home? It helps to start with a solid savings plan.

Set a budget, track your expenses, and focus on cutting down on any unnecessary spending. And, if you can automate your savings, that can go a long way to speeding up the process.

With the right strategies and planning, your dream home may be closer than you think.

Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now. Today’s mortgage rates are higher than the one they currently have on their home, and that’s making it harder to want to sell and make a move.

What Is Equity?

Think of equity as a simple math equation.
Your equity grows as you pay down your loan over time and as home prices climb. And thanks to the rapid home price appreciation we saw in recent years, you probably have a whole lot more of it than you realize.

The latest from the Census and ATTOM shows more than two out of three homeowners have either completely paid off their mortgages.
That means the majority of homeowners have a game-changing amount of equity right now.

How Your Equity Can Help Fuel Your Move
• Be an all-cash buyer
• Make a larger down payment

The First Step: Determine How Much Equity You Have in Your Home

Want to find out how much equity you have? To...

Your Equity Could Make a Move Possible Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now.

Happy National Donut Day! 🍩

What's your favorite donut?

Thinking about buying a home? Consider the long-term wealth-building benefits.
Homeownership isn't just about having a place to live—it's a key to building wealth. As you pay off your mortgage, your equity grows, and any increase in your home's value adds to your net worth.
Just check out how home values have grown since 1991.

Dreaming of a high-end home? Now’s your moment.

The selection of luxury homes has grown compared to last year.

So, if you’re looking for things like a modern kitchen, the latest smart home tech, high-end features, and more, this is your chance to find the home that matches your style.

Looking for expert help? That's what I'm here for.

If you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why.

There Are More Luxury Homes To Choose From

What’s considered the top-end of the market, or a luxury home, will always vary by location. But generally speaking, they’re homes that are valued in the top 5% of any given market. According to a recent report from the Institute for Luxury Home Marketing, the selection of luxury homes is increasing.

There are considerably more single-family luxury homes available now than there were a year ago. In fact, there are even more than there were just a month ago. This means you should have a wider variety of top-of-the-line homes to choose from, each with unique features and styles.

Rising Luxury Home Prices Can Help You Build Wealth

Another important factor to consider is...

The Sweet Spot for Buying Luxury Homes If you’ve been looking for a home at the high-end of your market, but haven’t found the right one, you may have put your search on hold.

🏡 May Market Update! 🏡
Want to discuss how we can navigate this market to your advantage? Let's chat!

Homeownership is more than just a financial decision—it's about satisfaction, stability, community, and finding a space that you can truly make your own.

Ready to experience the pride and fulfillment of owning your own home? Let's chat about your goals.

Buying a home has powerful financial and non-financial benefits. It creates more stability, helps grow your net worth, and gives you an undeniable sense of pride. While today’s market can be challenging for buyers, use these reasons to remind you of why homeownership is so worthwhile. When you’re ready to enjoy all the amazing advantages that come with owning a home, let’s get in touch.

Top Reasons To Own a Home [INFOGRAPHIC] Buying a home has powerful financial and non-financial benefits.

Trying to figure out how much house you can afford? Here’s something to remember.

While it can be tempting to stretch your finances a bit further than you’re really comfortable with to try to make sure you get the house, you want to avoid overextending your budget.

Instead, focus on what you can afford monthly and make sure the numbers will really work for you.

If you’re planning to move, climate change is something you might want to consider, no matter where you are. So, how can you be sure your investment is safe from the elements?

For starters, work with a local real estate agent to understand the likelihood of your future home being exposed to hazards like wind, floods, and wildfires. Your agent will know the area and be able to tell you about the risks you’ll most likely face.

A Home Built to Last

If you’re planning to be in your home for many years, you want to know it’s going to last. One way to think ahead is to work with your real estate agent to ensure the home you buy can withstand environmental hazards. They’re up to date on the most common building and remodeling techniques—like a secondary water barrier on the roof or noncombustible, fire-resistant exterior walls—used to protect homes from the effects of climate change.

Insurance To Protect It

In areas where...

How Do Climate Risks Affect Your Next Home? Climate change is impacting where people buy homes.

Let’s separate fact from fiction.

Despite some recent buzz, mega investors aren’t buying up all the homes.

They’re only buying less than 1% of the single-family homes. And that’s down from the 2% in 2022.

So, don't believe the hype – and if you have questions, I’m here.

Wondering about the future of home prices? Here's the scoop.

Experts forecast a steady rise in home prices until at least 2028.

That means buying now sets you up to gain equity as values climb. But, if you wait, the price of a home will only be higher later on.

If you want to chat about what this means for you, I’m here and happy to help.

There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move.

1. Should I Wait To Sell?

If you’re thinking about waiting to sell until after mortgage rates come down, here’s what you need to know. So are a ton of other people.

And while mortgage rates are still forecasted to come down later this year, if you wait for that to happen, you may be dealing with a lot more competition as other buyers and sellers jump back in too.

That means if you wait it out, you’ll have to deal with things like prices rising faster and more multiple-offer scenarios when you buy your next home.

2. Are Buyers Still Out There?

But that doesn’t mean no one is moving right now. While some people are holding off, there are still plenty of buyers active today.

Nationally, demand is still high compared to the last normal...

Questions You May Have About Selling Your House There’s no denying mortgage rates are having a big impact on today’s housing market.