Stewart Finley, Realtor

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06/16/2025

There are nearly 500,000 more home sellers than buyers nationally, which is putting downward pressure on prices and increasing the number of unsold homes.

In Atlanta, 1 in 5 home sales is being canceled, reflecting buyer hesitation and affordability challenges.

Affordability & Costs

The income needed to afford a median-priced home has increased 36.9% since 2019, while average rents are up 28.1%. Maintenance, property taxes, utilities, and insurance are making homeownership costlier in many states.

05/30/2025

Pending home sales fell 6.3% in April 2025, with declines in all four U.S. regions. The West saw the steepest drop, followed by the South. Only the Midwest showed a year-over-year increase in contract signings. The National Association of REALTORS® attributes the slowdown to high mortgage rates, despite increased housing inventory.

Existing-Home Sales and Market Trends

Existing-home sales dipped 0.5% last month, reaching an annual rate of 4 million. Sellers are being cautioned against overpricing as buyers remain sensitive to affordability and mortgage rates

03/23/2025
11/25/2024
05/14/2024

Median Home Prices Surge, Increasing Competition in Cuyahoga County as of May 2024
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Want to know which homes you could buy with your current rent?Type your details  and get a quick suggestions.
05/14/2024

Want to know which homes you could buy with your current rent?
Type your details and get a quick suggestions.

Which Home You Can Buy? Type your details and get a quick suggestions.

05/13/2024

Real Estate News | Why Choose a Buyer's Agent?

05/12/2024

Real Estate News | Happy Mother’s Day

Mortgage Rates Hold Steady Below Recent HighsContact me to discuss the latest scoop in real estate!
05/12/2024

Mortgage Rates Hold Steady Below Recent Highs
Contact me to discuss the latest scoop in real estate!

After inflation data led to higher mortgage rates last week, the 30-year average is now slightly cheaper. Rates for most mortgage types saw minor decreases. It's advisable to shop around for the best mortgage option. Factors affecting rates include bond market levels, Federal Reserve policies, and l...

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