October 2022

October 2022

  • Jana Hufham
  • 10/15/22

October 2022

 Hi!

October is here and Autumn has officially begun. It's a great time to enjoy nature as the air cools and the bugs go dormant! It's also the perfect time to make our homes cozy and inviting for the 'homecoming' we experience every day as the work day ends and personal time begins. This month's curated articles include:

  • Atlanta's Real Estate Market: An update on our current environment, including statistics through the end of the 3rd quarter 2022. 
  • Fall Home Maintenance: Lawn chores, no-ladder gutter cleaning, chimney sweep coupons, weatherstripping, and a Fall Maintenance Checklist.
  • 2023 Color Trends: All the Colors of the Year to date, from all the best sources, and more.
  • Happy Halloween: Party themes, appetizers, and easy DIY decorations.
  • Atlanta Fun, Seasonal Events, Celebrations and Ideas: Festivals, apples, pumpkins, corn mazes, live music, cycling, leaf peeping, and good sushi. 

If moving is on your mind this fall, or if you just want to toss around some ideas about the future, feel free to give me a call. Your pumpkin spiced latte is on me!

Jana

 
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The Atlanta Real Estate Market

Greater Atlanta's real estate market is showing signs of rebalancing and not feeling quite as competitive as it did in May of this year. Here's what is happening in the Greater Atlanta area (11 counties) ...

  • Homes are sitting on the market a little longer: Average Days on Market in September was 24 versus May at 15 Days.
  • Inventory is increasing: Months Supply of Inventory in September has increased to 2.2 versus 1.3 months in May. 
  • Prices are coming down: The Median Sales Price in September was $400,000 versus May's median of $430,000.
  • Sellers are not always getting their full asking price: The Average Percentage of List Price in September was 99% versus May's at 103.4%.

Greater Atlanta is still a Sellers Market and predictions indicate we'll remain there for the foreseeable future. Remember that a balanced market is 4 to 6 months of inventory. With that said, given the current environment, it is very important for Sellers to price their homes correctly.

Buyers in our area have more inventory to consider but are now dealing with increasing mortgage interest rates of over 7%. Lenders are offering strong buy-down programs and adjustable rate mortgages (ARMs). There are creative financing options for you to consider. 

The Bottom Line: Strategy and planning are more important than ever if you are thinking about entering Atlanta's real estate market. Sellers, if you would like an accurate estimate of your home's value, I can help. Buyers, I know the market, inventory conditions, and work with lenders that will work for you!

The charts below will give you an idea of the statistics closer to your home.

4 Metro Atlanta Counties | YTD through September | 3-Year Trend

Median Sales Price

Days On Market

Supply of Inventory

Sales Price vs List Price

Showings Per Listing

Vacation Rental in Amelia Island

Gorgeous 3 bedroom, 3 bath oceanfront property in private and gated Amelia Island Plantation. It's completely renovated with high-end finishes and furniture. 

Click Here for More Details

 

Fall Home Maintenance

Advice from the Experts
Fall Lawn Chores and Tips on When to Plant Bulbs
From Walter Reeves, The Georgia Gardener: Advice for fall.

5 Types of Weatherstripping Material
From This Old House: A guide to help select the best material for weather-stripping your doors or windows.

Chimney Sweeping and Cleaning
From The Mad Hatter: Experts agree that you should clean your chimney once a year. Here are two coupons!

The 5 Best Ways to Clean Gutters

From Bob Vila: How to clear your gutters of dirt and debris with or without a ladder.

 

2023 Color Collection of the Year
HGTV Home by Sherwin Williams

Interior Design

2023 Color Trends

Every 2023 Color of The Year
These paint predictions, sourced from multiple vendors, include neutrals, soothing blues, and warm earth tones. This link will continue to update so keep checking back.

17 Home Exterior Colors to Boost Your Curb Appeal
First impressions matter!

Happy Haunting!

75 Easy DIY Halloween Decorations for Your Home
🎃  
45 Halloween Party Themes
👻
55 Halloween Appetizers
🦇  
Halloween Party Themes for Adults

 

"Autumn...the year's last, loveliest smile." — John Howard Bryant

Apples

Georgia Apple Festival | Ellijay
Oct 8-9, 15-16 | Food, Race, Arts, Parade
A Guide to Apple Picking
8 Orchards in No. GA & SC

Where to Have Dinner & Catch a Show
From Eater Atlanta | Interactive Map

Let's Take a Ride
9 Kid-Friendly Bike Paths Around Atlanta
7 Great Bicycling Routes for All Levels
12 Pumpkin Patches Near Atlanta
Greet fall, be outside, enjoy the splendor

Top 10 GA State Parks for Fall Color
Waterfalls, hiking, cabins, campsites

Stone Mountain
Highland Games | Scottish Fest | Oct 14-16
Pumpkin Festival | through Oct 30
Play by Day, Glow by Night

Scarecrows in the Garden
Atlanta Botanical Gardens | Until Oct 30

21 Hayrides and Corn Mazes Near Atlanta
Celebrate the season with fall farm fun

22 Best Sushi Restaurants in Atlanta

Walter Reeves: The Georgia Gardener
Your October List of To-Do's
Fall lawn care and bulb planting guides are in the Homeowners section above.

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