Current Key Market Statistics
Entire FMLS Area, April 2025 (compared to April 2024)
$515,686
Average Sales Price
+1.3% Residential Detached
24,739
Homes for Sale
+49.6% All Property Types
96.4%
Percent of Original
List Price
6.77%
30-year Interest Rates
April 2025
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Latest Local Economic Update
April 3, 2025
Mortgage rates are stabilizing, home inventory is up, and home price growth is slowing, making it a great time for buyers! With active listings in Atlanta rising 39%, more options are available. Sellers, be ready for more competition, while buyers may find new opportunities in this changing market. Watch Leslie’s full report for today’s updates.
March 24, 2025
The economy faces a complex set of challenges, characterized by inflationary pressures, labor market uncertainty, and the possibility of stagflation. Concerns about a potential recession have intensified; listen in on the latest FMLS Chief Economist has to report.
March 12, 2025
As we transition into the vibrant spring season, we anticipate an active home buying market. In this report, we will unpack key trends and insights for the upcoming months, with a particular focus on mortgage rate movements, housing affordability, and market dynamics.
February 26, 2025
This video is a must-watch if you want to stay ahead in a rapidly changing market. We break down the latest data on rising home prices, increased inventory, and shifting consumer sentiment—insights that are crucial for guiding your clients. Learn how to navigate the challenges of a slowing market and adjust your strategy to stay competitive. Don’t miss out on these key trends that could impact your next sale!
February 12, 2025
With prices for gasoline, eggs, and home insurance rising, and the Consumer Price Index (CPI) up 2.9% year-over-year, now’s the time to understand how these shifts impact your market.
Watch February’s market intel debrief,
January 31, 2025
Unlock the secrets of the 2024 housing market in this must-watch FMLS Market Intel Report! We’re diving deep into the latest data, revealing how local trends stack up against national shifts, and showing you what’s really driving the market. If you want to stay ahead of the competition, spot emerging opportunities, and understand the nuances that could make or break your next deal, this is the update you can’t afford to miss.
Happy New Year –January 16th, 2025
Market Intel Report
As 2025 begins, the real estate market is in a holding pattern, with uncertainty surrounding mortgage rates and their impact on the housing market. Despite initial expectations for further rate cuts following the Federal Reserve’s actions in September 2024, mortgage rates remain around 7%, and the Fed is unlikely to cut rates again until mid-year. Inflation concerns, economic uncertainty, and strong job growth continue to cloud the outlook, affecting both investors and consumers. Early data from January shows signs of a market recovery with more inventory and sales, but the extent of recovery will depend on how consumers adjust to the possibility of higher mortgage rates.
December 18, 2024
Get ready for the final market update of 2024! In this special edition of our intel report, Leslie breaks down the ups and downs of the past year—highlighting the impact of fluctuating interest rates and what to expect as we move into 2025. Our Chief Economist has compiled the key insights you need to navigate the shifting market, offering expert predictions and strategies to help you stay ahead. Take a few minutes to dive into this essential update and set yourself up for success in the new year!
December 4th, 2024
Chief Economist Leslie Appleton-Young discusses the 2025 conforming loan limit increase to $806,500 is a positive development for Georgia’s housing market, offering buyers easier access to financing. However, mortgage rates, a key factor in market activity, are expected to remain above 5.5% through the first half of 2025. Despite a recent uptick in national and local sales, the outlook for housing remains closely tied to future rate movements and inflation trends. Buyers can benefit from strategies like improving credit scores, exploring down payment assistance programs, and utilizing mortgage tools such as the 2-1 buy-down.
November 22, 2024
In this episode of the FMLS Market Intel Report, Leslie Appleton Young discusses the latest market data and trends. The Fed recently cut rates by 0.25% and inflation is showing signs of stabilizing, though some volatility remains. The NAR 2025 forecast predicts gradual housing market improvement, with higher sales and moderating price growth. Key buyer groups include cash buyers, multigenerational households, and single women, despite ongoing affordability challenges. Leslie advises real estate professionals to consider current rates as a potential opportunity and explore financing options like ARMs and down payment assistance for buyers.
November 4th, 2024
Chief Economist Leslie Appleton-Young discusses how FMLS market statistics indicate a stabilizing and strengthening market. With September closings increased by 5.2%, the first rise in some time, and October’s rolling four-week average also rose by 5.2%.
Leslie notes that local data is more favorable than the recent report from the National Association of REALTORS, which indicated a 3.5% year-over-year decline in sales. In contrast, new listings in the FMLS market have increased by 5.2%.
October 10, 2024 FMLS released the first installment of Market Intel.
Chief Economist Leslie Appleton Young discusses the recent 50 basis point Fed rate cut, the first since March 2020, which is expected to positively impact the housing market by improving affordability for buyers.
Mortgage rates have decreased from nearly 8% to 6.09%, though many consumers still consider 5.5% the ideal rate for new home purchases. While new listings in September rose by 12% compared to last year, overall inventory remains below pre-pandemic levels.
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