Atlanta Real Estate Forum Radio

Tariffs, fluctuating interest rates and increasing home prices – what does it all mean for the Atlanta housing economy? Leslie Appleton-Young, chief economist with First MLS (FMLS), joins Host Carol Morgan on the Atlanta Real Estate Forum Radio podcast to discuss the current state of the Atlanta housing market. Pending Sales and Interest Rates Interest rates are not dropping significantly, leading pending sales to be very sensitive. Appleton-Young mentions that 25% of sales are all-cash transactions made by older generations with higher incomes and established equity in their current homes. This affects first-time homebuyers who want to purchase a home but are limited by student loan debt and past inabilities to save. Mortgages are also expected to remain at 6% this year, putting a damper on affordability and market stability. On a larger scale the economy is uncertain, but not yet at a crisis level. Consumers worry about the 10% tariffs; however, they are not “deal-breakers” and are not likely to send the e