The Real Estate Digest 5/12/25

May 12, 2025

Good Morning! It’s Monday, May 12th. 

Did you hear about the last remaining unit in the apartment building?
It was last but not leased!

In This Week’s Edition:

HOME STATUS
New & Closed Homes Up for Spring

Insight: New homes and closed homes in both Athens and Oconee are up over the past months time showing the increase volume in the spring market.

SPOTLIGHT
Featured Property of the Week

Welcome to 276 Janice Drive, this week’s featured property. This 4-bedroom, 3-bathroom home that has been completely remodeled from top to bottom. This move-in ready property combines classic charm with modern updates, offering a perfect blend of style, space, and functionality. Step inside to discover a spacious and bright interior featuring all-new paint, flooring, lighting, and plumbing fixtures throughout. The beautifully updated kitchen boasts brand-new cabinets, countertops, breakfast counter, and stainless steel appliances, making it a dream for any home chef. The master suite is a true retreat, complete with a large walk-in tile shower in the bath including a dual vanity and large walk-in closet. The home offers multiple living areas including a keeping room, family room, dining room, and a dedicated office, providing flexibility for both entertaining and working from home. The partially finished basement adds even more space perfect for a bonus room, that can be used in many different ways. Additionally, enjoy the large fenced in backyard to enjoy the outdoors!

This is for informational purposes only and should not be considered financial or investment advice. Please conduct your own research and consult with a professional before making any investment decisions.

MARKET CONDITIONS
Inventory Growth Slows

Insight: Inventory is still high, but has started to peak. The days on the market are still dropping in Oconee, but have leveled off in Athens.

NATIONAL
Weekly Noteworthy News

Fed Holds Rates Steady Amid Economic Uncertainty

The Federal Reserve left interest rates unchanged and signaled it won’t make any moves until there’s more clarity on trade and economic conditions. Fed Chair Jerome Powell stressed the uncertainty around tariffs and their potential impact, noting that while risks have increased, they haven’t fully played out yet. Markets had expected a rate cut in June, but after a strong jobs report, those expectations have shifted to July.

Looking ahead, unless a significant recession hits, the Fed is expected to keep rates elevated in an effort to control inflation, even if unemployment starts to rise. For real estate investors and homebuyers, this likely means mortgage rates will remain around there current level until there’s a clearer shift in economic direction.

MORTGAGE RATES
Postponed Tariffs Cause Rates to Rise

Insight: Mortgage remain flat this week with little change. Rates are staying at their level, waiting on the Fed’s action with interest rates.

PODCAST
How to Capitalize in a Buyers Market

This week’s featured podcast is by Bigger Pockets, and focuses on how to capitalize in a buyers market. Inventory is up, demand is down, and sellers are more flexible, making this a prime moment for real estate investors. BiggerPockets CEO Scott Trench and investor Michael Zuber share how they’re taking advantage of 2025’s market by landing deals with price cuts, concessions, and discounts. The episode also reveals the top markets where buyers have the most leverage.

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