Happy Friday, all!! The Fed met on Wednesday and delivered positive news for the commercial real estate indsustry, as you'll read in the article below. This news is also positive for residential real estate as interest rates are expected to hold steady for the remainder of 2019 with only one rate hike expected in 2020. This is different from the previous forecast of two to three rate increases this year with several more expected in 2020.
Home prices in Atlanta are still rising but are only expected to rise at half of the rate that we've experienced over the previous five years. With home prices flattening out and interest rates still historically low, now is a great time to buy! It's also a smart to time to sell! Enjoy the article: