Georgia’s housing market still highly desirable

Brought to you by – Wesley Hansard, Harry

Norman Realty

As we enter 2023, Georgia’s housing market continues to be desirable as our state attracts individuals and businesses. Now the 8th most populous state, Georgia was the 4th highest state for population growth last year. These movements continue to create economic activity and demand for housing, supporting a solid housing market.

This growth will help fuel on-going demand for housing in 2023, a positive if you are considering selling your home. For buyers, we anticipate inventory to remain lower than historical averages, though not as drastically low as we have seen over the past couple of years. The potential impact of rising mortgage rates will be top of mind for buyers.

Regardless of where interest rates move in 2023, Georgia and Atlanta are the place to be. The National Association of REALTORS® recently named Atlanta the No.1 Market to watch in 2023. To get a better understanding of your opportunity, reach out today for a market update specific to your situation. We’ll provide what you need to make 2023 a real estate success.