What’s Going on with Home Prices? Ask a Professional.If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market.
That means, moving forward, home price appreciation will continue to vary by location, with more significant changes happening in overheated areas. Here’s a quick snapshot of what the experts are saying:
Danielle Hale, Chief Economist at realtor.com, says:
“The major question on the minds of homeowners and aspiring buyers alike is what will happen to home prices. . . Soaring prices were propelled by all-time low mortgage rates which are a thing of the past. As a result, home price growth is expected to continue slowing, dipping below its pre-pandemic average to 5.4% for 2023, as a whole.”
Mark Fleming, Chief Economist at First American, says:
“House price appreciation has slowed in all 50 markets we track, but the deceleration is generally more dramatic in areas that experienced the strongest peak appreciation rates.”
Taylor Marr, Deputy Chief Economist at Redfin, says:
“For those bearish folks eagerly awaiting the home price crash, you’ll have to keep waiting. As much as demand is pulling back supply is as well reducing downward pressure on prices in the short run.”
John Paulson, Founder of Paulson & Co., says:
“It’s true – housing may be a little frothy. So housing prices may come down or they may plateau . . .”
What Does This Mean for You?
The best way to get the answers you need is to lean on a local real estate advisor. They’ll be able to explain the latest trends in your specific market so you can make a confident and informed decision on your next step toward buying or selling a home.
Bottom Line
If you have questions about what’s happening with home prices today, let’s connect so you have the latest on our local market.
![Tips For First-Time Homebuyers [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2022/10/13123748/20221014-MEM-1046x2153.png)
Tips For First-Time HomebuyersSome Highlights
- If you’re trying to buy your first home in today’s housing market, you’ll want to know what you can do as mortgage rates rise and inventory stays low overall.
- Connect with a lender to get pre-approved, prioritize your wish list, consider condos, and expand your search radius.
- Your first home is out there. Let’s connect to explore your options and what other first-time buyers are doing to find their homes.
What Are Experts Saying About the Fall Housing Market?The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall.
To help you make a confident decision, lean on the professionals for insights. Here are a few things experts are saying about the fall housing market.
Expert Quotes for Fall Homebuyers
A recent article from realtor.com:
“This fall, a more moderate pace of home selling, more listings to choose from, and softening price growth will provide some breathing room for buyers searching for a home during what is typically the best time to buy a home.”
Michael Lane, VP and General Manager, ShowingTime:
“Buyers will continue to see less competition for homes and have more time to tour homes they like and consider their options.”
Expert Quotes for Fall Sellers
Selma Hepp, Interim Lead of the Office of the Chief Economist, CoreLogic:
“. . . record equity continues to provide fuel for housing demand, particularly if households are relocating to more affordable areas.”
Danielle Hale, Chief Economist, realtor.com:
“For homeowners deciding whether to make a move this year, remember that listing prices – while lower than a few months ago – remain higher than in prior years, so you’re still likely to find opportunities to cash-in on record-high levels of equity, particularly if you’ve owned your home for a longer period of time.”
Bottom Line
Mortgage rates, home prices, and the supply of homes for sale are top of mind for buyers and sellers today. And if you want the latest information for our area, let’s connect today.
Wondering where the kiddos can eat for a discount or even free? We did a deep dive to find restaurants in our communities that offer just that! Enjoy a family night out on a budget any day of the week…
*always double check prior to going in case details have changed since latest updates.
7 Tequilas
MONDAY – one free kids meal per family, after 3pm for dine-in only.
5063 Post Road, Cumming
678.455.5965Alessio’s Restaurant & Pizzeria
TUESDAY – free with one adult purchase of $10.00 or more.
640 W. Crossville Road, Roswell (stonebridge shopping center)
770.640.8099
3775 Windermere Pkwy, Cumming (windermere village)
678.513.2903
6955 McGinnis Ferry Road, Johns Creek (lakefield plaza)
770.622.4884
https://alessiosrestaurant.com/American Pasta Factory
TUESDAY – kids eat free
1123 Alpharetta Street, Roswell
470.336.7733
https://americanpastafactory.com/Applebee’s
TUESDAY – kids meals are discounted between .99-cents and $1.99 with adult entree purchase.
504 Lakeland Plaza, Cumming
770.887.1922Atlanta Bread
WEDNESDAY – free kids meal from 4pm to 8pm with adult entree purchase. kids activities also available!
410 Peachtree Pkwy, ste 116, Cumming
678.845.5881
908 Buford Hwy, CummingBabas Gyro
MONDAY – kids 12 and under eat free after 3pm with adult entree purchase.
2310 Ronald Regan Pkwy, Cumming
770.888.8100
https://www.babasgyros.com/Beef O’Brady’s
TUESDAY – kids 12 and under eat free from 4pm to 8pm with one adult entree purchase.
multiple locations, check ahead for updates.Bob Evans
TUESDAY – kids eat free after 4pm with adult entree purchase.
multiple locations, check ahead for updates.Bruster’s Ice Cream
DAILY – free baby cone for children under 40-inches tall.
multiple locations, check ahead for updates.Buffalo’s Cafe
TUESDAY & SUNDAY – kids 12 and under eat free after 5pm (up to 2 kids meals) with adult entree purchase.
1175 Buford Hwy, ste 100, Cumming
470.309.9464
https://www.buffalos.com/Cafe Brazil
SUNDAY – THURSDAY – free kids entree from 5pm to 10pm with adult entree purchase.
https://www.cafebrazil.com/Castleberry Ale House
TUESDAY – kids 12 and under eat free with adult entree purchase.
5446 Bethelview Road, Cumming
http://castleberryalehouse.com/Chick-fil-A
MONDAY – one free kids meal per adult meal during family night from 5pm to 8pm at Dawsonville location only.
231 Power Center Drive, Dawsonville
706.265.4997
https://www.chick-fil-a.com/locations/ga/dawsonvilleChili’s
APP OFFER – download the chili’s app to your phone and you receive free kids meal with adult entree purchases.
multiple locations, check ahead for updates.
https://chilis.com/Cinco Mexican Cantina
MONDAY & TUESDAY – kids 12 and under eat free after 5pm with adult entree purchase.
5755 N. Vickery Street, Cumming
678.341.6962
https://cincorestaurants.com/Denny’s
TUESDAY – kids eat from from 4pm to 10pm with an adult entree purchase.
multiple locations, check ahead for updates.Dickey’s Barbecue Pit
SUNDAY – one free kids meal, for 12 and under, per $10.00 adult entree purchase.
multiple locations, check ahead for updates.
https://www.dickeys.com/locations/georgiaEl Porton of Midway
MONDAY – one free kids meal from 5pm to close per adult entree purchase.
4902 Atlanta Hwy, Alpharetta
678.393.8888
https://elportonmex.com/locations-and-directions/Fresh to Order
MONDAY – FRIDAY – kids meals are .99-cents after 5pm with adult entree purchase.
10900 Medlock Bridge Road, Johns Creek
678.720.9333
https://www.freshtoorder.com/Hacienda Barr & Grill
SUNDAY – kids eat free from 4pm to 10pm per adult entree purchase.
219 Crossroad Blvd, Dawsonville
706.265.0030
549 Lakeland Plaza, Cumming
678.341.9589
https://haciendabarr.com/IHOP
DAILY – kids 12 and under eat free from 4pm to 10pm with adult entree purchase.
920 Marketplace Blvd, Cumming
770.888.2911IKEA
WEDNESDAY – save 50% on kids meals with the purchase of one adult entree
multiple locations, check ahead for updates.Johnny’s Pizza
MONDAY – kids 12 and under eat free from 4pm to 9pm with $10.00 purchase.
2215 Market Place Blvd, Cumming
678.456.3133
https://johnnyspizza.com/location/cumming-town-center/Lenny’s Subs
SUNDAY – one free kids meal per adult entree purchase.
11600 Medlock Bridge Road, Johns Creek
678.368.4725
https://www.lennys.com/Luca Brasi’s Pizzeria
MONDAY – FRIDAY – buy one, get one half-off with weeknight carryout orders.
4335 Bethelview Road, ste 116, Cumming
470.281.5707Miller’s Ale House
TUESDAY – up to two (2) kids eat free.
multiple locations, check ahead for updates.Moe’s
WEDNESDAY – kids 12 and under eat free after 4pm with a minimum purchase of $5.00 or more on a meal.
3280 Keith Bridge Road, Cumming
770.781.0858
https://www.moes.com/Moho Pizza n’ Pub
TUESDAY – kids eat free with dine-in only visits. (restrictions apply, contact location for more details)
657 East Lake Drive, Decatur
404.373.1999
https://www.mojopizzanpub.com/Panda Express
TUESDAY – free kids meal from 5pm to 9pm with purchase of two adult entrees
multiple locations, check ahead for updates.
https://www.pandaexpress.com/Paradise Grille
WEDNESDAY – kids eat free
3605 Sandy Plains Road, Marietta
https://www.paradisegrille.net/Peace, Love and Pizza
WEDNESDAY – kids eat free
multiple locations, check ahead for updates.
https://peaceloveandpizza.com/Pepperoni’s Midway
WEDNESDAY – kids make their own pizza for just $5! (includes drink, pizza crust, cheese, sauze, pepperoni and a cookie for dessert.)
THURSDAY – kids 10 and under eat for .99-cents with each adult entree purchase. kid friendly activities also available!
5063 Post Road, Cumming
770.663.3903Public House 28
MONDAY – kids eat free
2030 Bolton Road NW, Atlanta
404.600.8062
https://publichouse28.com/Rick Tanner’s Grille & Bar
MONDAY – kids eat free after 4pm with adult entree and drink purchase of $10.00 or more. This excludes kid’s rib dinner. It’s also family bingo night!
5810 Bond Street, Cumming (vickery village shopping center)
770.205.5512Sid’s Pizza
MONDAY & WEDNESDAY – one free kids meal with purchase of a medium or large pizza for dine-in visits only.
2631 Peachtree Pkwy, Suwanee
678.319.4288
https://sidspizza.com/Stars and Strikes
TUESDAY – one free kids meal for children 12 and under after 6pm with the purchase of an adult entree of $9.99 or more.
133 Merchant Square, Cumming
678.965.5707Steak & Shake
SATURDAY & SUNDAY – kids 12 and under eat free with $8.00 purchase.
2611 Peachtree Pkwy, Cumming
678.965.4722Suburban Tap
MONDAY – one free kids meal with purchase of an entree.
1318 Johnson Ferry Road, Marietta
770.977.4467
https://suburbantap.com/Summits Wayside Tavern
TUESDAY – kids 12 and under eat free from 5pm to 9pm with purchase of adult entree and beverage.
525 Lake Center Pkwy, Cumming
770.886.4374
https://cumming.summits-online.com/Sushi Matsuya
SUNDAY – kids eat free
2899 N. Druid Hills Road, Atlanta
404.321.1605
http://sushimatsuyaus.com/main/Taqueria Tsunami
TUESDAY – kids eat free
multiple locations, check ahead for updates.
https://taqueriatsunami.com/locationsTexas Roadhouse
TUESDAY – kids meals are discounted to $1.99 from 5pm to 8pm for dine-in only visits. Kids activities are also available!
510 Lakeland Plaza, Cumming
770.844.7402The Big Ketch
MONDAY – one free kids meal for each adult entree purchase.
3279 Roswell Road NE, Atlanta (buckhead)
404.474.9508
https://www.thebigketch.com/Tin Drum
SATURDAY & SUNDAY – one free kids meal per full price adult entree purchase.
410 Peachtree Pkwy, Cumming
678.965.5915
https://tindrumasiankitchen.com/Tin Lizzy’s
WEDNESDAY – kids eat freeVarners Tavern
FRIDAY – kids eat free with adult entree purchase for dine-in visits only.
725 Concord Road, Smyrna
678.388.1733
https://varnerstavern.com/Your Pie Pizza
MONDAY – kids meals discounted to $1.99 from 11am to 9pm with adult entree purchase.
Cumming-Brookwood location
470.533.2121Zaxby’s
MONDAY – kids eat free from 5pm to 8pm.
West Roswell location
https://www.zaxbys.com/Want to share the link with others or on your social pages? Use this safe and easy link! https://bit.ly/3Q7NETz
Know a restaurant in our communities that isn’t on the list? Submit it to Hello@BrightHomesAtlanta.com
Where Kids Eat Free (or discounted) in Our Communities!
(404) 334-3011