Scott Talley

Athens, GA Real Estate Review | 2023

We have found that people have very contrasting opinions on home prices in the current market. Many feel that prices are coming down due to the higher interest rates while others believe that prices are rising due to the low supply of homes for sale.  The truth is, prices are still going up but not as fast they were in 2020 and 2021.  For example, in 2020 the average home price in Clarke County was $258,000. By the end of 2022, the average home sale price was $356,000 representing a 38% increase in just two years.  As of November 30th, the average home sale price in 2023 was $377,000 which represents a 6% increase from 2022 which is more in line with historical rates of appreciation.

Preseason Predictions | Georgia Football 2023

Well, it is that time of year again when the temperature gets hot here in Athens, and everyone is anxiously awaiting the return of cooler air and Georgia football. If you’re reading this, then you have probably read some of my posts in the past.  I am big fan of Georgia football as are many of our realtors at our company, 5Market Realty. 

Top Ten Moments in the Smart Era

As of late, Georgia fans have been blessed to watch their team experience so much success. There have been so many big plays that it was hard to pick just 10 moments and then rank them accordingly.  While some of you will disagree, that’s the fun part.   Feel free to tell me where I got it wrong, but listed below are the Top 10 moments in my view.

Bitty and Beau’s Coffee | Athens GA | Local Business Spotlight

At 5Market Realty, we like to spotlight and support other businesses in our community whenever possible.  In the February issue of Stroll 5 Points, we are spotlighted Bitty and Beau’s coffee which is owned and operated by Mike and Diana Langhorne.  Located on Lumpkin Street between campus and 5 Points

What Do We See in the Real Estate Market Today?

Due to the rapid appreciation of real estate and a higher interest rate climate these days, everyone has an opinion about the real estate market- some good and some bad. The market is different today, but not in the ways most people think. Here are some questions our agents have been receiving along with our response.

The Impact of Inflation on Mortgage Rates

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know.

The Expat and Slaters | Jerry Slater

This month, we are spotlighting Jerry Slater, the owner of The Expat, The Lark Wine space, and the newly opened Slater’s steak house which is located just down the street from The Expat on Lumpkin in the heart of 5 Points. Offering an Italian focused menu, high end cocktails, and a superb wine selection, The Expat has quickly become one of Athens’ most popular restaurants,

What Are the Worst Things About Selling Your Home?

Before you let anyone view your home or even know your home is for sale, it is a good idea to get your home ready for the market and for showings. This can be an expensive and time-consuming task.  Some people in this world can keep their home in immaculate condition most of the time, but your typical homeowner has a hard time

1031 Tax Deferred Exchange

A 1031 Tax Deferred Exchange is sometimes mislabeled as a tax-free exchange.  The initial thing you should understand is that the taxes are deferred, not removed.  This is probably the biggest misconception of a 1031. The term “1031” comes from the section of the IRS internal revenue code where the rules and regulations are outlined.  In general terms, a 1031 Exchange is when someone sells an investment property for a financial gain and instead of immediately paying taxes on the gain,

Buying or Selling a Condo in Athens, GA

When looking to buy a condo in Athens, GA, working with an experienced real estate agent like Scott Talley can be a game-changer. Scott is a licensed real estate agent who has worked in the industry for several years. He has an in-depth understanding of the Athens real estate market, and he can help you find the right condo that meets your needs and budget.

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