Athens Georgia | Athens Real Estate Talk

Athens, GA Real Estate Review | 2023

December 1, 2023November 30, 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.

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

June 27, 2023June 27, 2023

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

The Expat and Slaters | Jerry Slater

May 10, 2023May 10, 2023

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,

Buying or Selling a Condo in Athens, GA

May 4, 2023March 24, 2023

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.

Want To Sell Your House? Price It Right.

January 23, 2023

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:

What’s Actually Happening with Home Prices Today?

September 6, 2022

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture.

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

May 12, 2022

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis.

Despite What You’ve Heard, It Isn’t Championship or Bust for Bulldog Fans in 2021

July 19, 2021July 19, 2021

I am a lifelong Georgia fan, and I was born in March of 1981 shortly after the Bulldogs won their last national championship in the Sugar Bowl. Since then, the Bulldogs have had some close calls with another outright title in 1981, 1982, 1984, 2002, 2007, 2012 and the most recent heart break of the 2018 national championship game.

Pay Attention to Property Tax Increases in Athens-Clarke County

May 12, 2021May 11, 2021

As you can see, there has been a drastic increase in property tax revenue over the last 5 years. In fact, that revenue stream has far out paced the other areas of revenue as demonstrated in the graph. This graph shows the real story of our local tax increase which has been $20,000,000 of increased revenue over 5 years

Be a Proud Bulldog in a Pandemic

January 8, 2021

First, let me say how grateful I am that there was a college football season. It is one of the few sports that I am truly passionate about. Years ago, my wife told me I could either be a Bulldog fan or a Falcon fan, but I couldn’t be both. She said there was no way she could let me ruin a Saturday and a Sunday if both teams lost. I like the Braves, but I don’t love them. I don’t follow the NBA at all anymore, and as a Georgia fan college basketball just isn’t much fun. What I can’t believe is how hard so many people worked and sacrificed so that these kids could compete and have a chance to fulfill dreams while also entertaining us. That leads me to my overall thoughts on the Georgia Football Program which is overwhelming pride.