Will home prices drop in 2022 in Georgia?
Will home prices drop in 2022 in Georgia? This market is expected to continue to grow in 2022 after home prices rose 25% this year to an average of $325,000. This $55,000 increase in value along with homes selling five days faster, and 2% fewer homes available, ensure this market will continue to surge into 2022.
Is Richmond real estate a good investment? As a city on the rise, Richmond has seen a surge in real estate investing over the last few years. Renters and buyers alike are on the hunt for quality homes, and savvy investors are meeting that need — often at great financial gain.
How is the housing market in Augusta Georgia? Home values in Augusta have increased by 20.0% over the last year. Since 2017 home values in the Augusta metropolitan area have increased by more than 76%. Median listing home price in Augusta $215,000 based on the most recent report from Realtor.com (April 2022). Median listing price per square foot $124.
Is buying property in Georgia a good investment? Housing costs that are below the U.S. average, low taxes, and an affordable cost of living make Georgia a great place to live and invest in real estate. The most recent numbers from the Georgia Association of Realtors (GAR) speak for themselves.