February 2024

Greetings!

Guess what? Not only is it the Month of Love, but it’s also Leap Year, which means we’ve got an extra day to shower love everywhere. Are you doing something special with your extra day? Look below for some suggestions!

Atlanta Real Estate: 3-Year Trends for 4 Metro Atlanta Counties

The Business of Homeownership: Tax breaks and deductions for homeowners, saving money on your homeowners insurance, and homestead exemption information.

Love Your Home, Love Yourself: It’s all about creating spaces that nurture you. Here are some ideas for sanctuaries within your home.

Lots to ❤️ in Atlanta: Romantic dining, the Atlanta Jewish Film Festival, lovely winter hikes, the best sports bars, a complete list of concerts in the Atlanta area, a Lunar New Year celebration, and more.

If you are considering entering the real estate market this spring, we are happy to share our insight and knowledge to assist in making an informed decision. And if you know someone else who may be considering it, we would sincerely appreciate the referral.

Valentine’s Day is always a great reminder to reach out to those who matter. So, a special thank you for taking a moment to enjoy and share this month’s newsletter!

The Providence Group

Atlanta Real Estate

3-Year Trends for 4 Metro Atlanta Counties

A SUMMARY FOR SELLERS: If you’ve been waiting to sell because you didn’t want to take on a higher mortgage rate or you thought buyers weren’t out there, the recent decline in mortgage rates may be your sign it’s time to make your move. Of course, it remains important that you price and present your house in its best light. Buyers feeling the pressure of affordability are likely to be pickier, so a well-priced, well-maintained home is the ticket to drumming up big demand.

A SUMMARY FOR BUYERS: Home affordability depends on three things: mortgage rates, home prices, and wages. The good news is, they’re all moving in a positive direction for buyers. The rates are coming down, home prices are predicted to increase through 2028 ensuring increasing home equity, and wages are increasing at a faster pace than normal. Considering the impact that owning a home will have on your overall net worth, the sooner you jump into homeownership, the better.

The Business of Homeownership

Mortgage Interest Rate Deduction

What qualifies for your 2023 tax return? Check out the guidelines for your primary home, second home, points paid, HELOC interest, and other gems.

All the Tax Breaks Homeowners Can Take for a Maximum Tax Refund in 2024

Learn about all the possible tax breaks for homeowners to get the biggest refund possible on your taxes.

Homestead Exemption in GA

If you owned your home on January 1, you are eligible for this exemption (clickable links in this form).

Saving Money on Your Homeowners Insurance

A How-To Guide from the Insurance Information Institute

Three Reasons to Take a Home Inventory

Knowing what you own makes everything easier.

Love Your Home, Love Yourself

Be Your Own Valentine!

Your Bedroom Sanctuary

Everyone needs a relaxing sanctuary after a stressful day (or week…or year, for that matter). It all starts with creating the right atmosphere.

How to Create a Sanctuary at Home

Making your home your happy place is important to your physical, mental, and emotional well-being. Architectural Digest walks you through four simple ways to turn your home into a sanctuary.