Lombardo Home Group August 16, 2022


Let’s Talk about Past History. And the Future in 2022 (2022 First Quarter Update)
I have been following our local market on a daily basis since I got licensed in 2015. I am deeply dedicated to being a student of the market and keep an eye on market nuisances and trends to guide my clients well. In my opinion, I think we will start neutralizing by end of summer so if you are on the fence, the window is starting to close to squeeze maximum equity out. I am starting to see little tics in the market to indicate that it is coming. Right now, Multiple offers well above the asking price and offers with all contingencies (Due Diligence (Inspections), finance & appraisal) are waived are the norm and those will start to subside by year end. Rising interest rates will slow that 2 year trend in the market. 
The market flip (from a seller’s market to a buyer’s market) will occur when inventory sits again. Then, be prepared to have to do more updates on your home to be competitive and expect the list of repairs from your buyer to return – and, it will take longer to sell your home when you have competing inventory at all times. Ebb and flow, ebb and flow….normal market cycles so nothing to worry about. Call me for an analysis or to discuss this data further!

Recent Blog Posts

Stay up to date on the latest real estate trends.


Susan Lombardo  |  February 8, 2024

When is the right time to contact your trusted Realtor?

8 Ways to Conquer Buying & Selling Your Home at the Same Time

Susan Lombardo  |  June 26, 2023

Relocating from one home to the next requires talent and precision, and here are eight ways to ensure a successful transaction.

Why Your Realtor Needs to Be a Master Marketer

Susan Lombardo  |  June 26, 2023

Learn all about why marketing is an essential skill for any good real estate agent.

Suwanee Real Estate Market Forecast 2023

Susan Lombardo  |  June 26, 2023

A comprehensive guide to the Suwanee luxury real estate market.

Little-Known Ways We Use to Attract More Open House Guests

Susan Lombardo  |  January 30, 2023

Drawing guests to your open house is essential for getting your property off the market.

Improve Your Initial Offers by Making These Changes When Selling Your Home

Susan Lombardo  |  December 4, 2022

Modifications can attract more buyer interest.

Are You Ready to Buy Your First Home? Find Out!

Susan Lombardo  |  November 6, 2022

What to consider before starting your home search.

Susan Lombardo’s Ultimate Guide to Selling Your Home in Suwanee

Susan Lombardo  |  September 29, 2022

Some expert ways to navigate the selling process include first tidying up and staging your home.

Susan Lombardo’s Complete Homebuying Guide For Alpharetta

Susan Lombardo  |  September 11, 2022

Buying a home can be a long process unless you’ve prepared in advance.

Work With Us

We are dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact us today to start your home searching journey!