Leave a Message

Thank you for your message. We will be in touch with you shortly.


Lombardo Home Group August 16, 2022


Happy New Year! It’s time to talk about what the markets are projected to do in 2022! A few weeks ago, I attended an annual conference where we discussed that. What do the national economists say will occur in the housing market? In short – there is no bubble and no crash coming. It will follow 2021 trends and continue to climb in home values – but, it is expected to normalize. The biggest misconception is that “normalize” does not mean a drop in prices in these strong market conditions.
We have been experiencing a 15 year high on home values and the Atlanta market overall is up 16-18% year over year. On a more local scale, we have been experiencing a surge in home value since 2019. In 2020 & 2021 we experienced banner growth years and we were long overdue for that UPWARD market correction. It came in strong spikes & surges – but, these values are here to stay.
COVID has changed where and how we work. Many homeowners no longer need to live by their office and are moving almost anywhere they desire. More than 45 Million millennials are projected to be buying their first homes this year, young buyers still need more space as their family grows & empty nesters are still downsizing. The second home & investment home market has taken the largest hit with higher rates and higher fees to purchase.
One of the best indicators of the market is interest rates. In January 2021, mortgage rates were in the low 2% range and dipped into the high 1% range by mid-year. (I actually refinanced my own home last year for 1.9% for 15 years – just unbelievable!) Three rates hikes are expected this year and will rise and settle around 3.6% – 3.7%. In short, when the rates rise and inventory normalizes, the intense multiple offer scenarios will begin to ease down.
I am a constant student of the market and love to talk about all things real estate. Give me a call at 678-478-7868 for source information, if you are curious about your own home value or are curious about “best timing” for your own personal financial goals.

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!