@pickashleerealtor: Bargain Hunting With Rates Above 7% With mortgage rates holding above 7%, many buyers in Blue Ridge are asking how to make the numbers work while still finding a place that feels like home. Lately, we’ve seen Treasury yields nudge borrowing costs higher, so affordability is definitely top of mind for folks making plans to settle in our mountain community. One approach I’ve seen work well, especially for those looking ahead, is to build in a rate cushion—a recent study suggests planning for a half-point move within 3 months, three-quarters by 6 months, and a full point by the end of the year. If your timeline is a bit longer, there’s often a silver lining: homes in Early-Q4 have been about 5% less expensive than in Late-Q2, with fewer buyers out there competing and a little more room to negotiate. Last month, with around a 5-month supply of homes, buyers had stronger bargaining power—not just on price, but also on closing costs, discount points, or even temporary rate buydowns. While we’re still seeing talk of more Fed tightening, the big picture is about keeping inflation in check, which could eventually help with mortgage costs down the road. My goal is always to help you navigate these shifts with honest guidance and real local insight, so you can move forward with confidence, whether you’re searching for a cabin, a lake house, or a forever home here in the mountains. #georgia #georgiarealtor #georgiarealestate #geogiahomes #georgiarentals #georgiahousing #georgiatoprealtor #georgiatoprealestateagent #georgialistings #georgiabrokerage

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