FARMER ’ S markets
THE BEACHAM INSIDER
VOLUME VI , ISSUE II
A BROKER ’ S PERSPECTIVE
Interest rates and Inventory seem to be buzz words this Spring and a topic at most social gatherings .
FARMER ’ S markets
MORNINGSIDE
The Morningside Farmers Market is a producer-only market that features over 25 vendors from the Atlanta area . The market focuses on offering seasonal produce , grass-fed meats , and artisanal foods made with locally sourced ingredients . The market also has a community booth that showcases the work of local non-profits .
BROOKHAVEN
Located at 1375 Fernwood Circle NE , the Brookhaven Farmers Market opens April 1 and will run every Saturday , from 9 a . m . to noon through November . The market offers healthy , locally produced choices to visitors .
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AROUND ATLANTA
PEACHTREE ROAD
The Peachtree Road Farmers Market is a popular Saturday morning destination for Atlanta residents . The market offers a wide range of fresh , locally sourced produce , meats , and artisanal goods from over 50 vendors . The market also features a chef ’ s demo tent where local chefs showcase their culinary skills using market ingredients .
FREEDOM
Freedom Farmers Market is a non-profit market located in the historic Carter Center in Atlanta , GA . The market offers a variety of organic and locally sourced produce , meats , and artisanal goods from over 50 vendors . The mission of the Freedom Farmers Market is to support small , independent farmers and promote sustainable agriculture .
I believe by the end of 2023 , interest rates will be somewhere between 4 % and 5 %, which is healthy for the economy and good for the real estate market . This will occur because inflation is trending downward running about 5 % right now . If it continues to decline at 100 basis points every three months , as it has been , it should be between 2 % and 3 % by the end of the year . This is a tremendous year-over-year decline . With the drop in inflation , and the growth in the economy which is predicted to be at 2 %, the Federal Reserve will be free to bring rates down to a target rate of 4 % to 5 %.
The inventory has increased ever so slightly over last year but not close to the level that is needed to balance the market in Atlanta and the surrounding areas . Sellers that are putting off listing their homes should definitely reconsider their plan , as values are high , and buyers are ready to purchase . A balanced supply is 6 months , and we are seeing months of supply in some areas of less than 1 month and others up to 3 months .
From my perspective if you are contemplating a move , now is the time . It ’ s all about supply and demand .
Nancy Meister
BROKER
404.261.6300 | BEACHAM . COM | 3060 PEACHTREE ROAD , SUITE 100 | ATLANTA , GA 30305
If your home is currently listed for sale , this is not intended as a solicitation of your business . This information is believed accurate and is subject to errors , changes , prior sales and withdrawals without notice . Nancy Meister , Managing Broker . Equal Housing Opportunity .