🧠 Term of the Week: "Seller Concessions"

What it means: Extras a seller offers to help close the deal — like covering closing costs, repairs, or rate buy-downs.

• Seller concessions help lower your upfront costs.
• They're a signal that sellers are open to negotiation.
• Especially common when homes have been on the market a while.

🧱 BRIK Block: It's like buying a car and the dealer throws in a year of free maintenance. You're still getting the car — but now it comes with less out-of-pocket stress.

📈 Georgia & Atlanta Market Snapshot

• Georgia Median Home Value: $374,500 (+1.1% YoY)
• Atlanta Median Sales Price: $407,000 (flat YoY)
• Median Days on Market: Georgia – 55 days | Atlanta – 47 days

Homes are sitting longer, and sellers are offering more flexibility. Inventory is climbing, and the market continues to shift toward buyers who are prepared and strategic.

• A higher DOM means more homes are sitting — and that puts you in control.
• You can take your time, compare properties, and even request repairs or seller-paid closing costs.
• In today's market, patience isn't risky — it's strategic.

🧱 BRIK Block: It's like pulling up to the lot and realizing the car you want hasn't moved in weeks. You don't just test drive — you name your price. The longer it's been sitting, the more power you hold.

💼 Financing Spotlight: Adjustable-Rate Mortgages (ARMs)

An Adjustable-Rate Mortgage (ARM) is a home loan with an interest rate that stays fixed for an initial period (typically 5, 7, or 10 years), then adjusts annually based on the market.

• An ARM gives you a lower interest rate upfront — usually lower than a 30-year fixed mortgage.
• After that initial fixed period, your rate can increase or decrease based on market trends.
• This can be a smart move if you plan to sell or refinance before the adjustment kicks in.

🧱 BRIK Block: It's like getting a 7-year price lock on your apartment before rent goes up. If you know you won't be there forever, why pay full price today? An ARM lets you keep more cash in your pocket — while still making a power move.

Final Word from BRIK

• ✔️ Sellers are motivated
• ✔️ Rates are working smarter, not harder

This isn't about rushing — it's about moving with intent. Hit us up. Let's figure out what's possible — BRIK BY BRIK.