Sellers in metro Atlanta offered concessions to buyers in 62% of home sales in the first quarter of 2025 — an increase of about 5 percentage points over the same period last year, indicating another tilt in the real estate market toward buyers, according to real estate brokerage firm Redfin.
The new report found that metro Atlanta has one of the largest concession rates in the country, behind only Seattle, Washington, and Portland, Oregon. It is a reflection of high interest rates and home prices, coupled with economic uncertainty, the study says.
Nationwide, home sellers were giving concessions to buyers in 44% of home sales in the first quarter, close to a high of 45% at the start of 2023, Redfin said in the April 21 report…