So how's the market?

By
Real Estate Agent with Solid Source Realty GA Ga Re lic. 266576

We get that question all time. I got asked again today and I have to say our market here in Powder Springs, Marietta, West Cobb county is pretty good.  I know it's good compared to other areas of the country.  Yes, our inventory has grown from last year.  It's up about 20% to an 8 month supply of homes. 

So now is not the time to try to push the envelope on market price.  But we have buyers, we have seller, and nice homes that are priced fairly, marketed effectively, and show well, will sell. 

All in all it's nothing like what you hear on the news.

In the world of real estate prices the Atlanta area is like the tortoise and not the hare.  Some years are better than others but mostly just steady and sure.  Some years appreciation may be only 1-2% some years it may be up 5-7%  but no big roller coasters like some areas.  Most importantly we never realy have a deflation of prices.  I read in the paper a week or so ago that prices in Atlanta are up 4% from last year.

From my standpoint as an agent.... we have buyers and we have sellers and at the end of the day that's a good thing.

 

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Location:
Georgia Cobb County
Tags:
powder springs
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homes
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sales
sold
agent
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real estate
realestate
georgia
ga
cobb county
atlanta

Comments 12 New Comment

Rainer
54,616
Nattalie Cornwall
Metrobrokers/GMAC Real Estate
I get that question a lot as well... and it's true the media makes it appear worst than it actually is...
August 09, 2007 10:23 PM
Rainer
143,765
Gary J. Rocks
Werner Realty

Bob

Sounds like your living in dream land USA, wouldn't mind being there myself. Thanks for the info.

August 10, 2007 12:54 AM
Anonymous #10
Anonymous
Anonymous

It is slow in the Orlando area, our MLS just released the last month's stats...this July had the fewest sales of any month in the past 12 months.  I am keeping busy though.  I could use a few buyers for my listings though :)

Kim

August 10, 2007 06:58 PM
Rainmaker
268,895
Kathleen Lordbock
Keller Williams Realty Professionals
Short Sale & Staging Specialist
The market is down in the Brainerd Lakes area of MN - lots of sellers just not many buyers.
August 11, 2007 04:45 PM
Rainer
7,245
J.R. Quarles
The Mortgage Innovator
Mortgage Executives LLC

 

the market is steady here in Birmingham Alabama... all the fly by night mortgage companies here are closing... this lead to more business for real legitimate mortgage companies...

August 12, 2007 02:02 PM
Rainmaker
216,157

Bob Southard

e-Pro - Cobb, Cherokee, North Fulton
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