Housing Market Update After The GA Winter Storm

Nationally, home sales dropped in February to their lowest level since July of 2012. The drop could be traced to a historically low supply of resale inventory. The problem compounds, when you find your buyer that perfect home, you find yourself contending with multiple offers driving the price over asking. Sellers are recognizing the tight inventory supply, which encourages rising prices when they list their home. Since last July, sales have fallen a total of 14 percent.

Real Estate Market In GA After The Winter StormPersonally, in the North Atlanta Market, we have seen our first quarter rise about 5% from the prior year. We are also noticing tremendous new development from our local and national builders and anticipate a strong summer selling season, once all of the new communities begin to make their introductions. If you are thinking of buying or selling your home, call Deborah at the RE/MAX North Atlanta Home Team at 678-628-8865 or visit us on the web at www.NorthAtlantaHomeTeam.com

North Atlanta Home Team

Remax ON MAIN North Atlanta Real Estate Team Working With The Cities Of Alpharetta, Atlanta, Woodstock, Suwanee, Canton, Virginia Highlands, Cumming And So Many Other Areas Of Georgia. Feel free to visit our Remax Georgia Team Website at www.NorthAtlantaHomeTeam.com. Our website provides you with a wealth of information about Open Houses, Just Listed, Foreclosures to Luxury Real Estate. To have a resource about Neighborhood Profiles, feel free to visit our Remax Real Estate Blog at www.IntownAtlantaHomeTeam.com BLOG.
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