THE MARKET TREND ANALYSIS"The Nitty Gritty" September 29, 2010Counties: Fannin, Gilmer, Union, Towns Residential Single Family Homes
Source: Northeast Georgia Board of Realtors MLS
Basically, I wish my crystal ball was crystal clear, but the long and short of it is we expect a long recovery process which will be slow and home sales will remain soft. Homebuyers are getting fantastic deals over the past year with a large inventory on the market. Over supply and under demand. Buyers continue to (1 comments)
market analysis: North Georgia Blue Ridge Mountains Market Update - August 2010
- 09/23/10 03:42 AM
North Georgia Blue Ridge Mountains, Blue Ridge Real Estate, Market Update for North GeorgiaNational LevelThe pending homes sale index is a forward looking indicator and we saw a moderate increase in August, rising to 5.2% after a significant drop in previous months. We expected the drop after the federal tax credit expired so that in and of itself was not surprising. There is caution in the wind the the recovery of the housing market will be a long, slow process. Home sales remain soft and there continues to be too much supply and too little demand. It may take a decade (1 comments)
National Level (May through June 2010)Source: National Association of Realtors (NAR) Pending home sales index dropped by 30% based on numbers in May compared to April after three months of strong gains. The federal tax credit which ended April 30th, created a big bubble of buyers. Whether the housing market can stand on its own depends critically on private sector job creation. If jobs come back (as expected), we think we will see sustainable home sales by the end of the year. Expectation: Will see a notable decline (4 comments)
market analysis: North Georgia, Blue Ridge Real Estate - Time for a Change
- 10/30/09 04:53 PM
Georgia Real Estate | North Georgia Real Estate | Blue Ridge Mountains | Donna Yates, Realtor Peak leaf season was last weekend (October 24/25) in the North Georgia Mountains and this weekend is time to set clocks back one hour on Saturday night (Fall back). Lots of changes going on right now with transition from summer to fall, leaves turning and daylight savings time ending. So, are there any changes going on in the real estate market, let's take a look:
On the National Level The National Association of Realtors (NAR) who employ many economists report existing sales (9 comments)
There are things you as a seller or a buyer should know: Seller's Agent (Listing Agent)If you want to market your property for sale with a brokerage firm, you will sign a listing agreement which authorizes the brokerage firm to represent you when dealing with buyers. So you should avoid telling the agent anything you would (13 comments)