Many agents are asking me lately why things are so dead, but to my relocation...July has always been a very slow month for real estate sales in Georgia. Since we no longer have large groups of buyers relocating in we are now forced to deal with a local market. The local market is always dictated with he ending of one school year, and the beginning of the next. Since summer vacations are in full swing, and to start the month everyone is out of town for the 4th of July..The Atlanta area is pretty much a Ghost town!Atlantan's are probably soaking up the rays at Alpharetta on the beach in Destin Florida this time of year! The other item that makes a case for slow sales in July in Atlanta...is that school starts here early in August. Persons that wanted to purchase before the school year begins have already purchased. The school year official begins with the first day of school in Fulton County on August 10th. So if a person want to buy a home...this is the week will if they want to close it within 4-5 weeks.
I guess this is a bit encouraging. I moved to Lexington last fall and have had a very productive spring and have two transactions I am working on currently. However there is not much in the pipeline so I am concerned about the future months.