Today I showed 15 homes to 3 separate buyers - on top of that I had four sign calls - today was a very good day.  The national Association of Realtors reported this week that we had a 3 month in a row of increased sales activity & increases in the average sales prices and I am thinking that is bringing some of the buyers back out. 

Of the 15 homes I showed 7 were vacant - that number is lower than it has been - and the number of foreclosures and short sales were down to 3 - that is a big drop off.

The Cumming & Alpharetta real estate seems to be heading up - why do I say that - in the metro Atlanta Real Estate market, and the Cumming real estate market as well as the Alpharetta real estate market, will lead Atlanta's rebound (in my opinion).  Why do I say that - well here are some stats I use to judge the market:

Homes Under Contract - June 2008 - 7,248 compared to June 2009 8,001 - that is a great sign - year over year improvement.  That said the weakness in the economy is still a big concern. 

In Alpharetta (areas 13 & 14 in the FMLS) - Homes under contract 06/08 - 299 compared to 06/09 349

In Cumming (areas 221 & 222 in the FMLS) - Homes under contract 06/08 - 259 compared to 06/09 261

Looks like Alpharetta's homes under contract have increased considerably while Cummings has increased just a little - both are stats I am excited about. 

If you want to buy a home in Alpharetta or Cumming - please call me - it is a great time to buy.  Visit my website at www.FosterHomeInfo.com or call me at 770 722-7010.

 
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2 Comments on Cumming Real Estate Update

JUL
26
1 Featured Post Outside Blog

Hi, John, Nice looking report. I hope business continues to be good for you!

12:55am • #1
610,242 Points 80 Featured Posts Outside Blog

The numbers were down too far.  Let's hope it keeps up.

8:42am • #2

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John Foster

Cumming, GA

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RE/MAX Greater Atlanta

Address: 10220 Medlock Bridge Rd, Duluth, Ga, 30097

Office Phone: (770) 238-0589

Cell Phone: (770) 722-7010

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Discussing Real Estate in Cumming Georgia, Homes for Sale in Cumming Ga, Homes for Sale in Alpahretta Ga, Cumming Remax Agents, Alpahretta Remax Agent.


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