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.