Here are the months of inventory for Buckhead real estate in Atlanta, Georgia.
Buckhead Houses
The 17 months of inventory is certainly high, compared to the inventory levels of 2005 and 2006, but as you can see from the chart it's down significantly from the worst period of late 2008 and early 2009.
Obviously, the trend seems to be improving. From a pure anecdotal standpoint, my sales activity has really picked up over the last few months.
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