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Buying a Home in the Atlanta Area

By
Real Estate Agent

In today's market many home buyers are still wondering if they should buy a home or not. Whether you are buying a home in Marietta, Roswell, Alpharetta, Sandy Springs, Dunwoody or any other cities in the Metro Atlanta area you need to keep these points in mind: The basics in home buying still rule. Supply and demand are still the foundation of prices. The inventory in the 3rd quarter of 2011 has been 39% less than the 3rd quarter of 2010. That is a hug point to keep in mind. Months of supplies has been shrinking, too. With keeping those two factors in mind and adding the advantage of low interest rates on top, buying a home today can actually make sense! What is important is that each point increase in interest rates limits the power of purchasing. To give you an example: If you are buying a home for $400,000 each half a point increase, lowers your purchase power by $25,000!!

This should give you some basic information on buying a home in the Atlanta area. You can also, get in touch with me to get more information on this and on considering buying or selling a home.

 

Kami Pyvand

Cell: 678-665-1211

www.KamiPyvand.com