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Time to Buy in Atlanta

By
Real Estate Agent with Keller Williams Realty Consultants

If someone asked me, specifically, when would be a good time to buy a home in Atlanta, I could give them a specific answer. I would try to buy a home when:

  • Supply is high
  • Interest rates are low
  • Not in the peak buying season

Hmm, that sounds like right now to me and I'm not the only one to realize it. Sometimes you can look at the market and see some interesting trends. right now, some of those trends are that investors are buying in large numbers. Do you think that they might know something? I certainly do. Another trend we are seeing here is a high number of short sales and foreclosures. That makes for some good buying opportunities as well. What we are also seeing is what looks like the low point for sales comparing months to month from 2006. That means that we should see a swing back towards a sellers market before long. If you sit on the sidelines and wait to hear news reports indicating this, Atlanta homes for sale will already be shifting away from the very strong buyers market we are currently in. So don't wait. Get out now and start shopping. Not in years has a buyer had the leverage this far in their favor and tbhis window will begin closing soon.

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