Today the Case-Shiller index reports home prices have risen for the second month in a row - which is great news. The report discusses a "glut" of shadow inventory. As a Realtor that sells homes in Cumming, Alpharetta and Suwanee - if the banks are holding back homes in these areas I wish they would release them - our inventory levels are way down - the lowest I have seen in the past 9+ years. The FMLS reports the inventory in Atlanta is around 20,000 homes, well down from the peak of $58K a couple years back.
What do you see in your areas? If you like in South Forsyth or North Fulton do you feel the same way?
If you have a home to sell in Alpharetta, Cumming or Suwanee, give me a call at 770 722-7010 - homes are selling again.