Hey Jim,

I'm curious whether you see any evidence in the FMLS reports of differences between the trends for the metro Atlanta area and the other FMLS counties?  Also, as I continue to closely monitor the explosion in in-town condo construction I wonder if you'd share your thoughts on what this most recent report indicates about that particular section of the market?

 As always thanks for the great commentary,

 Laz

This was all of metro Atlanta!  It has pretty much flat-lined across the boards.  When you think about this 2401 sales for a city this size...and all of FMLS areas?  One word comes to mind!  "Disaster!"  I think January showed a total of 41 condos / town homes sold in Area 21.  The new condos in Atlanta?  Pure speculation!  The banks had probably already had committed the funds.

Jim-

w0w. I mean w0w.

I hope the buyers are waking up a bit. I really admire your straightforward, unvarnished presentation.

This is really the kind of information the consumer-and peers-can use.

Here's to greener grass in the spring!

Steve

Obeoman Steven Stearns  Steve that does not even cover the foreclosures!  That is an additional 7600.  You have to identify the facts.  Hey, it's a tough job, but somebody has to do it!

Jim -

Thanks for the info & unbiased analysis.

Man I'd love to buy right now....but I don't think I could sell.

I've got an intown (howell mill exit) townhouse, 2 car garage, end unit, carpet thats a month old, etc I'd be willing to get rid of for less than what others have sold for in 2006 and 2007.....and they weren't end units, didn't have new carpet, etc.

I'm looking to upgrade.  Is it even worth listing?  I'm looking to give a good deal so I can go out and get a good deal on a house in Dunwoody.

Should I just forget about it until the fall?

each home stands on its own merits.  Location, appearance, and condition.  For the time being I would stay put.  No one has a crystal ball.  If you were relocating that would be another story.