"Gee I could have had a V-8!" The biggest mistake in most persons lives is looking back over their shoulder and realizing they made a mistake! It is a great time to buy a home in Atlanta! Don't wake up one morning regretting it! "I should have bought when prices were at rock bottom!" Even for Atlanta real estate professionals with loads of experience, timing the market is almost impossible. Is it the right time to buy? Will prices go lower? Are their better deals out there? What is the rock bottom price the seller will take? Should you buy a new home, resale or foreclosure? Buyer beware! At some point the activity picks up and those great deals are gone while the buyer's are still paralyzed with indecision! The worse thing in life is the kid in a candy store looking at all the candy he/she can buy with that $1 bill! The only problem is that they can only purchase on thing! What will the buyer buy? Will it be the right purchase? Will it be the best possible price? One things for sure, it cannot get much better than this! Rates are great, and the sellers are really willing to deal and have sweetened the pot with updates, paint, granite counters, and stainless appliances! Times a wasting!
There are 83,000 Atlanta Homes for Sale 55975 Detached Homes and 11135 Atlanta Condos and Town Homes
Sales Have Dropped to 2400 Atlanta Homes Sold in January and 386 Town Homes and Condos Sold in Atlanta Jan 08
30 Year Fixed Rate Mortgages are around 6%
There are over 7600 Foreclosures on the market in January!
Many New Atlanta New Home Builders are offering special incentives.
Many Atlanta home sellers are willing to pay your closing costs!
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I'm doing well but I'm not confident that NOW is the time to buy. I believe our real estate values are going to drop further this year. All of my sales in 2007 and so far this year, whether they were my listings, my buyers, or both, were houses and condos that were priced well below the competition, and then sold for an offer that was even lower.
If Atlanta has leveled off, that's great news for us too! I hope you're right!