"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 AtlantaDon'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!

Jim Crawford

 

 

 

 

Subscribe To Our Atlanta Real Estate Blog in a reader

Subscribe Now!

...with web-based news readers. Click your choice below:

addtomyyahoo4Subscribe in NewsGator OnlineAdd to My AOLSubscribe with BloglinesAdd to netvibesAdd to GoogleOutpost

Jim Crawford REMAX

RE/MAX Greater Atlanta  770-238-0122 Direct

Or  888-992-5546 Toll Free Office

Atlanta Real Estate & Atlanta Homes for Sale

 
This post has been included in Georgia Information

12 Comments on Timing the Real Estate Markets! Don't Miss the Boat - The Time to Buy is Now!

FEB
24
2008
423,638 Points 17 Featured Posts Outside Blog

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! 

9:50pm • #1
3 Featured Posts
Hi Jim,   Good post.  This should get people to thinking again about what a great opportunities there are in nearly every market across the nation.
9:51pm • #2
602,698 Points 80 Featured Posts Outside Blog
Lisa Hill (Daytona Beach REALTOR®)  Buyers have to start thinking when is the right time to come back into the market.  Lots of product to choose from, low 30 year fixed rates, and sellers that will entertain offers are key ingredients for buyers great deals!
10:37pm • #3
602,698 Points 80 Featured Posts Outside Blog

 Carol Williams Wenatchee Real Estate  Yes!  There are some great opportunities out there!  It is always smart to keep buyers abreast of inventory levels rates and other activity in the market!

10:38pm • #4
FEB
25
2008
1 Featured Post
Jim, I have been reiterating the same thing to my clients. Regardless of whether you think the market is going to move further down, rates could not be any better, there are tons of properties to choose from, and sellers that are willing to deal...the time is now!
8:43am • #5
602,698 Points 80 Featured Posts Outside Blog

Darryl Glade ~ New Orleans Real Estate  I  agree.  With inflation start up again, and gasoline .75 cents a gallon more than a year ago...mortgage rates will not move lower.  They may go higher shortly.

8:51am • #6
401,262 Points 5 Featured Posts Outside Blog
Jim   Iagree - you could keep waiting and thinking prices will go lower.  That may be true, but they miss all the other benefits of home ownership and then may wait too long anyway,  Karen
3:38pm • #7
602,698 Points 80 Featured Posts Outside Blog

Karen Kruschka - One of the most experienced agents in Northern Virginia  Correct, they have to be selective, and do a lot of research!  Not every deal is going to be a steal or a fantastic bargain!  But selectivley...some of the deal these coming few months will never be duplicated again! 

4:33pm • #8
4 Featured Posts
I've gotta agree with you Jim.  It's a great time to buy and the selection is great as well.  Best of luck.
5:40pm • #9
602,698 Points 80 Featured Posts Outside Blog
Ray Nellum, Fort Smith Real Estate  It is!  But the buyers need someone wiht experience to guide them trhough the minefield!
5:55pm • #10
130,420 Points 2 Featured Posts Localism Sponsor Outside Blog
Ha ha ha, Jim you are too funny! Are you going to go around smacking potential buyers in the head like they do on the V8 commercials?
6:02pm • #11
602,698 Points 80 Featured Posts Outside Blog
Tina Maraj Shah Realtor  LOL! It is one of my favorite lines with buyers.
6:17pm • #12

Leave a response…



(optional)
What does the graphic say?
 
1 Ambassador_large

Jim Crawford ~ Atlanta Real Estate-ABR E-PRO

Atlanta, GA

More about me…

RE/MAX Greater Atlanta

Address: REMAX Greater Atlanta, 1585 Holcomb Bridge Road, Roswell , GA, 30076

Office Phone: (770) 238-0122

Cell Phone: (770) 664-9516

Email Me

Atlanta real estate broker associate, real estate columnist for www.RealtyTimes.com, real estate speaker. Real estate marketing, Internet marketing for real estate, real estate coaching Feedjit Live Website Statistics


Links

Archives

RSS 2.0 Feed for this blog

Find GA real estate agents and Atlanta real estate on ActiveRain.