In the North Metro Atlanta Real Estate Market, it seems that sellers have maintained the upper hand. That being said, hundreds of variables are involved that dictate what transpires in a real estate transaction - accurate pricing and area to name a few. Where does this information come from - and how can buyers and sellers obtain these statistics?
The MAI (Market Action Index) provides statistics comparing supply and demand levels for different real estate markets. Home Sellers Continue to Hold Most of the Advantages/Fall 2015 details the tools used to examine real estate trends over a segment of time and how these statistics can be a helpful measure of certain market trends. Also available are statistics that analyze micro markets and appraisal variables. The most important thing to note is that a buyer/seller must educate themselves with their current area and market AND use the available information to their advantage when either purchasing or selling a home.
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