HUD and the U.S. Department of the Treasury released the March edition of the Obama Administration's Housing Scorecard. Nationally, the numbers continue to reflect how fragile our housing market is overall. The report showed dips in home sales and prices. The continuation of foreclosures is keeping home prices depressed. Locally, we saw a 10 percent decline in sales March 2011 compared to one year ago.
NUMBER OF HOMESSINGLE FAMILY DETACHEDMARCH 2010 - MARCH 2011
AVERAGE PRICE PER SQUARE FOOTSingle Family DetachedMarch 2010 through March 2011 The gain in home values continues to struggle in (0 comments)
report: ATLANTA GA - JANUARY 2011 MARKET REPORT
- 03/11/11 08:00 AM
ATLANTA MARKET REPORT (January, 2011) The number of homes sold was down according to Trendgraphix when compared to January a year ago. This is hopefully not going to be an indicator of things to come for 2011 in our local Atlanta real estate market. As the graph indicates, 41,516 units sold in the month of January, 2011 which is down approximately (-) 0.05% from January 2010. NUMBER OF HOMESALL SINGLE FAMILY HOMES (DETACHED & ATTACHED)January 2010 through January 2011
Home pricing in the Atlanta market did begin to stabilize in 2010 - not appreciate - but stabilize. Despite (0 comments)
NOW IS THE TIME!!! HAVE YOU WONDERED IF HOMES ARE SELLING IN THE ATLANTA MARKET? OF COURSE THEY ARE! HOW ABOUT GWINNETT COUNTY SPECIFICALLY?ABSOLUTELY! IS SUWANEE SURVIVING IN THE CURRENT REAL ESTATE MARKET? YOU BET!!!! HOME PRICES ARE STABILIZING.....AND, INTEREST RATES ARE 3.99%. IF YOU HAVE BEEN STRADDLING THE FENCE WAITING FOR THE RIGHT TIME TO BUY.....NOW IS THE TIME!
Come to My House:MySuwaneeHome.com (0 comments)
report: ATLANTA GA - May 2010 vs. May 2009 MARKET REPORT
- 07/05/10 05:58 AM
The results for the Atlanta real estate market were mixed for the month of May. The number of homes CLOSED were up; and the speculation, of course, is this is a result of the First Time Home Buyer Tax Credit coming to an end. And with the end of the tax credit we see PENDING sales are down. According to Steve Palm with Smart Numbers "under contracts for all single family declined almost 22% in May 2010 vs. May 2009." (June 20, 2010). The Atlanta real estate market continues to struggle. However there is, as you will see, a substantial dip in the number of foreclosure (0 comments)