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ATLANTA MARKET -October 2009 In Review

By
Real Estate Agent with Berkshire Hathaway GA Prop

As usual I am a bit behind the 8 ball on this report; but I always figure late is better than never.

Looking in the rear view mirror at October 2009 and a recap of the October, 2009 report by Steve Palm/Smart Numbers it would appear the month of October provided the strongest year-to-year percentage increase in Atlanta home sales closings since May, 2006.

And the bright, shining light? The Atlanta market housing inventory levels continue to drop giving indications of an improvement in the housing market; but it is my opinion that as long as unemployment stands at 10.2% a continued uptick in the Atlanta housing market may be difficult to sustain.

LET'S TAKE A LOOK AT THE ATLANTA MARKET FOR OCTOBER 2009

 

 

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