Atlanta Real Estate Market Report - North Atlanta Market Report

By
Real Estate Agent with Keller Williams Realty

As a Real Estate Agent that works in North Atlanta, it is nice to start seeing the market getting stronger.  This is good news if you want to Sell your home in 2010 - if you want to Buy a home in 2010 I think there will still be a lot of good deals out there.

Each month a company called Smart Numbers analyzes the data for the Atlanta real estate market and provide the information to agents.  November 2009 was very strong compared to November 2008 (most recent data that is available).   In fact, 3,336 closing in the Atlanta area in 11/09 - this is an amazing 32.9% increase over the prior year - the largest month over month increase since 1996. 

So what caused this increase? Remember it was the stock market meltdown that started in 10/08 and in Nov. 08 there was very little activity.  That coupled with everyone thought the first time home buyers tax credit was going away in November so everyone was trying to beat the 11/30 deadline.  November was a good month for me and my business as was December.  This may be the first quarterly gain we have had once the December numbers are compiled.

There is still a lot of inventory on the market right now - but I am seeing homes that are well priced and that show great are selling quickly.  If you have a home to sell call me at 770 722-7010.  I am always looking for people that are needing to buy or sell homes. 

To view homes for sale visit my website at www.FosterHomeInfo.com

 

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