Currently the Market here in the North Georgia Mountains is fair. Having said that makes us really robust for some other areas of the country. Here is why;
We are still seeing retirees and baby boomers move to the area. The Hope scholarship is very family friendly as well. So we have a real mix of people moving in. Couple that with the expansion of Atlanta and you have growth from many different sectors.
The numbers are interesting. While Atlanta price increases over last year are expected at 1.6 percent the mountains counties are running around 3 percent. This certainly beats the national average. Sales are slower and will probably be off about 20 percent for the year. But what this means is, to me anyway, is that the mountains are fundamentally strong. Our price points are good and the sectors feeding us are robust
A seperate section of the market is Big Canoe. For August we averaged about 240 homes on the market. Sales are sluggish. As Big Canoe is a higher end community one can look at the trouble in the Jumbo market as a reason for the slow growth. As the finance industry sorts itself out as it relates to Jumbos Big Canoe should pick up.
What all this means is if you have buyers and they are looking for mountain property we here work with many referrals. Statistics show that right behind beach front in desireability are the mountains. North Georgia is a very price attractive destination. Expand your market with us and as you are selling your Baby Boomer homes work with us and we will help your valued clients find a great place to live here among us.