As the year closes out, one begins to wonder what 2011 will bring. Read three reports....get three different answers. I don't know what the new year will bring in real estate for the Atlanta market, but I think we held our own in 2010.
Short sales took a front seat to foreclosures; and, I think that will be the case for 2011. But if you are a home owner just wanting to sell your house....it can be done and 2010 proved that. The greatest line I heard this year....and, I use it a lot: "It is a beauty contest and a price war. You have to win both."
If you are a home owner in the Atlanta market and you want to make a change, you CAN get your home sold. But are you willing to do what it takes? Interest rates are low! But they aren't going to stay low forever. And as for home values, they aren't coming back any time soon. So the choice is to sit out of the real estate game and miss out on unbelieveably low interest rates and the great deals you can make on the buying end; or, jump in and revel in the deals to be had.....
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