We've been fairly blessed in Athens, GA over the last few years. While there have been pocket areas of declining values, our market have been more stagnant than declining. And WOW, what a change for the good over the last 90+- days!
Inventory levels are LOW! At their lowest point in over 36 months. Resells are starting to get some attention again!
Prices are stablizing! Even the ares with decline over the past 24 months are rising again.
What does this mean for the buyer or seller?
- If you are shopping, don't wait any longer! Competition is heating up.
- If you are selling, or have wanted to sell but could not afford to lose you equity...now may be the time!
This is the most balanced market I have see in a while, so maybe it is time to take advantage of it.
Happy Real Estate days to all!
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