So is today the day I should sell my house ??

By
Real Estate Agent with Renaissance Realty Group of Keller Williams Atlanta Partners


WHY ? LETS LOOK AT THE NUMBERS 


REAL ESTATE NEWS FOR GA - NOV 2012 STATS
New Listings were down 8.2 percent to 10,376.
Pending Sales increased 36.8 percent to 9,062.
Inventory shrank 29.3 percent to 41,117 units.
Prices turned higher as Median Sales Price was up 17.0 percent to $110,000. 

Days on Market decreased 8.5 percent to 97 days, the twelfth consecutive 
month of year-over-year declines. Months Supply of Inventory was down 36.5 
percent to 5.4 months, indicating that demand increased relative to supply.
The economy is growing but at a glacial pace, and economic growth in 2013 is expected to outpace 2012. Mortgage rates are expected to remain near historic lows through 2015, rents are expected to rise due to low vacancy, and financial situations in Europe, China and elsewhere, believe it or not, have an effect on your local housing market.

In Short -- Sellers now is the time to sell -- Investor now is the time to buy investment properties as they come available
Posted by

If you or someone you know is thinking of buying or selling a home have them give me a call .. we will get it done ...right 

Eric Reid 

Associate Broker

Keller Williams Atlatna Partners
Team Leader 
Renaissance Realty Group

Comments (3)

Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Eric - this is the perfect storm for sellers and buyers. Sellers who lists today might get a higher sale price than if they were to wait till next year. Less competition and high demand equals  SOLD sign in front of their lawn.

Sarah

Dec 18, 2012 12:47 AM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

So true now is the time for seller's to have their home on the market inventory is low less competition for them to sell.

Dec 18, 2012 12:58 AM
Kerry Lucasse
eXp Realty - Urban Nest Real Estate Group - Atlanta, GA
Your Urban Nest Atlanta Real Estate Consultant

Love this post!  We definitely need to get some more sellers on board at the start of the new year, especially in the Intown Atlanta neighborhoods -- the inventory is so low.

Dec 18, 2012 10:06 AM