Needs and Wants V. Inventory!

Reblogger
Real Estate Agent with Bucci Realty, Inc. BK3064647

Many markets are experiencing the same thing as Richard Weisser describes in his Newnan, Georgia market.

The inventory of available, move in ready homes is shrinking with the choices limited.

If one is planning to buy in many markets it will be a matter of evaluating "needs" and "wants" and coming to the realization it is likely going to be "we will make this one work."

Please leave comments on Richard's original post.

Original content by Richard Weisser

Needs and Wants V. Inventory by Richard WeisserPotential home buyers in Coweta County Georgia must first face one stark reality:

There are less than 650 single family houses listed for sale on the MLS. There are also currently 250 house under contract.

This translates to slim pickings in general, and as each additional criteria is applied the number of homes available for sale drops dramatically.

For example, if you want a single level home with a full basement from $200,000-$250,000 there are only three that are available as of the date of this article. If you want one less than 20 years old there are NONE!

In times of low inventory buyers have only two choices:

Wait until a house that meets their needs and wants shows up on the market OR:

Modify their needs and wants and compromise.

 

Sellers take note! It’s a great time to sell in Coweta County GA!

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All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.
Learn more about Coweta County and Fayette County Georgia Real Estate, and to search the entire Georgia MLS for free with no registration required. Visit CowetaFayetteRealEstate.com! Photos of the Great Smoky Mountains National Park. North Georgia Photos.

 

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Posted by

Gary L. Waters, is a Florida licensed real estate broker associate with Bucci Realty, Inc. in Melbourne, Florida.  

 Call or text me directly at 321-693-3850.

 

 

 

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Comments (1)

Andre R. Aragon
Greater Tampa Real Estate Photographer - Tampa, FL
Real Estate Photographer

Hi Gary - I learned that inventory here in the Tampa area is also quite low. Perhaps we will see strong increases come Spring.

Jan 17, 2014 11:04 PM

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