ATLANTA REAL ESTATE IN REVIEW
ALL Single Family - Closed Units: 4,125 units
Single family detached: Closed Units —3,564
Condo/townhomes Closed Units —561
- Average condo/townhome price: $186,238 for April closings
- Average single family detached price: $238,496
- Expired listings—6,291 for single family homes in April.
In a recent interview, Lawrence Yun, NAR Chief Economist shared his belief that we have indicators in place for an improved second half 2008. He believes stimulus checks will give an interim boost in consumer spending, high company profits are creating good cash flow and a solid and growing export industry all provide a positive outlook for our economy.