Influenced by the still-slow Atlanta market, outlying communities such as Lawrenceville, Georgia are also experiencing buyer's markets, but local Realtors say real value is there due to rapid growth, good schools and quality of life.

"The historic seat of Gwinnett County that houses all of the Governmental Offices for one of the fastest growing counties in Georgia," Lawrenceville has numerous new and resale homes with large lots that vary in price range from the $120's to as high as you would like to go," says Realtor David Antonich. "Gwinnett County has been recognized with award-winning schools, a diversity of businesses, restaurants and entertainment. Lawrenceville includes the historic downtown square, to a new shopping mall located on its western border at Interstate 85."

Antonich suggests, "Housing costs vary, and reflect the variety and diversity that can be found here. Values for single family homes range from the $120's to as much as you want to spend, to townhomes and apartments. Depending on which part of the Lawrenceville zip codes you live in, access to major roads, highways, and Interstate 85 are very convenient. If you would like to live in the middle of one of the best counties in Georgia, Lawrenceville is the place to be located."

Observe Realtors Richard and Debra Moon, "The market has gotten active recently, homes are starting to move at a brisk rate. Interest rates are still at rock bottom. Payments now are at or below rental rates. Now is the time to list or purchase. Our inventory is nearly depleted. There has been a shift from being a strong buyer's market to a more even market."

Realtor Joshua Jarvis says, "Lawrenceville is one of the largest cities in Gwinnett, with access to the best schools in the state and something for everyone. It's home to some exclusive programs for 100 percent financing. In addition, investor opportunities abound. Truly a great place to live."

Jarvis suggests, "Lawrenceville is still experiencing huge growth. Desirable locations are going quickly, while some newer subdivision resellers are having some difficulties competing with new construction. New homes and resales in good locations are moving rapidly, usually less than 60 days before the listing is sold. Sellers who genuinely want to sell are getting good, solid offers while those that are only interested in testing the market are waiting a bit longer. Buyers have many opportunities for financing now, giving them "power" to do many types of loans, from 100 percent financing, to interest-only loans. If you were ever thinking of moving into a new home or moving up from an old home, now is the time."