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Market Conditions for Atlanta, Georgia
Reported by David Antonich, REALTOR, e-Certified
Updated August 26, 2008.
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Current Market Rating: 1
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Buyer's
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Seller's
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Current Price Trend: 2
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Falling
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Rising
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As an active member for both multiple listing services in Atlanta, GA., the opportunities for buyers and sellers in the Northeast area of Atlanta are definitely there. The residential home market for the Northeast area of Atlanta has become a buyer's market on resale homes. Prices have softened from 12 months ago, and buyers can find more flexibility in the seller's terms.
Sellers usually receive approximately 97% of asking price to full asking price depending on the condition of the home and the costs asked for from the buyer. The amount of time a resale home is on the market depends on the area, the condition of the home, and the asking price. Values under the $200,000 range are moving the fastest, with slightly more time added as the value increases. For the Northeast area, the approximate time on the market is eight months for an offer and five nine to close. The resale homes in good to excellent condition that will compete with the new construction still sell well.
Bank financing for fixed reate loans is tight. Buyers with less that a 640 credit score will find loans hard to get and buyers up to 740 will fall into the risk based lending charges, making the loan rate higher. Excellent credit buyers are still sought after by the larger national based lenders. Overall, the lending market is very tight.
So, if you are looking for a beautiful home with great schools and quality life styles please visit my web site at www.ga-realty.com to see first hand what great housing opportunities there are for you.
If you are thinking about selling your home, please visit my web site at www.ga-realty.com to see how I put together individual visual tours for "every" home I list. I have a unique "marketing" package that I provide every listing client. These terrific homes with visual tours provide the quality of life you are looking for in Northeast Atlanta.
Cell Phone - 770-377-6729
E-mail -- ga-realty@mindspring.com
Web Site -- www.ga-realty.com
ZIP Codes: 30078, 30039, 30047, 30048, 30017, 30042, 30043, 30044, 30045, 30046, 30049, 30026, 30029, 30095, 30096, 30097, 30098, 30099, 30515, 30518, 30519, 30003, 30010, 30071, 30091, 30092, 30093, 30084, 30085, 30083, 30086, 30087, 30088, 30038, 30058, 30012, 30013, 30094, 30052
Approximate Location Boundaries: Snellville, Lilburn, Grayson, Lawrenceville, Duluth, Buford, Norcross, Tucker, Stone Mountain, Lithonia, Conyers, Loganville
Location Characteristics: Family/Residential Suburban Area East & North East of Atlanta With Award Winning Schools & Increasing Residential/Family Population Growth
For More Information:
View Market Conditions of other areas served by David Antonich
Navigate: Top > Georgia > Atlanta
About David Antonich:
In today’s real estate marketplace a seller or a buyer needs to have a relationship with their agent that incorporates communication, and trust. They should feel that the knowledge and judgment is there to help them make the correct decisions. I believe that a prospective seller or buyer should take some preliminary time and interview the person that will be assisting them with one of the largest investments in their lifetime.
With over 20 years in sales and marketing I understand the importance of exceeding expectations and providing “enthusiasm and service with every sale”. I go to tremendous lengths to exceed my sellers and buyers expectations on what constitutes a professional real estate agent. I use the latest tools, technology, and marketing to ensure that sellers receive their fullest value for their home from qualified buyers. When a buyer is looking for their new home, they are never “Sold” a property, they invest in the future.
Two or three paragraphs cannot begin to communicate all that you would like to know about and area, a person, or their abilities. I appreciate the time and consideration you have already taken to get acquainted with me, and invite you to find out more. Whether you are a seller or a buyer, it will be well worth a few more minutes to look at my web site to see how I can make your selling or buying experience the “right choice”. Please go to www.ga-realty.com to find out more, or e-mail me at ga-realty@mindspring.com , or call me on my cell phone at 770-377-6729.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
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