In Covington there are 852 single family homes on sale now in all price ranges. The median comparables sale price for the most recent 3 months is $85,000 versus $90,375 for the prior 7-12 months.
In my opinion, there has never been a better time to buy due to a combination of "for sale" inventory, low interest rates, federal tax credits up to $8,000 for first time home buyers and state tax credits if closed by 11/30/09! These factors will not last forever you can be sure. In Covington, for example the months supply of housing for the current 3 months has dropped to 8.6 from 12.8 in the prior 7-12 months.
Visit my web site at www.DalePearce.com, email me at Dale@DalePearce.com, or call me at 770-265-9534 for additional information and assistance whether you are interested in buying or selling a home.
About Dale Pearce:
Thank you for visiting my Market Conditions Report. I have been a licensed real estate sales professional since 2002 and have experience in residential, investment and resort homes both in Georgia and California. I have extensive experience in sales and marketing through previous experience with a number of major corporations, which included several personal relocations across the U.S. Family and friends brought us back "home" after 27 years being away in other parts of the U.S.
Education, professional associations and technology are important to me. My education includes both a Bachelor's and Master's degrees in Marketing from the University of Georgia and Georgia State University, respectively. I am currently an active member of the National Association of Realtors(R), the Georgia Association of Realtors(R), the East Metro Board of Realtors(R) and the Newton County Chamber of Commerce. I am eCertified by Prudential Real Estate, Inc. and have earned the e-Pro and Accredited Buyer Representative Designations from the National Association of REALTORS.
This unique combination of education, experience and professional associations, coupled with a strong sense of community, family and faith provide a strong set of "Guiding Principles" you can depend on for professional service with honesty and integrity. I would appreciate you calling me to help make your dreams come true in real estate, whether it be for your first home, a dream home, an investment, a resort home or a downsized retirement home.
Sincerely, Dale Pearce
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
