Savannah, Georgia, Realtor Claudia Armbrister, is reporting that with a hefty inventory of homes on the market at this time, market favor is leaning towards the buyers.

She notes that "higher end homes appear to be languishing in this "soft" market." Homes prices to sell and in good condition can see contracts in a few days to weeks, however."

Thinking of investing? The most demand is seen in homes priced under the $150,000 price point. Median home prices are reported near $180,000.

The reasoning for a slowed market? Like many areas of the nation, slowed job growth is a contributing factor.

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Published: December 6, 2007

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