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The recent quarter in metro Atlanta real estate

I am about to dig into the stats and charts that Chartmaster Chuck prepares for us every quarter and his recent report through June is really a “tipping point” kind of report.

tipping_point

I picked up on three highlights that I’ll note in this post – look for details in the next few posts.

Highlight #1 – Current Buyer price resistance remains very high due to availability of lower-priced distressed inventory, making high-value initial listing prices essential

Highlight #2 – Unusual opportunity exists for high-value purchases – we see declining prices, distressed property availability is high and anxious sellers are getting it done

Highlight #3 – only 47.4% of all listings failed to sell, that is down a good bit

There is more significant, market intelligence coming to this blog, so stay tuned!

Comments

  1. the markets aren’t looking the best, especially in my area, were a recent report declared that it’ll be some years before we see a full economic recovery. So purchasing a home for investment purposes may not be as fruitful as it once was.

  2. Ron Smith says:

    Thanks so much for the info. Very helpful.

    Ron Smith

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