Metro Atlanta, Gerogia Real Estate Market, North Georgia, REO Sales

Cartersville Georgia . Housing Market.
November 27th, 2007 11:33 AM

Hi

I just got back from a trip to my parents home in SC for the thanksgiving week. It was grewat to get out of town and be someplace else. I moved to Cartersville, GA several years ago form the big City of Atlanta, GA. Cartersville is just a short dive north on I-75 45 minutes or so .... I found this great little town on one of my weekend outtings and find it to be just the place to call home. Since I moved here  the town has grown and grown... The Bartow County is now considered Metro Atlanta. The housing market is still doing okay in new home sales but the re-sale market has slowed way down. I am sorry to say that the housing  market will stay this way into 2009 I have seen home values drop up to 6% from what they were last year. It is just correcting itself. I feel that the market had to go through a correction.

It is still a BUYERS MARKET and do not understand why Buyers are not out there buying...... There are over 110,000 homes on the market in the metro Atlanta area that is a 9-12 month inventory. If you are thing of buying ...Now is the time. I work the metro areas and know what is out there and I am seeing homes that are priced below the market values and builders are making great deals to reduce their inventory. So lets get out there and BUY a home.


Posted by Mark Kimball on November 27th, 2007 11:33 AMPost a Comment (0)

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