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

According to the latest forcast by the "National Association of REALTORS", over the next few months, existing home sales are expected to hold fairly steady as indicated by pending sales activity. I hope to see a rise in the year and a improvement into 2009. Across the region the pending homes sales index showed the following: South rose 2.3% in november to 100.7 but is still 19.8 % below a year ago. We still have 10-12 month of inventory out there. I still say people are "Locked up from the neck up" and are thinking that they can still get a better deal....The deals are out there now! If you are looking to purchase a home or real estate in general, now is the time. This will not stay a Buyers Market forever. Intrest rates are great and sellers are willing to look at offers. I am telling owners that are wanting to list teir homes...to do so , but they have to price the home right and have their product in top shape. have a great day, write again soon

MJK