Market Update for Atlanta!

INFO THAT HITS US WHERE WE LIVE…The patient approach advocated by the 1st Marquess of Halifax is proving to be the right tactic for mastering today’s housing market. Last week, October Existing Home Sales inched up to an annual rate just under 5 million units.  And, although things appear to be improving only slowly, existing home sales are actually UP 13.5% from a year ago.
Even better, the months’ supply of existing homes fell to 8.0 and inventory is now down 13.8% versus a year ago.  The naysayers jumped on the fact that the median price was also down. But a large portion of October sales came from distressed properties whose prices are heavily discounted.   Although some see this as a negative, it’s what’s needed for inventories to be worked down and for the housing market to recover.

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About tswinslow

Your home is about how you feel when you walk through the front door. How do you want to feel - relaxed and tranquil after a hectic day? Cozy and comfortable in a large great room with a gas or wood burning fireplace? Maybe you want to smell freshly baked cookies coming from your all stainless steel oven? I take a different approach to real estate. My business is built on personal touch, building relationships with clients that last for years. I look for win-win deals and positive results. I have access to the latest technologies, market research and business strategies to exceed your expectations of an agent at Keller Williams. I'll listen and hear what your needs and requirements are and find solutions tailored to you. I like to say "I get it done for my clients". I'll exceed your expectations on follow-up, communication and leverage relationships I have with others (lenders, CPA's, builders, etc) to get it done for you. I am loyal and will follow it through til the end which doesn't just stop at the closing table. I appreciate the opportunity to earn your business.
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