Tuesday, August 28, 2007
Atlanta Housing Inventory
According to this article in the Atlanta Business Chronicle, there are two and a half times as many houses for sale in metro Atlanta now than there were just a year ago. There are currently 103,000 new and existing homes for sale compared to last year average of 43,000. Despite a growing population, the supply of homes for sale is still rising. This makes for a great buyer's market, putting pressure on sellers to make price concessions to sell their homes.
Monday, August 20, 2007
Atlanta Condo Market
See this report. There may be as much as a three year inventory of condos on the market in "intown" Atlanta