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.