Friday, April 5, 2013

Homes Are Still "On Sale"

When Compared to 2007 Pricing, Homes Across the Nation are Still "On Sale."

See the below infographic provided by our friends over at the KCM Group/Steve Harney:

So...what does this mean for Atlanta? Prices are still down approximately -33.3% compared to home values in 2007. Nationwide, home prices are still down approximately -27.5% when compared to home values in 2007. It's a great time to buy! But you better hurry! I see some "green" on that map, meaning prices in some cities nationwide are actually up when compared to the 2007 values.

Atlanta was one of the worst hit markets in the nation and will take longer to recover, but if you buy now we can assure you that you will get a better deal today than in 6-12 months because we are appreciating! If you need to sell, get your home on the market now and be a part of the "frenzy" of buying that is taking place. Inventory levels are low, meaning buyers don't have enough to look at, and there are often multiple offers on the table. This is contributing to the appreciating prices. Take advantage of the appreciation. In addition, it's the spring/summer market; it's the best time to sell! We know a good Realtor who can help you buy or sell...hint!

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