metro Atlanta Real Estate & Quick Economy Update

 

Hey gang!  Real quick, 

The Case-Shiller Home Price Index rose to a seasonally adjusted 1.4% in June making this the 2nd month in a row to see an increase AND it was broad based as prices rose in 18 of the 20 cities used in the survey.  Good news for housing.  New home sales for July were reported higher and better than expectations.  Adding to the positive tone of the report was a drop in home inventory, which now stands at a 7.5 month supply, down from last month’s 8.8 month reading.  More good news for housing. 

Despite the good housing news, rates remain unchanged this week.  But home buying is still brisk for 1st time buyers as the deadline for the tax credit approaches.

This week rates bounced around the 5% mark depending on credit and points.

Buyers – the time is now.  Sellers – same to you!  The Buyers are out & in droves so if you can reach your goal to be the best looking home & priced competitvely, statistics show your metro Atlanta home will sell in proximately 25 days for 96% of list price!

If there’s anything we can do to help you, your friends, family or co-workers, we’re only a call away.

Your next move is our business :-)

Aaron & Kelly Allen | Your Neighbors.  Your Real Estate Experts.

The Kelly Sells Atlanta Team of Keller Williams Realty

Click here to SEARCH ATLANTA HOMES FOR SALE!
Click here to SEE WHAT HOMES IN YOUR NEIGHBORHOOD ARE SELLING FOR!

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