The Market Is Turning!!

 

Smyrna/Mableton – If you have been sitting on the sidelines to sell your home waiting for the market to turn, now is the time you need to at least revisit putting your home on the market.  Inventory levels for the last quarter vs last quarter prior year are down over 29.8% while pending sales are up almost 5.6%.  Supply is down, while demand is up!!  Great news for home sellers.  Its also a signal for buyers to make a decision while interest rates are still low and before demand increases even more taking away the limited supply of homes. Check out the live chart below to see the supply and demand in the Smyrna/Mableton area.

Contact Dan Petersen at Petersen Partners/Prudential Georgia Realty to discuss a sales and marketing strategy to sell your home and get you into your next home! 

www.PetersenPartners.com
678-439-6699
info@petersenpartners.com

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REO Sales on the decline in Forsyth County, while Market Sales continue to rise.

REO Sales on the decline in Forsyth County, while Market Sales continue to rise. imageThe major trend to notice is the steady decrease in REO sales (839 sales), as compared to the steady amount of Market Sales (3,164). With nearly a 4 to 1 margin, this is an indication that the market is getting closer to a correction where banks are moving less inventory, and the market is set to drive the inventory price.

View Full MarketStat Report
http://www2.realvaluator.com/e/9612/-SVf2/D6UI/12757702

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