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One question we've been getting lately is whether or not our market is slowing down. We are here today to answer just that.
I recently attended a seminar where they told us that yes, the market is slowing down on a national level. What does this mean? Well, there are more homes for sale than there have been, homes are taking a little longer to sell than they usually do, and home prices are being affected as well.
The thing is, the nationwide stats don’t mean a whole lot to us in Atlanta. What we want to know is the stats for the Atlanta market, and from what we’ve seen, we aren’t seeing that slow down quite yet.
Right now, we have 4,000 more listings than we did at the same time last year. We have also sold 8% more homes this year than last. As for prices, they aren’t flattening or slowing down, but remain at a steady, healthy appreciation level.
Selling real estate has always been and will continue to be a price and beauty contest. If your home has been on the market for 30 days or more or you’ve had more than 12 showings, know that you need to look at your price carefully to see if you are still in-line with the market.
If you have any specific questions for us, feel free to give us a call or send us an email. We can’t wait to hear from you!
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