Number of homes sold in Atlanta, Georgia is up from 2010
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The local Atlanta real estate market measurements turned more positive
during the 2nd quarter of 2011, providing some encouraging
signs.
August 1, 2011
Year to Date sales were a bit higher than in June of last
year even though government incentives stimulated sales during early 2010. Still, ample evidence remained that the
market has not yet turned to growth in many other aspects.
Distressed sales represented 4 of every 10 sales during the
2nd quarter of 2011.
Motivated sellers must adapt to the current condition by offering their
properties at a high value compared with competing properties, including these
distressed properties, in order to sell at a reason percentage of their asking
price.
In the meantime, buyers have the opportunity to buy
high-value properties at unusually attractive prices. These properties exist in all price ranges
and may become the catalyst needed to finally start a recovery.
If you want to take advantage of the low prices call Kelly Marsh at 678-576-7075