Atlanta Realtors Market Brief April 2017

  Atlanta Realtors Market Brief

A Word from 2017 Atlanta REALTORS® President Bill Rawlings:

“The housing market continues to be strong in Atlanta, reflecting an increase in sales each month for the last two years. We are optimistic that this economic environment will continue with healthy increases in average home sales price and homes closed.”

Seller’s Market

The market remains strong for sellers, as inventory has not yet caught up with current demand.  Numbers in the brief are indicative of good appreciation, and a sign of continued growth.  To append the available resale homes, there is substantial new home construction in progress.  Contact us for assistance in finding the best of the resale homes, and greater insight into the current and upcoming availability within the new homes market.

Advice to Buyers

In order to help assure finding the very best opportunities in a sellers market, it is critical to be fast on your feet.  Your agent should start out by sending you all the listings that fall within your preferred criteria, through which you should pick your favorites and see them as much as a group as you can.  This will give you wisdom toward how the market is in regard to your particular search.  Should you not find what you’re hoping for in that initial group, you’ll want to be very active in seeing the newest listings as soon as they hit the market.

Realizing that in a seller’s market there are likely other buyers looking for homes similar to what you’re looking for is very important.  The simple truth is that the majority of the very nicest, cleanest, most well-maintained, and most aggressively priced homes are sold within a very short period of time after hitting the market.  Great homes can easily be under contract with just a couple weeks, couple days, or even just a couple hours after being listed.  Do not miss those great buys because you want to wait to the weekend to see exciting new listings.  By the time the weekend arrives, great listings have likely already had several visitors, and already under contract.