If you’ve got a home to sell and you’re living in the Metro Atlanta area, you’ve gotten some good news as of today!  The National Association of Realtors released a report on Wednesday showing that home sales rose dramatically in August 2011 compared to August 2010.  Across the country the over increase was 18.6%.  In the Metro Atlanta area the rise was even more dramatic with the increase at 26.2 %.  There are 9 counties that constitute the Atlanta Metro area.

Fulton County Homes:

North Fulton Homes for Sale

South Fulton Homes for Sale

Cobb County Homes for Sale

DeKalb County Homes for Sale

Cherokee County Homes for Sale

While home sellers have reason to celebrate (and many have after selling homes that have been listed for months), not all the news was good.  With the economy still acting like a roller coaster, the report also tells of home prices continuing to fall.  Digging into the details of the report, the Atlanta Journal Constitution found that home prices in the metro area fell by 7 %.  In August of 2010 the median house price was $111,100 and dropped to $103,300 in August 2011.

Forsyth County Homes for Sale

Gwinnett County Homes for Sale

Clayton County Homes for Sale

Henry County Homes for Sale

Fayette County Homes for Sale

Continuing in the more positive vein of the news, it looks as though the sales trend could continue into September.   Home buyers once again have fabulous mortgage rates to work with.  The average fixed rate, 30-year mortgage fell to a record low of 4.09 percent last week, according to Freddie Mac.

If you’re looking to buy a home in the Metro Atlanta area (or really anywhere in the country!), the combination of low mortgage rates and historic lows in home pricing means NOW is the time to do so!  Whether you are looking to buy or sell, you need a great agent to help you and The Anderson Group stands ready to assist you in all your efforts.

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Do you want to know what homes are selling for in your community? Do you want to know how long it takes for the average listing in your community to sell?

Go to www.georgiahomeprice.com and get all the answers you need. www.georgiahomeprice.com is a new tool offered by Tom Anderson and Mary Ann Anderson of The Anderson Group that lets you see all of the active real estate for sale and recent sold real estate in your Atlanta community. Popular searches include Dunwoody, Roswell, Candler Park, Duluth, Springlake, Lake Claire, Druid Hills, Oak Grove, and many more.

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It is a common misconception in real estate that money is made on the sale of a transaction. The value in owning real estate as an investment, beyond is intrinsic value to the property owner or tenants, is most often realized during the acquisition, or “buy side” of the transaction. Whether you are an investor or a homeowner, the best way to ensure your property increases in value is to purchase the property for the right price.

In Atlanta’s current real estate market, this means a potential buyer needs to do their due diligence to determine current property values in the immediate and surrounding area of the potential property. Unlike the stock market, the real estate market is inefficient because detailed information regarding property values is not readily available. This, however, is also the reason why buyer’s of real estate are able to “play the market” and acquire properties at a discount compared with comparable properties.  

Understanding property value as a function of the current market and location is a fundamental component to purchasing property at the right price. If you would like more information about how The Anderson Group can help you find the right property at the right price, please click here.

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Whether you are selling a $125,000 condo or a $2.25 million dollar estate, it is critical to get as much as exposure for your property as possible. In the current buyer’s market, it is more important than ever to get your property in front of as many potential buyers as possible.

We are professional realtors and can help you get your property sold. We set realistic expectations, deliver outstanding results, and employ the techniques and strategies to sell property in a slowing housing market.

Click here to see how The Anderson Group can help you sell your property.

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