Reason # 5 of 7 - Why Now is the Best Time EVER to Buy a Home!

 

Hey, look…it rhymes… supply now exceeds demand and buyers have the upper hand!  You’ve heard the term “buyers market” over and again.  What does this mean?  A balanced market in real estate is one where there is approximately 6 months of home supply.  (Which means it would take 6 months to sell off everything without adding another new listing.)

 

REASON #5 – Sellers are motivated!

 

Since we are really out of balance these days with 11 months of single-family supply (13 months of condo/townhomes), sellers are more committed than ever to doing what it takes to sell their homes.  I mean – who would be selling right now unless they had to, right?  So what does this mean for a buyer?

 

1. Lots of choices
2. Lots of negotiating power
3. Smart sellers fiercely competing by offering great prices and excellent condition

 

However, the trend has been moving steadily back to a seller’s market as inventory continues to burn off.  Today’s motivated buyers need to act now, rather than seeing the buyer’s market in their rearview mirrors.  Wouldn’t you rather buy when there are lots of homes to choose from…or fewer?  The time to buy is NOW if you want to choose the home of your dreams from the best selection you are ever going to get. I guarantee that in the not so distant future, you will have fewer homes to choose from.  I don’t know exactly when that day will come…do YOU?

 

Call me today for a free list of what is available in the area you are most interested in.  Or better yet, for unlimited access to homes for sale anywhere in Metro Atlanta, click here to go to www.FindAtlantaHomesNOW.com!

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JUST LISTED!! Charming 3BR cottage for sale in Morningside/Virginia Highland

Charming 3/2 cottage in a great Morningside/Virginia Highland neighborhood, walking distance from N. Highland shops and restaurants like Alon's, Doc Chey's Rosebud and many more. Stunning master bath renovation with a soaker tub and separate glass shower, double vanity, walk-in California closet. Banquet-sized dining room flooded with light from high quality window replacements. Bright and clean kitchen with adjacent bonus living space for entertaining. Guest suite in finished attic can be used as additional family room. Great stone terrace and grilling area. Low maintenance back yard. One car garage.

Click here for more photos and information on 1287 University Drive NE

UNBELIEVABLE price on 2BR Metropolis condo -- COMING TUESDAY!!!

Deals like this don't come along every day...and it will not last once listed.  Own a 2BR condo in Peachtree's premier address at Metropolis Condominiums for less than pre-construction pricing in 2003!  This is an early opportunity to land this deal before it hits the market on Tuesday.  Opening price will be $225,000, and we will accept the highest bid by Friday.  Call me today for a private tour before it goes public at (404) 604-3148! 

See the full gallery on Posterous

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Easier to find Atlanta homes...NOW!

Are you looking to take advantage of this unprecedented time of low home prices, high affordability ratios and historically bottomed-out interest rates??? Just rolled out a great new site that is SO EASY to use!

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Reason # 4 of 7 - Why Now is the Best Time EVER to Buy a Home!

You’ve heard the old saying “what goes up must come down.”  Well…it works both ways in real estate, and that is why we are described as a cyclical business. 

 

REASON # 4 – Prices are trending back UP!

 

Every major price index is pointing to a housing market that has just about hit bottom and is moving in a positive direction.  In Atlanta, we actually saw a relative flattening of median sales price in the 4^th quarter of 2010 over 2009.  After 30 months of declining values, home prices appear to be stabilizing in nearly every U.S. market – and we will certainly participate here if inventory levels continue burning off at a steady pace.

 

Do you realize that prices are never static?  They weren’t in ’03 and ’05 when they were appreciating at a dizzying pace, and they are not static today.  The reality of it all is that you only have two opportunities to buy; when prices are rising or when they are falling.  If you wait any longer to buy, you might only get to buy while they are going back up!

 

Would you rather negotiate “the right deal” in a falling market or a rising one?  Sitting on the fence and waiting for prices to drop further is OVER!  Don’t be the one to watch the market in the rear view mirror and wish you had acted.  Call me today to find out what’s available in the area you have been watching.

Posted via email from MyHomeIntown.com