Posted on August 7, 2017 - 01:33 PM
by Bob McCormick
The NAR's chief economist commented: "Market conditions in many areas continue to be fast paced, with few properties to choose from, which is forcing buyers to act almost immediately on an available home that fits their criteria." Freddie Mac's chief economist concurred, "the spoiler is the lean inventory... nationally, just over five months of supply." Yet he remains positive: "A decade after the Great Recession, the housing market is rebounding. House prices today are higher than they were at the peak in the summer of 2006, near record low mortgage rates have boosted housing demand, and sales volume is robust."
FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free! *Contact Information NOT Shared* How Do I Search For Homes? How do I save listings and Searches for Free Listing Updates? Click Here for More Information
KELLER WILLIAMS REALTY
Alpharetta, GA 30005
Email: firstname.lastname@example.org Over 25 Yrs of Atlanta Real Estate