METRO ATLANTA MONTHS SUPPLY CONTINUES TO DROP

September 10, 2009

The newest months supply reports became available from SmartNumbers, a real estate tracking service in Georgia, and the numbers show a continuing drop in inventory for metro Atlanta.

METRO ATLANTA MONTHS SUPPLY CONTINUES TO DROP

In Aug., the months supply dropped below 11 months for the first time since 2007, and currently stands at 10.8 months. Months supply declined in all price ranges, especially for homes priced under $125K, which is only 5.3 months. New homes inventory is also decreasing (11.4 months now compared to 14.6 last Nov.).

This proves business is picking up, since buyers want to take advantage of the $8,000 Tax Credit before the Nov. deadline.

Better Homes and Gardens Real Estate Metro Brokers has 28 metro Atlanta and north Georgia offices and offers a wide range of real estate services including residential and commercial sales; pre- and post-license training; corporate relocation; new home sales and marketing; and insurance, mortgage and title/closing services.

The company is the largest Better Homes and Gardens Real Estate franchise in the world and has more than tripled in size over the last five years with almost 2,300 licensees, making the company the largest license holder in the state of Georgia. BHGRE Metro Brokers is also the number one selling broker in metro Atlanta and north Georgia.

To contact BHGRE Metro Brokers, call 404.843.2500 or click contact us