This might be hard to believe, but, we are now in the process of starting to experience supply and demand problems in the Atlanta metro real estate market.
Months supply saw significant declines throughout the third and fourth quarters of 2009, and 2010 is on pace to continue that trend. In January, the months supply of inventory for metro Atlanta dropped again to 9.1 months according to SmartNumbers, an Atlanta company that provides Better Homes and Gardens Real Estate Metro Brokers with months supply data.
SmartNumbers also recorded a continued increase in closings. Combined with the reduced inventory numbers for metro Atlanta, 2010 is poised for an improved real estate market.
Call me to inquire about the actual numbers in your community or county. I am happy to share the current information with anyone interested in learning the lastest information.
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