appen grocery
Meiller Painting
appen dec 2010 Duplicate

It may be a dry summer for home inventory

May 28, 2013
School is out.

It may not officially be summer but, for those of us parents, summer has arrived with the sounds of, "I'm bored."

It's also the time of year that most people who move into the area or between school districts want their home sale and purchase to take place.

Getting the children out of one school and into the next before registration and sports start up is key.

Two things need to happen in order for this to occur; selling your current home and finding your next. The problem, however, is tight inventory.

At least, for most price ranges.

In North Fulton, if you're priced under $450,000, inventory is very tight.

Which means — if you're not getting offers, then you have other challenges.

From $450,000 to $700,000, it's a more balanced market. Homes priced over $800,000 are when things get softer. There is about 12 months of inventory for homes priced from $800,000 to $1 million. Between $1 million and $2 million, it's more like a year and a half of inventory.

Traditionally, home inventory would climb until July and then slowly decline until next January.

But over the past few years, inventory has traditionally peaked in May.

If this year is no different, then we could be looking at a hot, dry summer.

Hot competition and few homes to fight over.

Bob Strader is a local realtor with the NORTH Group of Keller Williams Realty. Visit his blogs or or email him:
emailEmail Link

Tags: Business News, Community & Outreach

When posting feedback please be respectful. Be nice. :
* required value
Your Name*


Email (not shown on website)*



Identify the animal

Biz Post
Coldwell Banker
Health & Fitness

Sport Performance and Fitness Training

July 29, 2014 | 02:49 PM
AbsoluTbalance provides Sport »
Sports Equipment

Get portable basketball system

July 28, 2014 | 09:37 AM
The company creates new products »

Kid Chess Teachers!

July 27, 2014 | 09:37 AM
After School Chess Teachers, »

Georgetown Pediatrics
appen dec 2010