Atlanta real estate activity! In the last week or so the phones calls have started picking up a little and we have started to receive contracts on homes have been sitting on the market for quite a while. This is a great thing. The price range for Atlanta real estate activity seems to be under 300K. We're hoping this is going to spread to the higher price ranges. We have closed one of the listings, and received contracts on 3 others, and have a forth contract coming in later this week. Two of the listings received multiple offers. To me that is a good sign since the Atlanta real estate market in my opinion tends to start with Easter week each year to coincide with early school let out in May in the Atlanta region.
The quality of the offers are different than in the past - more closing costs, and only one full priced offer. It will be interesting to see these offers to closing. The interesting item was that these homes were priced critically to market, had been painted, and one home updated appliances, counter-tops, sinks, painting and flooring. What remains critical in this market is not counting on the sale until it closes. We generate loads of real estate referrals in Atlanta and the primary deal killers are financing, and appraisal. Many Atlanta homes for sale are not appraising in the Atlanta area as easily as last year. Comparable home sales must be within the same community, and have closed within the last 3 months!
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Atlanta Real Estate & Atlanta Homes for Sale





Feeling the same here in Gwinnett, however the price point in northern Gwinnett that seems to be under $250. The $220s are selling like crazy in the Lawrenceville and Duluth And Dacula, the properties in the Stone Mountain, Snellville area seem to be under the $180s. Resale has such high compation with short sales and foreclosures
I'm glad to see there is some positive movement in your market. My biggest challenge still lays in getting them to the table and CLOSED! I will keep my fingers crossed for you!
All the Best!
Kathy Fisher Lexington TN REMAX Realtor
Depending on the lender, some appraisals only go back 3 months here too! Market activity is picking up here too and you're right, you don't count on it closing until it really does!