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The Atlanta Housing Market Gets Some Good News

According to a recent report created by the S&P/Case-Shiller home prices report, the Atlanta metropolitan area has experienced the highest year to year growth since 1992. In the region, home values have grown significantly with current numbers up 16.5 percent from February 2012 to February of this year. The current state of the market is great for sellers, with values increasing, but still great for buyers as well as prices are still lower than peak and interest rates are still low and manageable.

Inventory in the area is depleting, so interested buyers need to bid high and quickly on properties if they are serious about them. Homes trends that used to consist of available homes sitting on the market for months are now off of the market in a matter of days, so you must act quickly to snag the house of your dreams. For owners looking to move, the time is also ideal because they are likely to sell your existing home and get a decent amount to put towards your new one.

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