Wednesday, October 28, 2009

The Latest News on the Metro Atlanta Real Estate Market - 3Q09

It 's the American Idol slide again - The Triers (RED) still think they can sing while the Priced Right (BLUE) are moving on to the next round - the Closing Table! Which are you? Which do you think you are? Where would you like to be?
Shows the effect of of Foreclosure sales on median sales prices. As # of foreclosed sales (red trend line) has increased, the median sales price (gold trend line) of NON-FORECLOSED properties has declined.


Properties that have not sold (Yellow & Purple) continue to be listed at prices that Buyers are rejecting