During the month of August 2013, Atlanta home sales prices for single family detached residences averaged $244,297 versus $186, 864 in August 2012. Additionally, during August 2013, Atlanta home sales prices for single family attached residences averaged $182,703 versus $143,216 in August 2012. Houses and condos showed significant gains of approximately 30% from the prior year, a very positive sign. Inventory levels for detached single family homes declined about 4% while inventory levels for attached single family homes declined a whopping 29%, year over year for August. See the Atlanta home sales statistical map that provides insight into which areas of Atlanta are selling the fastest and which areas of Atlanta are selling for the most money.

Atlanta home sales statistics

Having been licensed since 1994, Craig

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Georgia’s Most Expensive Homes for Sale

As of August 13 2013, there are over 1,000 active listings in metro Atlanta over $1,000,000 according to the First Multiple Listing Service. To preview the most expensive homes in the metro Atlanta area, click here.

The following is a guest blog from Jeffrey Heckman and Joanne Rotella with Shelter Mortgage Company and does not necessarily reflect the views of GeorgiaMoves.com

The Shelter Six

1. The recent mortgage rate surge began following a stronger than expected Employment Report released on the third of May. The logic behind the rise was that when the job market strengthens, the Fed no longer needs to manipulate rates down to such a low level.

2. Rates continued to rise following comments by Fed Chairman Ben Bernanke on June 19 indicating that the Fed would probably stop buying bonds sooner than expected. This bond buying program has been the #1 reason rates have been so low for so long.  Since the June 19 meeting, there has been a great deal of uncertainty about when the Fed will actually begin to tighten monetary policy. The result has been tremendous volatility with rates

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FSBO vs Real Estate Agent

With metro Atlanta homes selling faster than Gladys Knight’s chicken and waffles, purchasers thinking of buying and more notably, owners thinking of selling, might be wondering if hiring a real estate agent is a necessity. Nowadays, home buyers can find homes on the internet, set up their own appointments to preview properties and submit pre-printed offers that can be obtained online or at the local office supply store. Likewise, sellers can get a for sale by owner sign, post their property on a number of FSBO marketing web sites and negotiate directly with interested parties. On the face of it, it seems that both parties may benefit by excluding third party interlopers from the

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Atlanta Home Sales Statistics for April 2013 YTD

The above map represents Atlanta home sales statistics for the month ended April 2013 year to date. I felt it useful to compile these figures on a zone map that makes it easier to research which areas of Atlanta are selling fast and for more money. Due to size constraints, I did not post the number of Atlanta home sales for each zone but send us a comment and we can forward you additional information for a particular zone. I hope the map assists you with a metro Atlanta home sale or metro Atlanta home purchase.

       Having been licensed since 1994, Craig Levine brings to your real estate deal a world of experience,

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