I will have the Market Report for Gwinnett County in the next day or two, but I thought I would leak a little of the information.
- New Listings are quite close to last year… 1991 v 1993 new listings.
- Pendings are slightly higher than last year… 721 v 705 pendings… that is up 2%.
- Days on Market seems to be stabilizing a little compared to the previous year…
I am still going over the data, and honestly, those things sound better than they really are, but they are also not as bad as I expected. Of course, once again this is the time of year we got nailed with the Sub-Prime Mortgage Meltdown last year… and the Credit Crisis hasn’t had a chance to really get rolling yet.
When the October numbers come out, I am expecting a downturn… but I have been getting a lot more calls on listings the last few days… I don’t know how things will shake out. I just guess.