Two years ago, I was looking at foreclosures. There were several bad headlines, and I took a moment to look a little deeper.
Two years ago, I was looking at foreclosures. There were several bad headlines, and I took a moment to look a little deeper.
We actually have been busy building FaceBook Pages for a couple of aspects of our business and community. And we’d love for you to stop in and say Hi…
Market stats for Lilburn, March, 2010, indicate that there are 419 properties on the market (as of March 31st). Overall, there is about a 15.3 month supply of properties, with a slowing in sales since December. That is fairly normal for the winter season. March sales were up compared to 2009, though.
Preliminary stats for Duluth, March, 2010 indicated that there were 618 properties on the market. Overall, there is about an 14.3 month supply of properties, with a marked deceleration in Absorption Rate. However, sales in March were 59, compared to 44 a year earlier.
The Federal Tax Credits for First Time Home Buyers and Move-Up Home Buyers expired on May 1st. I am writing my market reports for several cities in Gwinnett County, as well as the one for Gwinnett County, GA. And there are a lot of theories on how the expiration of the tax credits will affect the market.