Last year I wrote a post about the dangers of Seller Financing. The particular danger of a year ago hasn’t come to pass… but it hasn’t gone away, either.
Last year I wrote a post about the dangers of Seller Financing. The particular danger of a year ago hasn’t come to pass… but it hasn’t gone away, either.
Market stats for Buford, February, 2010 indicate that there were 609 properties on the market. Overall, there was about an 15.5 month supply of properties, with sales slowing. Oct/Nov were up dramatically, Dec was steady and January was down dramatically from last year. February was down even more.
Market stats for Sugar Hill, January, 2010 indicate that there are 202 properties on the market. Overall, there is about an 9 month supply of properties, with sales remaining steady, although February was much weaker than the year prior. It is one of the few markets to show more strngth in the last three months than in the last six.
Market stats for Suwanee, January, 2010 indicate that there are 566 properties on the market. Overall, there is about an 12.3 month supply of properties.
In the sub-$200k arena, there are 121 listings, with under 8.3 months supply. This is stronger than most of the rest of the county, but not as strong as it was in November (less than 4 months supply). Part of that is because of the increase in listings… and half the sales, although February was looking up.
Preliminary stats for Duluth, February, 2010 indicated that there were 568 properties on the market. Overall, there is about an 13.4 month supply of properties, with a marked deceleration in sales. Sales in January were 45, compared to 48 a year earlier.