North Georgia Real Estate

North Georgia Real Estate

North Georgia real estate is moving, but, it is not moving like it did in the last several years. In 1996 CNN stated that a small town in the North Georgia Mountains, Hiawassee, Ga. would be one of the top ten retirement communities in the USA. This statement was made because of the natural beauty of the area. In Hiawassee, we have several amenities, Lake Chatuge, the Hiawassee River, the Georgia Mountain Fair and many festivals ... face it; our largest business is the tourist industry. We offer fishing, boating, hikeing, camping and a host of other outdoor activities As a result of the massive influx of visitors and potential home owners; the building industry exploded.

Over the course of the last three years housing sales in Towns County has dropped 16 % per year since our peak sales in 2005. In 2005 there were 300 homes sold in Towns County through the efforts of real estate professionals. In 2006 there were 253 homes and in 2007 there were 204 homes sold in Towns County. As you can see there is a significant drop in housing sales in this area.

Now, let's look at what is on the market. As of 03/26/08 there are 480 active listings of homes for sale on the market in Towns County. For the month for February there were 10 homes sold in Towns County. There have been a total of 36 houses sold in Towns County from the 1^st of the year to date. Is there competition with selling your home in this area? You bet!

In this market, if you plan to sell your house you will need to be:

•· Competitive on price

•· The house will need to be in great shape

•· The property must be clean (curb appeal is top on the list!)

•· The house should be easy to access for showing purposes

Everybody knows: "You only get one chance to make a great first impression!"

The above figures concerning home sales were derived form the local MLS and are accurate to the best of my knowledge.

Keith Kenner presents mountain homes, land and commercial properties as a REALTOR in HIAWASSEE,GA!