ATLANTA MARKET - July and August 2009 In Review

I admit, I have fallen behind on the market reports. To bring us all up-to-date, I am combining July and August. As of today, I think we are seeing some movement in the Atlanta market. The concensus seems to be that the interest rates certainly are enticing the buyer; but, the First Time Home Buyer Tax Credit is coming to a close shortly and that may also be perpetuating the fence sitters to take the plunge.

Let's take a look at mid-summer sales in the Atlanta market: