I've been watching something the last 60 days that I've personally decided may be a trend here in Cumming, Forsyth County, Georgia.

I've noted several examples of this phenomenon, but I'll use one property as an example. I listed this two-story, late 90's build home with a finished terrace level last September for $365,000. The home is very well maintained, has a great back yard with both a sun deck and a screened porch. The owner told me that they wanted to go ahead and get on the market, but really wasn't going to be motivated to sell until Spring 2011. After a few showings, we reduced the price to $350,000 sometime in late 2010. All through the listing period, the property received at least one showing a week, with a little lull during the Holidays.

The only negative about this property is that it has a steep driveway up to the garage entrances, which I pointed out during the listing appointment and was confirmed from showing feedbacks. After looking at our local market trends (prices still moving slowly downward), recent sales (very few) and the competition, I counseled my client to go ahead and drop the price to $340,000. That goes against my personal philosophy of pricing homes at specific price points, such as at $350,000.

(As an aside, buyers search from $325k - $350k or $350k to $400k. A price at $340k would cause us to miss buyers starting their search at $350k. That's why I try to price property at search points.)

So, I dropped the price on Sunday morning. Since that time, I've had one showing each on Monday - Wednesday and two showings today (Thursday). I'm fairly convinced, but with fingers crossed and a rabbits foot in my pockeet, that we will get this property under contract shortly.

So, what's the trend I mentioned at the beginning? Buyers seem to be reticent to physically view a property until the price hits what they believe to be either fair or a sllight deal. Otherwise, they are just flat skipping equity-seller properties and sticking with foreclosures and short sales (which represent about 50% of the sales in Forsyth County). Is anyone else seeing this same kind of trend?

Polo Golf and Country Club Homes Cumming Georgia. 

Polo Golf and Country Clubs Homes for Sale in Cumming.  The Polo Golf and Country Club subdivision is an upscale golf country club community with a swim tennis and yes polo fields for hosting equestrian events! That makes Polo Golf and Country Club truly unique in the Atlanta Metro area.  Polo Golf and Country Club is located in in Forsyth County in Cumming GA  The Polo Fields Club was established in 1988, and is a private golf country club in the close in North Atlanta suburbs of Cumming GA that is sets itself apart from the rest of the country clubs with a true southern flavor.  The Polo Golf and Country Club offers a well landscaped 18-hole golf course and fine clubhouse where social events are held, and there are also swim teams, and ALTA tennis teams.  Polo Golf and Country Club is a great place to live with in the Atlanta area.  Search for Polo Fields Golf and Country Club Homes for sale below!  You won't be disappointed!

Search for homes for sale in Polo Golf and Country Club

Cumming, Georgia offers home buyers choices of many different options in their search for the perfect home. With many different styles, construction, and settings, there is always something to please everybody. Below are some examples of what type of Cumming Real Estate is offered in this market.

Cumming Home Construction - Everyone has a different build preference, what type of construction do you prefer? Aluminum, Brick & Frame, Brick 3 sides, Brick 4 sides, Brick-Fronts, Cedar, Concrete Siding, Frame, Log, Shingle, Stone, Stucco, and Vinyl. The Cumming, GA real estate market offers many types of new and existing construction to choose from.

Cumming Home Setting - Would you like your next Cumming, Georgia home on a golf course, lake, mountain, river, creek, wooded lot, or equestrian neighborhood? Cumming has many different types of settings to accommodate every preference.

Cumming Home Exteriors- One of the most prominent features in Cumming Homes include: Decks, Front Porches, Garden areas, Gas Grills, Heated Pools, Hot Tub/Spas, Invisible Irrigation, Irrigation Systems, Patios, Pool Professional, Professional Landscaping, and Wrap around Porches. Homes in Cumming have many different exterior finishes!

Cumming Home Style- What style Cumming homes would you like to see? A-Frames, Bungalows, Cape Cods, Chalets, Cluster Homes, Colonials, Contemporary, Cottages, Country, Europeans, French Provincials, Ranches, Rustics, Traditionals, Tudors, Victorians, and more. The Cumming Real Estate market has them all!

Jennifer Giraldi is a North Atlanta, GA REALTOR® with Solid Source Realty. For more Real Estate information please visit our Cumming Real Estate site.