2011 Real Estate Sales: Looking Back to See the Future

HWSR Home Sales - 2007 2011 (3)

Is the northeast Georgia real estate market improving?  If improvement means more properties selling, then “yes” is the right answer. Take a look at the charts below that display the trend in property sales over the last five years as reported by local REALTORs: From the lofty heights of the real estate market of 2007,… Read More

October Home Sales a Treat for Local Realtors

Hay, Pumpkin!

Northeast Georgia Realtors received a treat in October as reported home sales dipped only 4% from September with 76 closings, a startling 43% increase over October 2010. There were only 126 newly or re-listed homes for sale for the month as total listed inventories dropped to 1,656, a near 10% monthly decrease. Distressed home sales… Read More

‘September Chill’ Good for Local Real Estate Market

Hickory Tree Colors

Local Realtors welcomed the early fall chill in September, hoping that seasonal visitors would warm to the idea of buying a mountain home. In spite of home prices descending to levels not seen since the late 1990s, most buyers still seem unconvinced that home prices have hit the bottom. It’s uncertain how long the window… Read More

August Home Sales ‘Galloped Along’ in Northeast Georgia

Joe the Horse

Home sales for August in northeast Georgia bolted out of the gate and never looked back. Total home sales reached 92 closings, a 26% increase from July, and the best numbers we’ve seen in two years. Except for some weakness in the numbers for August in White County, the other three counties of Habersham, Stephens,… Read More

‘Dog Days’ Throw Bone to Northeast Georgia REALTORs

HWSR Home Listings Sales July 11

Dog Days of Summer – Webster’s Definition 1: period between early July and early September when the hot sultry weather of summer usually occurs in the northern hemisphere 2: a period of stagnation or inactivity While the “Dog Days of Summer” aptly applied to the hot and muggy weather northeast Georgia experienced in July, “a… Read More

June Home Sales Point to ‘Quiet Strength’ in Real Estate Market

"See a dentist? Are you kid-ding?" Curious Goat on Family Ties Lane in Demorest GA

The summer doldrums that can sometimes characterize the June real estate market failed to materialize, much to the pleasure of local REALTORs, as the early summer market appeared to plateau rather than dip.  Closings stayed on schedule despite the fact that three of the four counties were declared disaster areas after the April tornado damage,… Read More

May Housing Market ‘Flowered’ in Northeast Georgia

Wild Piglets

The bloom was still on the rose in May as northeast Georgia home sales trended in line with tempered expectations for a late spring rebound. Local REALTORs  reported a total of 78 homes sold in May, down 6% from April, but still a 4% improvement over May 2010. In fact, local home sales numbers for… Read More

April Home Sales ‘Picked Up Speed’ in Northeast Georgia

Wildcat Creek Firehouse

“The devastating tornadoes that struck northeast Georgia this spring were a metaphor for the hoards of  buyers advancing on the local real estate market as home sales picked up speed in April.” Okay, maybe that’s a little too much hyperbole. But looking purely at the sales numbers for April indicates that the effects of pent-up… Read More