Warning! Better Make Hay While The Sun Is Still Shining!
October 9th, 2007Categories: North Georgia Cabin Buyer's reVIEWS, North Georgia Real Estate VIEWS
“Its a Buyer’s Market, so get out there and Buy
“
In a market where inventory is way up, and interest rates are going down…can you think of a better time to buy? Within the Region of the Northeast Georgia Board of Realtors, there are over 2500 Residential Listings with an average list price of $347,475 just within Fannin, Gilmer and Union Counties. In this same market, there are over 4800 Vacant Lots with an average list price of $114,662. That is a whole bunch of inventory! If you ever wanted to act upon that dream you have always had of owning a cabin in the North Georgia Mountains, well its time to hoe a row!
If you are not looking for a second home or vacation home, maybe you are looking into Real Estate Investments. If so, you should pick up a copy of The Millionaire Real Estate Investor written by Gary Keller along with Dave Jenks and Jay Papasan. It not only tells you what to do, but so much 
more importantly, how to overcome the mind set that “Anyone Can Do It.”
“This is a Brilliant time to invest, you can get what you want and like, and at you price you can write home about. Then just call it a day!”
There is not a whole lot of sense in waiting it out to see what the Interest Rates are going to do. They may go up or down, but one thing is for sure, we are in “The Dip.” Now whether or not we are at the low or near the low….it really doesn’t matter we are LOW! I know I don’t have to tell you, but there is no where to go from there but UP. Talk about appreciation, all kinds of room for it in my opinion. So don’t let them tell you that the Real Estate Market is bad, there is no good or bad market. In Real Estate, you are either in a Seller’s Market, or a Buyer’s Market and both can be GREAT!
“So, if you lead a horse to water, how do you make him drink?”
I think it is quite simple. The proof is in the pudding, or maybe in this case the data. You have to know your numbers. How many homes have sold, how many are pending, and how many are still actively on the market. Know what is your average selling price, and what are the effective days on the market for those listings. Know the numbers, then consult and educate the buyer. There is no doubt this is a great time to buy. Maybe that is why they call it a Buyer’s Market!
“It is a Window Of Maximum Opportunity, so go take advantage of it!”
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You know you’re right.Maybe I better drive up there and buy my mountain hideaway while inventory is high and rates are low.There must be alot of motivated sellers right now!
Comment by Janis Gagliardi — October 9, 2007 #
I have to agree now is a good time for buyers to get off the fence and buy a home. Prices are lower than they have been in almost 3 years for some areas of my city so buy buy buy!!! - Ashley
Comment by Albuquerque NM Real Estate — October 12, 2007 #
- Hey Janis, let me know when you are coming, I will put on a cup of coffee! And you are right, ther are a whole bunch of motivated seller’s! - Thanks
Comment by Chad — October 30, 2007 #
- Hey Ashley, I guess you guys are in the midst of a Buyer’s Market as well. I actually have a client that has a home here in the North Georgia Mountains from Arizona. She has some big developments out there as well. She said things are still moving along out there in Mayer, AZ. Find those Buyer’s! - Thanks
Comment by Chad — October 30, 2007 #
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