Housing Market Slowly Turns Positive

These days, it seems everyone is trying to predict what’s going on with the housing market. Thankfully, we’re not relying on a crystal ball. We have real data to tell us what’s going on and what we might expect in the future. According to an article published earlier today on the EpiCity blog:

“The latest figures form the National Association of Realtors indicate that existing-home sales rose year over year for the fourth straight month in October.”

Jim LaVallee, Director for Development and Strategic Planning, goes on to share his opinions:

“While some view the market as being somewhat stuck, I feel the sales volume is a key to establishing a healthy market. In my opinion, we still have more foreclosures to absorb before we can truly return to normalcy in the market. Having greater demand that is evident by increased sales activity is essential to reaching that goal.”

Check out the full article at EpiCity.com, and for more Atlanta and Georgia real estate market information or to hear how EpiCity can help with your investment real estate needs, call EpiCity at 770-457-2300.

2017-08-29T17:44:40+00:00 December 13th, 2011|Uncategorized|