Bob Strader on May 2nd, 2012

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Or maybe the question should be; “What’s keeping you from making that buying decision?”
There are a lot of buyers “in the [...]

Continue reading about Is May The Month To Buy A Home?

Bob Strader on March 28th, 2012

Homes for sale in Cumming, Suwanee and all of Forsyth County continue to increase month-over-month. But more importantly, inventory levels are sharply declining - that is what we need for sales prices to move from their bottom and begin to show increases in average sales price.
It’s not happening yet but this year will tell us [...]

Continue reading about Cumming Home Sales Steady, Inventory Continues Decline

Bob Strader on February 16th, 2012

Prices Are Still Depressed - take a look:

Despite some good signs, downward pressure on sales prices are still troubling for Forsyth County home sellers. Comparing 2011 to 2010, average sales price is down 8% and median sales price is down 11%.
What are the good signs?
So far this year builders in Forsyth County have listed over [...]

Continue reading about Forsyth County Home Sales: They Need a Zoloft

Bob Strader on February 7th, 2012

We all want to know when the bottom of the housing market will arrive. The fact is, we have two bottoms to be concerned about in our housing market. One bottom is inventory levels, the other is prices.
Forsyth County
You can see in the following chart, comparing Q4-2011 to Q4-2010, that unit sales have shot up [...]

Continue reading about Lake Lanier Home Sales Show Gains

Bob Strader on December 6th, 2011

But It Isn’t All Bad News
Comparing homes sold in Forsyth County for November Year-Over-Year (YoY) shows that home sales prices are still suffering downward pressure, but other areas show a marked improvement.

Unit sales, for residential detached homes, is up over 25% from November of last year, but the average sales price is down slightly, just [...]

Continue reading about Cumming Area Home Prices Still Depressed In November

Bob Strader on November 22nd, 2011

Thanksgiving is the week we all reflect on what we are thankful for, so I’m sharing 3 reasons why anyone searching for real estate in Forsyth County can be thankful.
You see, even though inventory is down considerably from this time last year and sales are up (by 25%), it’s not all pumpkin pie and whipped [...]

Continue reading about 3 Reasons Home Buyers in Forsyth County Can Be Thankful

Bob Strader on October 12th, 2011

What a difference from one year ago.
Generally speaking, sales of homes in North Atlanta are up and inventory is down. On the lake, the number of sales are flat, but the rest of the numbers are significantly improved.

List prices are up, but more importantly, average sales price and median sales price for Homes on Lake [...]

Continue reading about 3rd Quarter Lake Lanier Sales Show Improvement

Bob Strader on September 15th, 2011

The real estate market in Forsyth County looks pretty good in August. The numbers are in and the data shows a flat to sight positive increase. In the chart below you can see that unit sales are up and sales prices seem stable.

With a 36% increase in the number of homes sold, it’s appears that [...]

Continue reading about Forsyth County Home Sales Stable for August YoY

Bob Strader on August 5th, 2011

A quick look at home sales on Lake Lanier doesn’t show a great recovery but does reflect that Lake Home sales have stabilized. Comparing second quarter year-over-year (YoY) in the chart below, the only real good news is that prices are not continuing to decline:

You don’t see the underlying data but there were no sales [...]

Continue reading about Lake Lanier Average Home Sales Price Remains Flat

Bob Strader on July 31st, 2011

10%
The drop in median sales price for single family homes sold in Forsyth County, from second quarter of 2010 to second quarter of 2011.
On the last day of each month I post a “Big Number” or interesting figure related to real estate in our area.

Continue reading about The BIG Number: July 2011