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

Bob Strader on July 20th, 2011

Comparing homes sold in Forsyth County for June YoY there are still some challenges but much improvement to celebrate.
Nationally
I always point out that the news reports you hear regarding national home sales, while important to know, don’t effect or reflect what is happening locally. To make that point, June data came out from the NAR [...]

Continue reading about Forsyth Home Sales for June Show Improvement

Bob Strader on June 30th, 2011

0.01%
The year-over-year decrease in average home sales prices for Forsyth County, comparing June 2011 to June 2010. Today CoreLogic released its May Home Price Index (HPI) which shows that home prices in the U.S. decreased on a year-over-year basis by 7.4%. Being flat isn’t a bad place to be for Forsyth County Home Sellers.
On [...]

Continue reading about The BIG Number: June 2011

Bob Strader on June 15th, 2011

And the high-end foreclosure listings are the properties to go the fastest.
Foreclosures have been the bane of every home seller for the past couple of years and it’s no surprise that it will continue to be the case moving forward for some time. However, with the rate at which foreclosures are disappearing and the fact [...]

Continue reading about Forsyth Foreclosures Continue to Sell Quickly

Bob Strader on April 30th, 2011

2
The number of homes sold for more than $1M, in Forsyth County, so far this year. That comes out to 0.33% of the total number listed over $1M. Coincidentally, both homes sold happen to be in St. Marlo.
On the last day of each month I post a “Big Number” or interesting figure related to real estate [...]

Continue reading about The BIG Number: April 2011