Watch the news and you’ll hear how home prices are coming down. Its not a secret that sellers are getting less than they did a year or two ago. For several years now we’ve been waiting for the market to flip into a buyer’s market - and now we have it.

But now we’re seeing many potential home buyers afraid to commit!

When I say this, it makes some people mad because they think that prices will continue to drop for a long time to come and they’re more interested in timing the market. Don’t worry about housing prices collapsing if local industry is doing well. Pick up a copy of the AJC and you’ll get a sense of the economic environment. Most parts of Atlanta didn’t see a huge bubble, so there is nothing to pop.

I don’t care what you’ve heard, good homes are still selling quickly and some buyers are getting great deals today. If you’re agent knows how to value homes in the area and knows how to submit a good offer that a seller will consider, you’ve struck gold.

This is what we’ve been waiting for folks. Homes are on sale right now. Once prices start going back up, there is no telling how long you’ll have to wait for an opportunity like this to come along again.

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This entry was posted on Thursday, December 13th, 2007 at 10:04 pm and is filed under Buying. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.