Wednesday, October 24, 2007

What I Heard Last Week.....


While seeming to move as slowly as this turtle at the Ocean Center in Mauii, the Real Estate market in Atlanta has actually been cruising along! And FINALLY at a party I attended last week, people (unsolicited, too) were talking about Atlanta's housing market and how we were never in a bubble like the media would have us to believe. People were saying that things will likely get back to normal levels of activity in the Spring when the usual urge/need to move is at its usual highest level. My colleagues have been saying the same thing.
And all that good news notwithstanding, some parts of our market, and some segments of the Real Estate professionals serving them have had a very tough time this year. Most of that has been at the micro level--particular developments/neighborhoods, particular price points, particular agents (part timers, new agents) and yes, those folks will not be telling happy tales at their next cocktail party. But with the buffer of a few years, we will look back and say that 2007 was still a very good year for Atlanta's housing market and we'll be glad that there was some slow down in new construction, that prices did settle into a more sustainable rate of appreciation.
I'm looking forward to a great 2008! Helping more people, more pets and more animal welfare groups through successful Real Estate transactions. One at a time!

1 comment:

Tracy said...

Hi Laura:
What is your new email address?