October 2009 
There are 1 blog entries for October 2009.
North Cobb Inventory Disappearing?
Tuesday, October 6th, 2009 at 9:41pm. 576 Views, 0 Comments.
Today was the eye opener that I've been waiting for...
All the doom and gloom of record foreclosures and burgeoning inventory aside, it seems there are not enough "nice" homes to satisfy demand in the $150k-$200k price range. One new home community (yes, they still exist) in North Cobb had UNDER CONTRACT signs on 90% of its properties! John Adams reported in his weekly column in the Atlanta Journal Constitution that the best time to buy may be coming to an end. This weeks interest rates are some of the lowest on record. 30 year fixed rate loans are well under 5% and have held there for several days.
I spent some time today with a great family expecting their third child and looking for a little more room. I went through all 98 listings that met their…