Atlanta Real Estate Inventory is Still Rising | The Numbers of Atlanta Homes for Sale are Still Increasing! | Atlanta Real Estate Market Report
By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
It is hard to believe that the Atlanta real estate inventory in could still be rising. It's sad, but it is true! in our First Multiple Listing Service FMLS tonight, there were Active - 87921 Properties Found. Since we utilize 2 Multiple listing Services in Atlanta, the Georgia Multiple Listing Service GAMLS is reporting 117287 Active listings. In the latest month for statistics August 2007, there were 5,129 closings for Atlanta single family homes in August. A decline of 34.6% from the same month a year ago. This should be the percentage decline on record (since 1996). The single family homes close are comprised of Single family detached, and attached which are town homes, and condo class homes. On the single family detached closed 4,343 units in August or a decline of 34.6% from...
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