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Old 04-18-2018, 12:47 PM
 
Location: Atlanta, GA
1,155 posts, read 1,679,575 times
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https://atlanta.curbed.com/2018/4/17...es-sales-remax

The 20% decrease in sales in Clayton and Dekalb seem concerning?

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Old 04-18-2018, 12:56 PM
 
1,827 posts, read 1,567,008 times
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Days on the market decreasing leads me to believe that what is for sale is selling better than in years past, but there isn't a lot for sale.
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Old 04-18-2018, 03:33 PM
 
9,933 posts, read 6,935,649 times
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Housing prices rising, sales falls, days on market falls...

Could it be lack of new housing supply?
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Old 04-18-2018, 04:39 PM
 
1,270 posts, read 639,003 times
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DeKalb sales fell the most, but price increases the most. Likely means it's from falling supply, not lack of interest.
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Old 04-18-2018, 04:53 PM
 
Location: Johns Creek area
9,585 posts, read 8,666,245 times
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Quote:
Originally Posted by Forhall View Post
DeKalb sales fell the most, but price increases the most. Likely means it's from falling supply, not lack of interest.
Yeppers. That's what my Real Estate buds are saying.
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Old 04-18-2018, 05:39 PM
 
1,159 posts, read 460,154 times
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Quote:
Originally Posted by Forhall View Post
DeKalb sales fell the most, but price increases the most. Likely means it's from falling supply, not lack of interest.
That's what I'm thinking as well.

Only Forsyth County has recovered to home building levels that were seen before the Great Recession. Other than that, it's only the exurban / outer suburban counties (Coweta, Henry, Paulding, etc.) averaging 1,000 new homes per year.

Speaking of those counties, I'm more interested in seeing the sales numbers in those areas. I know a couple massive housing projects were just announced and will be breaking ground soon in Coweta County (both of which will consists of 600 homes each).
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Old 04-18-2018, 06:43 PM
 
7,713 posts, read 9,573,524 times
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And here I thought the metro had more or less reached its natural borders for how far out it can reasonably expand.

Looks like people who want, or need, to buy are continuing to be pushed further and further out.
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Old 04-18-2018, 07:02 PM
 
1,000 posts, read 556,801 times
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Quote:
Originally Posted by jsvh View Post
Housing prices rising, sales falls, days on market falls...

Could it be lack of new housing supply?
Pretty much
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Old 04-18-2018, 07:31 PM
 
14,954 posts, read 26,701,125 times
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People are begging for inventory in my circle.
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Old 04-18-2018, 07:55 PM
 
4,257 posts, read 2,843,862 times
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Land is cleared and waiting for building in several areas around me. They have the land, they have the zoning, but their permits are in limbo. Hundreds of apartments and townhomes. Months now.
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