Alpharetta home sales for June and July
First we will take a quick look at the national market and then study our Alpharetta real estate market more closely to determine if we are tracking the national trends.
The June housing report from the National Association of Realtors showed that nationally the housing market has turned in the buyer’s favor. The supply of homes for sale increased to the point that prices should remain relatively flat and homes will take longer to sell.
This is the third straight month of declining home sales. June had nine percent lower sales than last year’s level. The weakness was felt in all four regions of the country. The largest drop was found in the Northeast followed by the second largest drop in the South. Homes sales in the South slid 2.3% from May’s level and…