June 25, 2013 by Aaron Hofmann
The East Cobb housing market is doing well and off to a fast start in 2013. In the first five months of 2013, 611 homes have already been sold with an average price point of $374,000. And they’re selling fairly quickly with the average days on market being 82 days. For the homes that do stand out from the crowd, we are seeing very strong demand and buyer competition for those homes. Homes are selling at an average of 95% of original list price. And while 611 East Cobb homes have sold in the first five months, there are currently an additional 287 under contract. And with only 450 homes on the market, you can see that the demand is clearly outpacing the supply.
Low interest rates and great prices continue to drive Roswell home buyer demand. Pending contracts remain strong, so expect to see a continued strength in home sales in 2013.
As the inventory shrinks, you will expect to see homes sell quicker as there are fewer homes for buyers to choose from and when the right home pops up, the patient buyers will be ready to jump. While sales have increased, it’s likely sales would be much higher if there were more homes for sale. There’s just not enough homes for buyers to choose from right now.
As sales are improving, we’re also seeing prices increasing as well. We’re going to continue to see more equity sellers in the market and fewer distressed properties as we move forward over the next couple years. This will result in continued low inventory levels as the number of equity sellers that can afford to sell will be outnumbered by buyers eager to take advantage of prices that are still depressed and interest rates that are phenomenal. If you’ve thought about selling and just aren’t sure, be sure to contact us or find out how much your home is worth. Less competition is a good thing if you’re ready to sell.
For those looking to buy in East Cobb, here are some great homes for sale based on their school district:
- Homes for sale in Walton High School District
- Homes for sale in Pope High School District
- Homes for sale in Lassiter High School District
That is your East Cobb homes sales activity recap for May 2013. Hope that was helpful and don’t hesitate to contact us if we can help you sell your East Cobb home or find your new East Cobb home.
Click here if you’d like to know what your how much your East Cobb home is worth.
Click here to start your East Cobb home search.
March 27, 2012 by Aaron Hofmann
East Cobb is a section of Cobb County northwest of Downtown Atlanta. East Cobb is a vibrant residential and commercial community. The communities within East Cobb are affluent and the residents are well educated. One major factor attributed to East Cobb’s tremendous growth is the excellent public school system, which has been recognized as one of the best in the nation.
East Cobb is a great place to find homes for families. In fact, the many great qualities of East Cobb ensure there is always a great selection of East Cobb homes for sale.
Whether you are looking for a home on a golf course, lake, or new community, you will find it in East Cobb.
If you’re looking for an East Cobb deal, be sure to check these out.
If you don’t like one of the deals, simply click here to see all East Cobb homes for sale.
- East Cobb Luxury homes for sale
- East Cobb homes for sale from $500,000 to $1 million
- East Cobb homes for sale from $400,000 to $500,000
- East Cobb homes for sale from $300,000 to $400,000
- East Cobb homes for sale from $200,000 to $300,000
If we can be of assistance in your home search or answer any of your East Cobb real estate questions, don’t hesitate to contact us.
February 23, 2012 by Aaron Hofmann
Resolve to Face the Facts!
As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, my mission is to ensure that you or anyone you care about does not add to that statistic.
The unfortunate fact is that so many homeowners who have played by the rules and never imagined that they could be facing foreclosure are now in a very tough situation.
More than one in four homeowners owes more on their mortgage than their home is worth. On top of that staggering statistic is the fact that millions of homeowners are unemployed, or underemployed and falling further behind every month.
Sound familiar? Rest assured you are not alone.
If you feel that you are headed toward foreclosure, or if you are avoiding facing that fact, the sooner you reach out for help, the better your options.
As a CDPE agent, I help distressed homeowners to work through every aspect of the denial and discouragement that accompanies a mortgage which is no longer manageable, and in the process, to move toward financial solvency.
If you or someone you care about is a Cobb County homeowner and is ready to tip the scales back toward financial solvency, contact me today and let’s get started.
Aaron Hofmann, CPA, CDPE
Keller Williams Realty Cityside