So you may have seen the news article on CNN.com titled , "Is A Housing Shortgage Coming". The article states that the nation is not building enough homes to keep up with the potential demand. With only 672,000 homes built nationwide in the April, less than half the long term run rate needed to meet the nations natural population growth, one might tend to agree.
This week my local board of Realtors focused on New Home Communities specific by providing a new homes tour, otherwise known as a carabus, to local Realtors. From this tour Realtors saw first hand supply and demand with new construction. They also learned how a once not so hot market has turned into a waiting line for buyers. In the South East Forsyth County Cumming Ga market there were sixty homes contracted and built for individuals that were never listed on the local listing service. Meaning that buyers are snatching lots up so fast that listings are not required. Making New Construction the Huge New Competitor.
There is definately a tide turning here in Forsyth County Cumming Ga. Buyers are here, volumn is up, and new construction is slow to meet demand. How ever if you are willing to wait you stand to snag an exeptional deal or incentives like 8,000 closing cost, 75% off custom design, or possibly the best pricing on new construction that we have ever seen.
If you are looking for a local economist and experienced negotiator look no further. We are your Cumming/Suwanee/Forsyth County Realtors.
SEARCH CUMMING GA HOMES NOW!
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