Thursday, February 28, 2008

Housing Prices Falling?

We have all heard the news. Doom and gloom for everyone who owns a home, right? Not so fast! Everyone should know that real estate is all about location, location, location. So how is Cherokee County doing? Are we seeing the drop in prices that other markets are seeing? Well, the answer is yes and no.

Some segments of the market are declining slightly while others are holding their own. So it depends on which part of the market (price range) you are looking at. According to the graph here on yahoo.com, the average home price rose over the last year. We have seen a slight decline in the last couple of weeks though.

If you are concerned about your home's value today, there are several places you can go to get an idea of value. The best place to start is with a local REALTOR. If I can help you determine your home's value in today's market, please give me a call. I can access the latest data available to give you the best picture of your home and neighborhoods current value.

If you are considering selling your home soon, let me arm you with all you need to make your decision to sell now or wait until later.

Michael Bradford
770-862-8002

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