Athens GA Properties, Athens Georgia Homes, and Athens Real Estate

This Month in Real Estate; September 2009

September 20, 2009 · Leave a Comment

Although experts predict it will take time for the economy to fully recover, there has been a lot of encouraging news recently.

Did you know …

- Existing home sales were up by 7.2 percent in July, the largest monthly gain on record since 1999.

- First-time home buyers and distressed home sales each make up about 30 percent of those sales.

- Mortgage rates were back down close to 5 percent. Buyers who are waiting for an ultra-low rate may want to capitalize now before rates inch back up.

- The median age of first-time buyers is 28.

- Two out of three sellers paid at least part of the buyer’s closing costs?

Also, get your weekly report on Athens Market Conditions atwww.AthensHomeTrends.com.


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