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Don’t Wait To Buy Your Home, Folks Are Snatching Up Paulding County Homes.

Posted by RCPAP on October 21, 2011
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The number of Paulding County homes available for purchase has drastically decreased in the last twelve months. WHY? Interest rates are in the 3-4% range and Paulding County home prices are still low. Folks have finally realized this is the best time in history to buy a home. Because of this we’ve seen an increase in home pricing of roughly $15,000 last twelve months. Even though home prices increased, Paulding County homes are still priced well. Because of the low prices, homes in good condition are selling in DAYS! This is supply and demand at its best! The demand has increased over the last year, which caused the supply to decrease and prices to rise. If you’ve been waiting to buy your home, DON’T WAIT LONGER, THE PRICES ARE ONLY GOING UP! Oh yeah, You MUST act with speed to make an offer when you find Paulding County homes you’d like to buy. If you don’t buy, you’ll likely miss your chance to buy Paulding County homes with the most incredible market conditions you’ll see in your lifetime.

The below statistics show today’s market conditions. The below April 2013 market absorption rate of Paulding County homes priced between $100,000 to $125,000 show homes have a 200.8% chance of selling.

Current number of homes on the market 26
Number of homes that failed to sell in the past 12 months 503
Number of homes that Sold in past 12 months 261
Total number of homes sold per month 21.75
Total Months worth of Inventory 1.2

Percentage

Current number of homes on the market 26
Number of new inventory for this period 6.5
Total Inventory 32.5
Number of Homes that will sell 65.25 200.8%
Number of Homes that will not sell -32.75 -100.8%
Average Sold Price during the last 12 months _$108,525_

% of Homes Months Days on
Month that will sell of Inventory Market
May 2012 76.5% 3.1 83
June 2012 112.7% 2.1 78
July 2012 104.1% 2.3 81
August 2012 147.8% 1.6 41
September 2012 125.8% 1.9 40
October 2012 106.7% 2.3 43
November 2012 114.5% 2.1 38
December 2012 132.6% 1.8 37
January 2013 180.7% 1.3 36
February 2013 122.9% 2.0 36
March 2013 228.2% 1.1 37
April 2013 200.8% 1.2 34

Even though there has been a decrease in the percentage, the market is still unbelievably strong. In today’s ever changing real estate market homes are selling so fast, you’ve got to hire a Real Estate professional, just to keep your sanity. A true real estate professional knows how to find you a great home for a great price because they aren’t doing this part time. When working with your agent, make sure the two of you discuss your Maximum Offer Price. You and your agent need to know that NO MATTER WHAT, you DO NOT to go over your maximum offer price! You don’t want to own more home than you can afford. If you find the right home, act fast, don’t delay, MAKE AN OFFER!

There is a lot of free information available to you about buying, selling or investing in Paulding County homes. For complete information about the Paulding County home market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Paulding County homes at www.pauldingandpolk.com. Please feel free to contact me with any of your mortgage questions and I will me more than glad to answer you. Call me on my cell at 404 374 1620 or email me at craig@pauldingandpolk.com

For a FREE List of 3 Plus Bedroom Paulding County Homes under $150,000 with prices, addresses, and descriptions click the link or fill out the form below.