Beacham & Company, REALTORS® has posted their 2010 year end fourth quarter market report.
“The metro Atlanta real estate market sagged over the last six months of 2010 after many homebuyers closed on homes earlier in the year to take advantage of the federal homebuyer tax credit that expired in June.
Through the first half of 2010, metro Atlanta home sales were up 15% over 2009, but by the end of 2010 sales were down 7%. Buckhead experienced a similar drop in sales in the second half of 2010, particularly in the third quarter, but still managed to finish the year up 7% after being up 30% at mid-year.”
To read the report, click here.