North Fulton County (Roswell, GA and Alpharetta, GA) Housing Market Review

The most common questions I am asked are: Is the market getting any better and is activity picking up?

The problem in providing an answer is that is really depends on the day you ask.  Over the last 12 months, there really hasn’t been any consistent trend in the market.  Some weeks see lots of activity and interest while others have no activity.  It has been this lack of consistency that has made this such a difficult market.

Positive News

Interest rates continue to be low (in the high 4%/low 5% range) and the $8000 federal tax credit for first time buyers and $1800 Georgia state tax credit for all buyers are good until the end of November.  In fact, houses are probably the most affordable they’ve ever been.  And, if you’re a home buyer, it’s still a buyer’s market.

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Roswell-Alpharetta, Georgia Housing Market Review

The most common questions I am asked are: Is the market getting any better and is activity picking up?  The problem in providing an answer is that is really depends on the day you ask.  Over the last 6 – 9 months, there really has been any consistent trend in the market.  Some weeks see lots of activity and interest while others have no activity.  It has been this lack of consistency that has made this such a difficult market.

On the positive side, we have low interest rates, an $8000 federal tax credit for first time buyers, an $1800 Georgia state tax credit for all buyers and a buyer’s market.  On the negative side, high unemployment, low consumer confidence and a credit crunch have kept buyers from jumping back into the market.

To get a clear picture of the Roswell/Alpharetta market, I have broken down the sales trends for 2006 through April 2009.  The chart below shows the trends for Roswell and Alpharetta, Georgia (Fulton County only) combined.

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Beautiful John Weiland Built, Brick Front Traditional Home For Sale in Roswell (Cobb County) on Fairhaven Way in Carriage Park

Home for Sale in Roswell, GA

For more information or to schedule a tour of the home, please contact Barry Wolfert at 770-656-7551 or email me.

4952 Fairhaven Way, Roswell, GA 30075

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Great location, excellent schools and an affordable price!  This is a fantastic John Weiland built, brick front home built in 1991 with 4 bedrooms and 2.5 bathrooms.  Located in the Roswell section of East Cobb in the Carriage Park subdivision off Shallowford Road.  Carriage Park also offers swim and tennis amenities.

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Large 3 Sided Brick Home On Nettle Lane In Hedgerow For Sale In Roswell (East Cobb)

For more information or to schedule a tour of the home, please contact Barry Wolfert at 770-656-7551 or email me.

3532 Nettle Lane, Roswell, GA 30075

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Great location, excellent schools and an affordable price!  This is a fantastic 3 sided brick built in 1985 with 5 bedrooms and 2.5 bathrooms.  Located in the Roswell section of East Cobb in the Hedgerow II subdivision off Mabry Road.  Hedgerow has a total 276 homes separated into five sections and offers swim and tennis amenities.

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Monthly Market Trend Watch – Focus on Roswell & Alpharetta

Every month I will provide an update on market trends in a section of the North Atlanta area. This month’s focus is Roswell and Alpharetta.
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