Well-Positioned in the Real Estate Market -Coweta County, GAEveryone knows that the pace of home sales has slowed dramatically since 2006 in Coweta, Fayette, and Henry counties. What most people don’t realize is that Coweta seems to have corrected more quickly and with much less deterioration than Henry and Fayette.
Coweta is the only one of the three counties to have its annual home sales pace above the number of existing homes, with annual construction starts below annual and the current inventory level. This has double the effect of not only soaking up existing inventory much more quickly than the other two counties, but also means that prices are likely to recover more quickly, or at least not see tremendous downturns on the available inventory.
This is a classic "Demand exceeds both current and future supply" scenario. Remember that old Economics 101 Lesson: When Demand exceeds Supply, prices tend to go up. The last two quarters give a strong indication that the market in Coweta has bottomed over the last six months, and we are poised for at least a good, stable market, and at best - dare we say - an improving market! | More Local Area InformationNewnan, Georgia, the “City of Homes” was spared during the Civil War because many of its buildings were used as war-time hospitals. As a result, th... Read moreHome to movie locations and famous authors, Civil War era homes as well as new home communities, landmarks of the past and the ageless hospitality o... Read moreEveryone knows that the pace of home sales has slowed dramatically since 2006 in Coweta, Fayette, and Henry counties. What most people don’t realiz... Read moreSharpsburg, GA is home to Canongate Golf Club, featuring 36 holes with four distinct nines. Members have access to 24 clubs and 27 courses, all i... Read moreFrom luxury high-rise condominiums to quaint bungalows, from the High Museum of Art to the World of Coca-cola, from Piedmont Park to the Georgi... Read morePeachtree City, Georgia, was chartered in 1959 and was among the first planned cities in the United States. The city is divided into four separat... Read morePeachtree City is, in many ways, the perfect city. As one of the first planned cities in the United States, Peachtree City's layout represents ... Read moreFor many people, the choice between a small town and a big city makes the decision about where to live a complicated one. While a small town offer... Read morePeachtree City homes for sale are a special treasure. As perhaps the most successful planned community to date, growth here is capped and ne... Read moreOne great community that has drawn considerable attention of late is Peachtree City, Georgia. There are myriad reasons why this Southern gem i... Read moreFrom a highly ranked school system to communities linked with golf cart paths, from the oldest courthouse in Georgia to a new amphitheater, fro... Read moreWhen you look at Peachtree City today, you see a community that exists in harmony with itself. The was planned synergistically, so that businesse... Read moreWhen you're looking for a home, perhaps the most important variables are those that relate to your family. How are the schools? Are the streets safe... Read morePeachtree City, Georgia is a planned city that caters to families. Due its open and friendly environment, everybody is welcome here. Peachtree Cit... Read morePeachtree City, Georgia was one of the first planned cities in the United States, which has allowed it to maintain its hometown feel for years... Read moreImagine living in one of the 10 most livable cities in the United States. Now imagine that this city was designed to create a perfect synergy amon... Read moreFrom Sweetwater Creek State Park to the cultural arts center, from more than 2,200 acres of parks and nature preserves to an abundance of new hom... Read moreHome to both a museum dedicated to Gone With the Wind and the ever-expanding Hartsfield-Jackson Atlanta International Airport, Clayton County offer... Read moreFrom the Big Chicken to Six Flags over Georgia; Kennesaw Mountain Battlefield to the Marietta/Cobb Museum of Art; and acclaimed school system to ... Read moreAtlanta is renowned for its unique blend of Southern charm and youthful spirit. The city’s pro-business environment is a draw for many new resident... Read more |