An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.
Christy Reece is a licensed realtor at Mountain Place Realty in Blue Ridge, GA. Christy specializes in North Georgia properties in and around Blue Ridge, Blairsville, Ellijay, and Hiawassee. Whether you are looking to purchase or sell a primary residence, second home, rental income property or land, Christy is here to serve you.