Yep, that's so, at least according to the Athens Area Association of Realtors. The last month has shown a significant upturn in listing and buying activities. This mirrors what is happenning at the office I work out of, Keller Williams Realty of Greater Athens.
Athens has not suffered the same severe downturn in value that some of Georgia and other parts of the country have (yes, it's true, the news isn't all bad out there, no matter what you have read in the papers or seen on tv). Average home sales prices here have risen about 1%, or so, over the last year. Yes, volume has been down, average DOM (days on market) is still high, and, there have been more foreclosures than normal (for this area while not approaching the terrible problems of many areas), but, our home values have still risen.
Is this just a blip or is this an indication of better times might finally be here again? Too soon to tell for sure, but based upon the increasing levels of activity here, and some better news coming out regarding credit and the sub-prime issues, perhaps that just might be so.
Now, if we could just lower those gasoline prices somehow.
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