Don Gale Homes

Rates are still at an historical low.Pricing has been reduced on all homes currently on the market.  In the 80's, rates were 18% and pricing was held down.  After the rates went down, the pricing increased over 25%.

Currently inventory in the Atlanta metro area is priced to sell in a depressed market. While unusual, rates are also down, timing is everything and now is the time to buy.

Foreclosures are selling at a rapid pace, most for what they are really worth or more.  Only the most experienced investors should play in this market.  Bad Floorplans, faulty foundations, substandard grading  conditions, sagging floors, etc.  Many new homes that are sold by the bank are substandard because those that worked on them knew that they were not getting paid.

Remember, a don't wanter never changes.  Will it be any more desirable down the road?  Now is the time to be the discriminating buyer who knows what they are looking at.  Compare all of the features, conditions of property, including the neighborhood.

We have commented on disposable housing in the past and there is more of it than ever on the marketplace.  Companies are changing their names, starting new projects and building homes that are basically maintenance nightmares.  If every aspect of the market, homes built by the lowest bidder will show their weaknesses the quickest.