Thursday, September 9, 2010

Warner Robins GA Housing Market

Today in Warner Robins GA we have 941 active residential listings with only 74 bank or relocation owned properties.

The good news...92% of Homes for Sale in Warner Robins GA are consumer owned properties giving us a fairly stable real estate market. A big part of that stability can be attributed to the constant influx of military/civilian personnel coming to Robins Air Force Base. Although it has been difficult for buyers to get financing, many are making it through the process and becoming first-time or repeat home owners.

The bad news...I have been working foreclosures this year and all of those homes are aggressively priced to sell within 90 days. Resale homes just can't compete. As an example, I have a decent listing in a good subdivision that is right-priced to sell in today's market but it is competing with a foreclosure (similar home) in the same subdivision that is selling for 70K less. This not only hurts the residential sellers, but brings the average comps down in the short-term as well.

Hopefully Warner Robins GA and the surrounding communities will see an end to this trend soon so a real housing market recovery can begin.

Anita Clark Realtor LLC

Your Warner Robins Realtor®

(478) 953-8595 (O)

(478) 960-8055 (C)

Email: Your Warner Robins Realtor

Web: Homes for Sale in Warner Robins GA

Blog: Warner Robins Realtor Blog

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