The First Quarter of 2012 for The Wells Team

The first quarter of 2012 started more positive than this time last year. However as the year progressed we are starting to see a return to the same pattern that has “haunted” us for the last three years. A lot of lookers as spring started early in the south A group of new lookers filled with excitement Sellers who have decided to make a move As April ends we are returning to the same cycle. Buyers want updated homes at low prices Buyers do their research and learn about the market from all of the information available When it comes to offers, buyers are drawing their line in the sand. Buyers are not negotiating in the traditional way. Our sellers are frustrated because of the reasons above Foreclosures on Lake Lanier, and the higher priced golf communities, gather the most interest. We will let you know how the rest of the year progresses!