It's a seller's market - WALB.com, South Georgia News, Weather, Sports

It's a seller's market

September 27, 2006

Albany - It's a sellers market, especially when the home for sale is new. Sales of new homes posted their biggest increase in five months in August.

Here in Albany, business for home sales is booming. Lacey Hart, an agent with Remax, says they've exceeded last year's sales making this the best year ever for new and old homes. She says, "The market for sellers is good to because the housing prices have kind of been on the increase because new construction has been on the increase, and when new construction rises, housing prices rise and the sellers are getting a pretty good penny in Albany for their houses."

More homes have been sold in Albany this year, than in all 2005.

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