Housing market in Albany still hot - WALB.com, South Georgia News, Weather, Sports

Housing market in Albany still hot

February 23, 2007

Albany - Inflation isn't just affecting the price you pay at stores, it's changing the way the housing market is performing.

There's been a drop in the market during the past few years, but in Albany that hasn't been the case. For the second year in a row, records were set in 2006 for houses sold and 2007 may be on track as well.

Ann Brunson received her real estate license 36 years ago.  For 33 of those years, she's sold at least $1 Million worth of property.  That wasn't always easy.  She says, "When I got in the business, the first house I sold was 19/5. $19,500."

And the average price of homes was about $28,000. Times sure have changed.  "Prices," says Brunson, "cost of land."

Prices have changed, but the housing market, at least here in Albany hasn't much.  She says that's because, "Albany has a lot to offer."

Brunson says the industry in Southwest Georgia keeps homes occupied. And bad weather and insurance prices in other states have even increased Georgia's market at times. "Taxes and insurance are so high, they are moving out of Florida," says Brunson.

And even with a slight slow down from time to time, she says her job has always been steady.  "We've had a steady market ever since I was in the business."

Brunson also credits steady employment at the marine base with keeping the housing market steady in Southwest Georgia.  

comments: news@walb.com?subject=HousingMarket

 

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Pelham street signs will soon go up to honor State Championship team

    Pelham street signs will soon go up to honor State Championship team

    Thursday, March 30 2017 11:03 AM EDT2017-03-30 15:03:00 GMT
    (Source:WALB)(Source:WALB)

    The votes are in and Pelham has officially revealed it's new street signs honoring the girl's basketball state championship teams. The city polled community members on it's facebook page with two different designs.

    More >>

    The votes are in and Pelham has officially revealed it's new street signs honoring the girl's basketball state championship teams. The city polled community members on it's facebook page with two different designs.

    More >>
  • Sumter Co. Fire Dept. fights blaze at home

    Sumter Co. Fire Dept. fights blaze at home

    Thursday, March 30 2017 10:50 AM EDT2017-03-30 14:50:21 GMT
    (Source: WALB)(Source: WALB)

    Sumter County Fire & Rescue is on scene of a house fire off Highway 280 East. 

    More >>

    Sumter County Fire & Rescue is on scene of a house fire off Highway 280 East. 

    More >>
  • Making Marines: A full day at Parris Island

    Making Marines: A full day at Parris Island

    Thursday, March 30 2017 7:57 AM EDT2017-03-30 11:57:58 GMT
    (Source: WALB)(Source: WALB)

    WALB's Re-Essa Buckels got her first full day of Marine Recruit Depot bootcamp at Parris Island, South Carolina. Buckels was invited to attend Marine Corps Educator's Workshop to study how Marines are made. A Marine says "You have just taken the first step at becoming a member of the world's finest fighting force." Sixty educators, some from Jacksonville, some from Baton Rouge lined up on the legendary yellow footprints; the first place all recruits stop, be...

    More >>

    WALB's Re-Essa Buckels got her first full day of Marine Recruit Depot bootcamp at Parris Island, South Carolina to study how Marines are made. Sixty educators, some from Jacksonville, some from Baton Rouge, lined up on the legendary yellow footprints; the first place all recruits stop.

    More >>
Powered by Frankly