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Parc at Piedmont
East Cobb
999 Hood Road
Marietta, GA 30068
Intersection of East Piedmont
and Roswell Road (HWY 120)
770.565.8828
parcatpiedmont.com
“Sellers are getting
the best prices they
ever could have even
dreamed of getting
right now. I’ve been
an agent for 25
years and I’ve never
seen a market like
this. No agent has
ever seen a market
like this.”
Wendy Bunch
Broker and owner of Re/MAX PURE
on the Marietta Square
nearly 40 years, now is also a good time to buy or
refinance - if you can get under contract. Southerland
said that, in late April, 30-year fixed rates were
hovering around 2.75% while 15-year rates were as
low as 1.75%, with good credit (740 or higher).
“We’re refinancing people who refinanced just
last year,” Southerland said, while advising that
anyone with a 30-year rate above 3.25% should look
into refinancing.
According to data supplied by Carson Matthews,
senior vice president and broker of Vinings-based
Dorsey Alston Realtors, Cobb’s housing market is
seeing record lows in inventory, while houses are on
the market for about half the time as they were last
year and are selling for more money.
Matthews said Cobb’s active listings over the first
three months of 2021 were down 61% from the same
time frame in 2020, while homes were on the market
an average of 49 days in 2020 compared to 27 days
year-to-date with a 17% increase in average sales price
year-to-date.
Southerland said the issue of low inventory could
be attributed to a number of reasons. Some who were
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