Savannah real estate market picking up
Friday, May 7, 2010 at 10:06AM Lately I've noticed increased activity in the Savannah real estate market. I've even had competition on the offers I've put in lately, and I haven't seen that for a while.
I was worried that the end of the $8000 rebate would cause a slow-down, but that doesn't seem to be the case. At the end of the month, I'll run some statistics to see if my experience holds true with the Savannah market as a whole. I suspect we'll see gradual improvement in sales with a slight rise in home prices. There's quite a bit of pent-up demand, and it seems to be loosening.
I've transitioned to exclusive buyer agent representation and that is working out well so far. There are a lot of people contacting me from out of town with intentions of moving to Savannah to purchase a home and they appreciate the service I provide, as someone who will be looking after their interests. Newcomers to the area find it useful to have one agent they can trust to show them the area, explain the lay-out, give them up-dated information on the market and take care of all the showing appointments. They find that it beats going from listing agent to listing agent with each one trying to sell their listings. There's a need for both good listing agents and buyer agents, but if you are a buyer, it makes more sense to have a buyer agent.



