One metro Atlanta realtor says she expects the housing market to improve depending on who wins the White House. Duffy Realty in Alpharetta says they expect to hire up to 100 real estate agents if Mitt Romney wins the election.
The number of homes on the market is about a third of what it was 5 years ago in metro Atlanta, according to Duffy Realty.
Rhonda Duffy says that their clients who have held back on selling or buying homes are waiting on the election and waiting to see if Mitt Romney wins.
"They are saying, ‘If there is a new president is elected, I will feel more comfortable in making future plans. If not, I feel like I have the last four years and I just want to sit tight. Or save cash," said Duffy.
Duffy realty says if the housing market takes off in 2013, there is a severe shortage of real estate agents. that's because so many have left the business with the real estate slump brought on by the recession.
"So we are not prepared with that. A lot of people in the industry have exited the industry," said Duffy. She said about 50 percent have left the business.
"They would have to reactivate their license with new training, new costs and they are not willing to do that," said Duffy.
Duffy says it might need to hire as many as 100 agents and will pay to train them.
Duffy says there is always a lull in home sales around a presidential election time. She says even if President Barack Obama wins, there could be some improvement, but she believes it would be even better if Romney wins according to what she is hearing from their customers.
Tuesday, May 21 2013 2:33 PM EDT2013-05-21 18:33:55 GMT
Southern Baptists in metro Atlanta are doing their part to assist victims of Tuesday's violent twisters.
Southern Baptists in metro Atlanta are doing their part to assist victims of Tuesday's violent twisters.The North American Mission Board has volunteers on the ground in Oklahoma and more relief is on the
Tuesday, May 21 2013 2:27 PM EDT2013-05-21 18:27:44 GMT
Andrea Sneiderman was back in court Tuesday to be arraigned for a third time. She's accused of conspiring with her former boss, Hemy Neuman, to kill her husband, Rusty Sneiderman, in 2010. Rusty Sneiderman
Andrea Sneiderman was back in court Tuesday to be arraigned for a third time. She's accused of conspiring with her former boss, Hemy Neuman, to kill her husband, Rusty Sneiderman, in 2010.
Tuesday, May 21 2013 12:23 PM EDT2013-05-21 16:23:15 GMT
Robert Champion's parents said Tuesday that Florida A&M University's band shouldn't march next year, even though they've already hired a new band director.
Robert Champion's parents said Tuesday that Florida A&M University's band shouldn't march next year, even though they've already hired a new band director.
Tuesday, May 21 2013 9:45 AM EDT2013-05-21 13:45:59 GMT
It's college graduation time, but before many graduates celebrate, they've got to focus on what comes next.
It's college graduation time, but before many graduates celebrate, they've got to focus on what comes next. With a tight job market, many new grads are getting a dose of reality when it comes to trying to land their first job.
