MACON, Georgia (41NBC/WMGT) Home prices in Middle Georgia are increasing according to a news release from Core Logic, a property information and analytics firm. The data shows that home prices in Macon rose by 11 point one percent in February of this year, compared to this time last year.
41 NBC spoke with the Managing Broker and Chief Operating Officer of Coldwell Banker in Macon, Marilyn Cheney about what the rise in home prices means for the community of Macon and what prospective home buyers should do.
"We've seen a lot of people who couldn't sell their home over the past two years have to least them, and now that pendulum is starting to swing the other way," Alexander said. "I firmly believe that the economy is recovering and that real estate is the backbone of this economy, it's the backbone of our country, and the backbone especially of Macon and Middle Georgia."
Cheney went on to say that she thinks that peopole are beginning to feel optimistic about purchasing a home, also saying that the amount of growth in Macon is a "direct reflection from the growth in Georgia and national growth."