S
AVANNAH, Ga. - The Savannah real estate market has undergone a significant shift in the past year, with homes now staying on the market for three to four months on average. This is a stark contrast to last year when houses were scarce due to rapid sales before even being listed. According to Patrick Hanlon, CEO of Homebuyers of Savannah, higher mortgage rates and increased inventory from new construction have contributed to this market reset. Hanlon advises buyers to take advantage of the changes by seeking rate buydowns from builders eager to sell their homes. For more information or assistance with buying or selling, visit homebuyersofsavannah.com.
