May Sales Data

Number of sales during this period: 52

Average Sales Price: $245,262

Percentage of Asking Price Obtained: 97.6%

The Average Time on the Market: 151 days

April Sales Data

Number of sales during this period: 40

Average Sales Price: $233,112

Percentage of Asking Price Obtained: 96.9%

The Average Time on the Market: 123 days

May Sales Data

Number of sales during this period: 60

Average Sales Price: $180,926

Percentage of Asking Price Obtained: 96.5%

The Average Time on the Market: 112 days

April Sales Data

Number of sales during this period: 49

Average Sales Price: $182,067

Percentage of Asking Price Obtained: 96.9%

The Average Time on the Market: 127 days

May Sales Data

Number of sales during this period: 73

Average Sales Price: $199,491

Percentage of Asking Price Obtained: 97.2%

The Average Time on the Market: 113 days

April Sales Data

Number of sales during this period: 66

Average Sales Price: $199,741

Percentage of Asking Price Obtained: 90.9%

The Average Time on the Market: 156 days

April Sales Data

Number of sales during this period: 40

Average Sales Price: $233,112

Percentage of Asking Price Obtained: 96.9%

The Average Time on the Market: 123 days

March Sales Data

Number of sales during this period: 28

Average Sales Price: $208,050

Percentage of Asking Price Obtained: 97%

The Average Time on the Market: 186 days

April Sales Data

Number of sales during this period: 49

Average Sales Price: $182,067

Percentage of Asking Price Obtained: 96.9%

The Average Time on the Market: 127 days

March Sales Data

Number of sales during this period: 47

Average Sales Price: $192,084

Percentage of Asking Price Obtained: 96.87%

The Average Time on the Market: 141 days

April Sales Data

Number of sales during this period: 66

Average Sales Price: $199,741

Percentage of Asking Price Obtained: 90.9%

The Average Time on the Market: 156 days

March Sales Data

Number of sales during this period: 65

Average Sales Price: $195,411

Percentage of Asking Price Obtained: 96.6%

The Average Time on the Market: 127 days

The Villages at Godley Station is located in Pooler, Georgia just off the Pooler Parkway. It is conveniently located between exit 104 of Interstate 95 and exit 155 of Interstate 16. Located on the Cul de sac of Yellow Jasmine, this brick/vinyl 3 bedroom, 2 bath split plan home is beautifully landscaped and maintained. The community offers a junior olympic pool, kiddie pool, clubhouse with fitness facilities, playground, volleyball courts, and tennis courts.

I love to read blogs. It has become a hobby, I guess you could say. There were several (and I mean ALOT) posts about "soft market" policies that lenders were using and what that means. So, here are a few useful blogs about what a "soft market policy" is and what it means for you.

Important Soft Market Policy Update by John J Moriarty

Soft Market Policies by Dustin R. Burke

Housing Market Rankings Affect Home Loans by Michael Johnson

Countrywide New "Soft Market" Policy Changes by Kris Krajecki

Soft Market Requirements by Ed Nailor

The "Soft Market" Policy has now come to Savannah. It's being used in Tybee Island and parts of downtown Savannah. For more information, read Soft Market comes to the Savannah Area.  

Keller Williams Realty Coastal Area Partners

Office: 912-356-5001
Cell: 912-308-2699
cpower21@gmail.com
www.westchathamhomes.com

Copyright ©2008 Christy Powers

This is a personal blog representing my personal views and opinions. Any comments or opinions written by others are not reflective of Christy Powers or Keller Williams Realty's views and opinions. Christy Powers and Keller Williams Realty are not responsible for the accuracy or validity of any information provided therein.

A couple in New Mexico have decided to give their house away. Yes, that's right! If you can't sell it, you give it away. But wait, there's a catch. If you want their house, you have to enter a writing contest for it! They are charging each entry $100 and are requiring 2,500 entries before they will decide a winner.

So after they make $250,000 on their home, they will give it away. Not a bad idea. However, officials are determining whether or not this is legal. They have said that they will refund entry money if the required number of entries is not reached.  

In most markets, it does require out of the box thinking to get your home sold. With all the latest ideas, what could possibly be next. We've had the free house if you take care of the owners, free house if the owner dies within 10 years after the sale, and now a free house to the winner of a writing contest.  

Today in the Savannah Morning News, they have an article that says the USDA Rural Development Agency is making low-interest loan funds available to eligible applicants to purchase homes in rural Chatham County such as Pooler and Bloomingdale. 

With the number of homes and recent financing fiasco, this will allow buyers to buy a home at a reasonable price with a realistic annual percentage rate. For more information, see Special Loan Program.