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metro: METRO ATLANTA UNEMPLOYMENT AND ITS EFFECT THE LOCAL REAL ESTATE MARKET - 10/12/11 03:36 PM
 

A recent report out by Rismedia shows the U.S. economy added more new jobs than was expected. Despite the 9.1 percent unemployment rate, the unexpected news coupled with the uptick in corrected employment gain numbers for the previous two months caused the mortgage rates to tip the mortage rate ladder back up over 4 percent after buyers enjoyed mortgage rates of 3.94% the first week of October.The most recent unemployment numbers for the Metro Atlanta area, however, remain higher than the national average at 10.4 percent. The struggling employment market in the metro area is having a profound effect on our real estate market as well. … (0 comments)

metro: METRO ATLANTA - OCTOBER 2011 FORECLOSURES - 10/11/11 02:31 PM

October foreclosures for Metro Atlanta is up 16% over September 2011. A total of 8,845 foreclosure notices went out compared to 7,634 notices sent out in September. Gwinnett County once again leads the area counties with the most foreclosure notices sent with a total of 1,889 notices. According to an article by Christopher Quinn (Atlanta Journal-Constitution) approximately 70 percent of the notices sent out in October had "run in a prior period."To read more:  Metro Atlanta Foreclosures Rise Again
 
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metro: Metro Atlanta - Suwanee GA - Real Estate Gab September 2011 - 09/17/11 09:12 AM
REAL ESTATE GAB - Keeping up with today's Metro Atlanta real estate market, as well as the surrounding areas, like Suwanee, isn't easy. However, my monthly issue of  Real Estate Gab provides updated statistical market  information about Metro Atlanta and the counties of: Gwinnett, Forsyth, Fulton and Hall; plus articles  to help you be an informed buyer or seller. Hope you will enjoy this month's issue of Real Estate Gab. Please feel to email me with comments and/or ideas of what you would like to see in feature issues:         Contact Janice  
 

Looking for more real estate market information? Click on the map or link below
  
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metro: METRO ATLANTA REAL ESTATE MARKET - MARCH, 2011 - 05/05/11 08:16 PM
ATLANTA REAL ESTATE MARKET REPORT(MARCH 2011)
  
HUD and the U.S. Department of the Treasury released the March edition of the Obama Administration's Housing Scorecard. Nationally, the numbers continue to reflect how fragile our housing market is overall. The report showed dips in home sales and prices. The continuation of foreclosures is keeping home prices depressed. Locally, we saw a 10 percent decline in sales March 2011 compared to one year ago. 
  
NUMBER OF HOMESSINGLE FAMILY DETACHEDMARCH 2010 - MARCH 2011

  
AVERAGE PRICE PER SQUARE FOOTSingle Family DetachedMarch 2010 through March 2011
The gain in home values continues to struggle in … (0 comments)

metro: ATLANTA GA - MARCH 2010 MARKET REPORT - 05/04/10 05:26 PM
The Atlanta real estate market continues to have twists and turns. With the end in sight for the housing tax credits, it was anticipated there would be a higher jump in activity as the clock clicks downward....not so much. Closings for all single family homes was up only 8% from one year ago. 
According to Steve Palm with Smart Numbers:
There was a surge of homes going under contract for the month of March.  So it seems reasonable to expect that closings, particularly for April will see an increase compared to April 2009. Inventory levels also seem to be hitting more … (0 comments)

 
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Janice Slaven, Suwanee Georgia Real Estate

Suwanee, GA

More about me…

Prudential Georgia Realty

Address: 310 Town Center Avenue, Suwanee, GA, 30024

Office Phone: (770) 617-5146

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