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market: Counter Balance - Real Estate Trends, Life Trends - 03/11/08 08:00 PM
Quantum Leap, Gary Keller's newest (soon to be book) seminar focuses on life and adjusting your life and your business. Keller's comments during Keller William's Family Reunion might as well been entitled, Counter Balance - Balancing Life & Real Estate. The basic premise is that life is cyclical and even more so is Real Estate.
With that being said, it's no surprise that our market is riding the roller coaster back down on prices. Had we all been watching the affordability numbers and compared them to home prices we'd have seen the huge gap here. In addition, when you have mortgage … (1 comments)
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market: This Is Exactly What We Don't Need - 01/22/08 05:24 AM
It's one thing to be solicited which I can understand, since I'm in sales. It's another thing to get a message like this:
According to industry experts, 50% of Realtors WON'T make it through 2008.
They'll quit... go broke... or both.
Most Realtors are downright scared about the future of their business... and they should be.
The bottom line is, you need a "silver bullet" to survive in this market.
But I'm not going to insult your intelligence with a bunch of hype (like most real estate "gurus") and tell you that I've got the "silver bullet." To be frank, I have … (8 comments)
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market: Chateau Elan Homes For Sale and Real Estate Market Conditions - 11/19/07 03:34 PM
Chateau Elan Winery & Resort has luxury homes for sale as low as $409K all the way up to Luxury Estates for $4.2 Million. The higher end market; and higher end in Georgia is anything over $500K, is one that was hit the least during the mortgage meltdown. Chateau Elan currently has 116 unique luxury homes for sale with an average price of just over 1 million.
Chateau Elan has only had two of it homes for sale sell in October. Chateau Elan has very long build times and very unique homes an is a unique market in and of itself. … (0 comments)
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market: Atlanta Real Estate Market Report - Homes For Sale | Appreciation is Up, so are Expireds and Days on Market - 11/15/07 06:18 AM
Our Metro Atlanta MLS system compiles the data and is off by one month, but the numbers are striking. Atlanta Real Estate is actually still producing appreciation and is only in a "slump" relative to it's own statistical data.
September ended what may be the worst year-to-year quarterly (July-September) percentage change in single family units closed that will ever be reported.
There were 4,017 homes for sale that closed for all single family in September. This is a 39.6% decline from September 2006.
According to our MLS, "Last September was our first year-to-year percentage decline reported during our housing recession. Even after … (0 comments)
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market: Gary Keller & Other Masterminds Weigh in Last Week, Here's Their Tidbits on our Market - 11/12/07 08:21 AM
Some more tidbits from the Weekly KW newsletter. These are from the most recent MASTERMIND "Camp." Where top agents get together to share what's working and what's not. This is different than the Family Reunion which has training but also is a time to present awards and direction of the company.
Agent Mastermind is designed to help agents who have hit a plateau, break through it with sound advice from the industry's top agents, Keller Williams Agents or not.
"There's a difference between the reality of the market and the financial opportunity that you have," emphasized Gary Keller during Agent Masterminds … (1 comments)
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market: Home Buyer Negotiations: Is There Ever A Good Time To Be In A Backup Situation As A Home Buyer? - 11/09/07 05:28 AM
In this changing Real Estate market there are time when backups are common and times when they are not. Still the fact remains that as a home buyer for real estate, it's rarely a good position to be in as a backup.
Now that the mortgage restrictions are heavier and ever changing, the number of contracts that fall through is more indictive of an inexperienced agent. What I mean by that, is that inexperienced agents will be more likely to let their clients make offers on a property than an experienced one.
Again, in any case, it's a precarious position to … (2 comments)
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market: Gary Keller Rebuttal to Jim Kramer's "WORST TIME TO BUY" Comment - 10/01/07 02:29 PM
I usually don't repost what KW sends us in our E-mail, but I thought this was a great Story! I looked but could not find the video for the today show.
Last week on the Today Show, during a segment on the national real estate market, CNBC's Jim Kramer uncompromisingly stated, "now is the absolute worst time to buy!"
Concerned that remarks such as these from so-called experts might be pushing potential buyers to the sidelines?
Here's what Gary Keller, co-founder and chairman of Keller Williams Realty has to say about waiting out the current market:
First, residential real estate is not a … (7 comments)
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market: Freedom: Are Realtors Really Free? Attitude, Time and Balance - excerpts from Keller Williams Mega Agent Camp - 09/18/07 09:18 AM
Sales is a head game, so you have to be in control of your thoughts and your attitude. Especially in this market. If you don't have one, develop a written business plan. This starts with determining how much money you want to make in a given time period. Then, you must determine how many contacts you need to make in order to get the number of appointments you need in order to get the number of listings and buyer agreements you need in order to have the number of closings you need in order to make your number....If you do not … (1 comments)
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market: Bloomberg, Washington Post & Others Paint Gloomy Picture, Is It Reality? - 08/28/07 05:15 AM
If you're a Google user, you've likely seen the news, Housing Sales are down. Washington Post, Bloomberg and others are all reporting the numbers. With these papers reporting doom and gloom it's no wonder the public is skiddish in some cases to purchase. If anything the way this news is presented should get them off their duff and buy a home, especially the renters.
Bloomberg says housing inventory is up 5%. The post says sales are down 9%. What's it all mean? These articles were all written with our NAR as the source, so what did the original data say?
Washington Post … (3 comments)
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market: Norcross Real Estate Market Report - August 2007 Homes For Sale - 08/21/07 05:54 AM
Norcross, one of Gwinnett Counties most industrial of cities and most convenient, is also the most diverse in every sense of the word. Including Victorian style homes near the city center as well as sub $150K townhomes. Norcross is known to some (in the Peachtree Corners area) to be a bustling place that's well, posh. To others it's known as a gang invested slum area because of all the news reports. As with any city there are good and bad parts. With only 545 homes for sale in Norcross, it has the fewest of Gwinnett's cities. At an average price of … (0 comments)
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market: Suwanee Real Estate Market Report - August 2007 Homes For Sale - 08/21/07 05:31 AM
Suwanee is quickly growing into an Alpharetta/Duluth hybrid city. ... And why not? After all it borders these two cities and they are among the most desirable (although Suwanee is the only who made the CNN list).
Currently there are 919 home for sale in Suwanee at an average price of $492,673. Most feature four bedrooms and three and one half baths.
There are also almost 150 homes that are currently under contract. Here's the interesting number though, the average price of a home in Suwanee that is under contract is $395K. Almost a full $100K below the average home for sale! … (0 comments)
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market: Buford Real Estate Market Report - August 2007 Homes For Sale - 08/21/07 05:06 AM
Buford is becoming quite a booming place with the Mall of Georgia drawing people out here in droves. Unfortunately, it's also one of the slowest markets right now.
With over 1024 homes currently active in the month of July and August, Buford rivals many metro areas for active homes. The 10% number that seems to be a theme is here in Gwinnett is present here. In the past month, only 92 homes sold with an average price of $312K. Those homes had at least 4 bedrooms and 3 and one half baths. Those homes also spent on average 121 days on … (0 comments)
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market: Snellville Real Estate Market Report - August 2007 - Snellville Homes For Sale - 08/16/07 06:31 AM
Snellville is one of "those" cities. With a motto like, "where everybody is somebody" you have to wonder how small is it. It's actually growing quite fast with a new outdoor mall on Webb Gin and a huge jump in average price per home.
Currently there are 1153 properties on the market averaging a high for Gwinnett (relative to some cities of equal size) of $240,055. The top 10% of these are selling in 75 days or less. A total of 94 homes were sold in Snellville for the month of July.
Search for all the Snellville Homes For Sale.
… (0 comments)
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market: Duluth Real Estate Market Report - August 2007 Duluth Homes For Sale - 08/15/07 06:31 AM
August 15, 2007
Although Lawrenceville is the largest city in terms of size, number of homes and possibly even population, Duluth is quickly becoming Gwinnett County's commercial hub. With very easy access to everything and ways around I-85, it makes it a logical choice for most Gwinnetians. Duluth sports a very diverse, affluent population and some of the best all around schools in the state.
Currently there are 984 homes for sale in Duluth with the typical home being priced at $595,699 with at least four bedrooms and three and one half baths. With an average market time of 62 days, Duluth Real … (0 comments)
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market: Gwinnett County Real Estate Market Update - August 2007 - 08/15/07 04:56 AM
August 15, 2007
Gwinnett County Real Estate has always been the tortoise in the great real estate race. Never too slow, but never fast either. This is still the case. In over 15 years of Real Estate, Gwinnett has been a buyer's market. It's a bit more of one now. County wide, sellers are getting just under 97% of their asking price. Although, the numbers are at a new high (for discounts), the Jarvis Team has experienced a rate of 1% better. Although, this is a bit of self promotion, it's also worth noting that a Realtor (or Team) that works hard for … (0 comments)
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Joshua Jarvis
Duluth,
GA
More about me…
Keller Williams Realty - Atlanta Real Estate
Address: 1960 Satellite Blvd, Suite 1100, Duluth, GA, 30097
Cell Phone: (770) 406-6123
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