Notes from Johnny Isakson's talk today - 08/19/09 09:08 PM
Today I attended a talk that was given by Ga's Senator Johnny Isakson - he spent 33 years selling real estate in North Atlanta and knows this business.  Here are some of the items he discussed that I really liked:
1.  He felt the market is similar to 1972-1974 - when there was a 3 year supply of inventory on the market.  The congress implemented a $2000 tax credit and one year later the supply of homes on the market was around 8 months.
2.  The 8,000 tax credit for first time home buyers expires November 30 and he feels the … (3 comments)

Facing Foreclosure in Alpharetta - You have options - 08/18/09 06:11 PM
If you are facing foreclosure in Cumming, Alpharetta, Suwanee, Johns Creek, Duluth or anywhere in North Atlanta - realize you have options.
First, realize a bank does not want to foreclose on your home.  In a foreclosure a banks loses money from the minute a person stops paying on their mortgage.  So a bank would prefer to assist you in selling your home through a short sale. 
What is a short sale?  It is when the fair market value in a home is not enough to pay off the mortgage and other liens on the home (including the Realtors).  The Seller … (0 comments)

Buying a Home in Alpharetta - Cumming Real Estate Report - 08/18/09 09:40 AM
This is an update on the Real Estate market in Suwanee, Alpharetta and Cumming from an agents perspective that lives & works the Real Estate market in Cumming, Alpharetta and Suwanee.
The past month there has been several positive reports about the real estate market and I think the media will begin to drive people that are sitting on the fence trying to decide if they want to buy a home or wait and see what happens.  This past week has been amazing.
On Friday I wrote an offer on a steal of a deal in Cumming - my buyer just … (0 comments)

Alpharetta Real Estate market is getting stronger - 08/12/09 03:23 PM
I just called to see if I can show a home tomorrow in the Tuxford Subdivision in Alpharetta only to find out it just went under contract - it looked like a great home.  This has caused me to reflect on several homes in the past week that either I have written offers on or tried to show that also have gone under contract.  For Example:
7555 Golden Sands in Forstyth County - last week my buyer made an offer and the home received multiple offers - we are awaiting banks decision 5614 Brendlynn Dr in Suwanee (Gwinnett County) - in the … (0 comments)

First Time Home Buyer in Alpharetta, Cumming or Roswell - 08/11/09 07:52 PM
If you are a first time home buyer, or know someone that is considering buying a home and they have not owned a home for the past 3 years, remember that the $8,000 federal tax credit expires on 11/30/09.  We still have time but find homes and get them closed but do not let that date sneak up on you.
If you know a first time home buyer that may want or need information on the details of the tax credit, please have them contact me.  The past year I have work a lot with first time home buyers in Lawrenceville, … (0 comments)

FHA Anti-Flipping Policy still in effect? - 08/06/09 07:47 AM
I have a buyer that wants to buy a home that was sold on the court house steps about 8 weeks ago - I have read where the FHA Anti-flipping policy is no longer in effect and in other places that it is still in affect - any mortgage brokers thoughts would be apprecaited.
… (3 comments)

Cumming Real Estate Update by John Foster, Remax Greater Atlanta - 08/05/09 09:46 PM
One way to judge how the market is performing is to look at the number of homes under contract at the end of the month in relation to the inventory levels - the higher the percentage the quicker the inventory is turning over.  The chart below shows Cumming (areas 221,222,& 223 in the FMLS) or Forsyth County Ga.
In 2007 you will see between 15-18% of the homes were under contract for the first half of the year, then the second half of the year it drops to 8% - that was the beginning of the real estate issues.  In 2008 … (0 comments)

How do you incorporate charts into blogs - 08/05/09 02:54 PM
I really like posting blogs on Active rain and would like to include charts and stats from excel - does anyone know how to include charts into the active rain blogs?
Thanks for you help.
… (9 comments)

Suwanee Home for Sale - A great time to buy a home in Suwannee - 08/04/09 03:41 PM
I just recently had a talk with a Seller and he decided to decrease the price of his home in Suwanee Ga, located in Olde Atlanta Club, to $409,900.  This is a spacious home on a cul-de-sac lot, with a 3 car side entry garage with a new roof, new appliances, newly remodeled master bath with marble counter tops, new fixtures - simple stunning.


This home boasts a master on the main, two stair cases, keepting room, two story living room that is stunning and a great lot.
Are you looking for a home in Suwanee to purchase, or just … (0 comments)

Alpharetta & Cumming Real Estate Status - 08/04/09 10:39 AM
The A/P reported today that the Pending Homes Sales index increased for the 5th consecutive month - this is a very good sign on a national level.  The last time the index increased for 5 consecutive months was in 2003.  Now  I will talk about what I see as an agent as I show homes for sale in Alpharetta, Cumming and Suwanee Ga.
This past weekend I had 3 buyer groups in town, one from Co (home is under contract in Co- good sign), one from Mo.  and one is a local move - currently renting.
Three times on Saturday as … (0 comments)

 
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John Foster

Cumming, GA

More about me…

RE/MAX All Properties

Address: 566 Peachtree Parkway, Suite 120, Cumming, Ga, 30041

Office Phone: (678) 455-3048 x 109

Cell Phone: (770) 722-7010

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Discussing Real Estate in Cumming Georgia, Homes for Sale in Cumming Ga, Homes for Sale in Alpahretta Ga, Cumming Remax Agents, Alpahretta Remax Agent.


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