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alpharetta real estate: ReaL Estate Report for Alpharetta - 01/05/12 05:07 PM
I am a firm believer that the real estate market is nothing more than supply and demand. When the demand for homes goes down because buyers can not get financing, then the the months supply of homes goes up because less people can purchase the homes on the market. I just checked the Alpharetta months supply of homes on the market at the end of January (primarily North Fulton areas 13 & 14) and the months supply of homes is at 6 months - around 5 - 6 months is considered a stable market. I think once the supply of homes … (2 comments)
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alpharetta real estate: Atlanta real estate market - thoughts for North Atlanta Real Estate - 03/04/11 03:47 PM
On 2/27/11 the Wall Street journal posted and article calle "Why 2011 May Be the End of the Housing Crash". Simon Constable wrote the article and explained how rising affordability of housing will be a key to a turnaround. Here are some quotes I really liked from the article: "Housing is the most affordable it has been in decades". "Pricing is down so much in some markets that when you analyze renting versus owning it makes much more sense to own". "Home prices may be approaching their post-crash bottom" "Another sign the market is nearing a bottom: Investors have started to … (0 comments)
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alpharetta real estate: Good News - could the Economy be turning - 12/02/10 06:07 PM
I am encouraged by what Iread today in the AJC - yes I maybe the last person that still reads the newspaper. Today the AJC reported "Recovery Gets a Boost" with 4 areas of the economy showing signs of strengthening - they are manufacturing, auto sales, the stock market and jobs - yes I said jobs. ADP reported the private sector produced 93K in November. The economy needs to produce around 150K per month to keep up with the growth in population - but gaining 93K is better than losing jobs.
From my perspective, until the economy produces a consistent and substantial number … (0 comments)
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alpharetta real estate: Alpharetta Real Estate - Homes for sale in Alpharetta - 03/25/10 11:26 PM
One outstanding community in Alpharetta is the Chadbourne Subdivision and its sister Community Westgage at Chadbourne. Right now I have two listings in Chadbourne and both are under contract. I am seeing some strength in the market right now - showings are strong and offers are coming in. I three items are driving this market right now and they are:
1. The tax credits are set to expire April 30 - a buyer needs to be under contract by 4/30 to receive the $8,000 first time home buyers tax credit and the $6,500 move up tax credit - buyers do not want … (0 comments)
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alpharetta real estate: 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)
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alpharetta real estate: 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)
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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
Email Me
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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