Is there good news about real estate for 2008 - absolutely, "YES". The public is still buying homes and check out the latest news about interest rates at the bottom of this e-mail. Here are the stats from First Multiple Listing Service tax records Paulding County Stats
| Single Family Residence |
| Time Period | Number of Sales | Median Sale Price |
| Dec 2007 | 184 | $170,000 |
| Dec 2006 | 373 | $165,000 |
| Nov 2007 | 229 | $169,900 |
| Nov 2006 | 410 | $160,200 |
| YTD 2007 | 4,022 | $167,900 |
| 2006 | 5,203 | $162,000 |
Douglas County Stats
| Single Family Residence |
| Time Period | Number of Sales | Median Sale Price |
| Nov 2007 | 191 | $165,900 |
| Nov 2006 | 272 | $185,750 |
| Oct 2007 | 216 | $179,000 |
| Oct 2006 | 293 | $172,500 |
| YTD 2007 | 2,779 | $175,800 |
| 2006 | 3,388 | $168,000 |
Cobb
| Single Family Residence |
| Time Period | Number of Sales | Median Sale Price |
| Dec 2007 | 521 | $224,000 |
| Dec 2006 | 928 | $199,950 |
| Nov 2007 | 520 | $214,950 |
| Nov 2006 | 867 | $196,000 |
| YTD 2007 | 9,551 | $207,000 |
| 2006 | 13,294 | $202,000 |
Rates on home loans drop after Fed makes emergency cut to fed funds rate, Freddie Mac says. Also, I've seen some interest rates on loans go as low at 4% with a good credit score. Incredible! Now is the time to buy!
https://owa.coldwellbankeratlanta.com/exchweb/bin/redir.asp?URL=http://money.cnn.com/2008/01/24/real_estate/mortgage_rates/index.htm?postversion=2008012411
Don't forget to check out homes that are listed with me at http://rperry.coldwellbankeratlanta.com/ or for more photos: http://perryangel.georgiamls.com/ - take an i-tour or v-tour (virtual tour).
Remember- if you know of anyone who wants to buy, sell or lease/purchase, feel free to give me a call and we'll schedule an appointment.
Remember, I love referrals...in the state of Georgia or all over the world!
Robin Perry
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