We are putting together a seminar for buyers in North Georgia. The seminar will be August 22. It is by invitation so you need to call us to reserve a spot. We will have lender's and insurance folks there.

We are going to cover how to buy with 100 percent financing. We will also go over the credits available to you. So this seminar is more than just selling homes. It really is aimed to help folks take advantage of this market

To find out more or sign up call us at 706 579 1098. Or leave a comment on this post. All Mountain Realty is helping folks in our mountains

 !!! SORRY . . . THIS HOME IS SOLD !!!

 That's right . . . a bargain!  Large 4/3 home, with in-law suite, for sale in quiet Philadelphia Heights neighborhood, less than a mile outside the city limits of Jasper, Georgia.  And, not only is this spacious three-level home priced well below comps at only $185,000, it's in immaculate, move-in ready condition!

From the gleaming hardwood floors under lofty arched ceiling of the living room, to the abundant cabinet space, full pantry, and sunny sink area of the cozy kitchen, this home sparkles with charm.  Spotless carpet, fresh paint and brand new appliances hint at a home that requires little attention, while its large size ensures that it as functional as it is appealing . . .

• Open floor plan;
• Breakfast area leading onto a deck with seasonal mountain & sunset views;
• Bright master bedroom with neatly trimmed trey ceiling, ceiling fan, walk-in closet, and en-suite bathroom;
• Master bathroom includes double-sink vanity, garden tub, separate commode stall, enclosed shower, and vaulted ceiling . . . the niceties of a higher-priced home;
• Two immaculate guest bedrooms and guest bathroom on main;
• Laundry closet on main;
• Finished bonus room downstairs, suitable as office, rec room, living room, etc;
• Large lower level bedroom, with full bathroom, roomy closet, and exterior door onto private deck -- possible in-law suite or home office;
• Lower-level laundry room, in addition to upstairs laundry closet;
• Two-car garage with utility door and automatic door openers; and,
• Unfinished basement with interior/exterior entry doors, ideal for extra storage, work area, or to be finished as additional living space.

Tons of space, perfectly situated on a .72-acre lot, with private wooded back yard, and grassy, landscaped front yard.  All just minutes from Jasper, shopping and Highway 515, in the pleasant, small community of Philadelphia Heights in Pickens County, Georgia.

Crisp, clean, and large enough for comfort, 114 Franklin Court, Jasper GA, is a home for living.  And at this low price, a better deal on a comparable Pickens County home for sale will be hard to find!

Virtual tour this Philadelphia Heights home for sale now!

!!! SORRY . . . THIS HOME IS SOLD !!!

There are tons of blogs and analysis about the Fed rate cut. There is anticipation of a new rate cut next week. But consumer do not understand the relationship of the rate cut to mortgage rates.

Most consumers think a rate cut in the Fed funds market means lower mortgage rates. That is not always the case. In fact this week we saw rates initially go down and them bounce back up. As Realtors in our news letters and information to clients it is important to explain to them that the Bond market has more of a direct impact on mortgage rates. Many buyers especially first time buyers are sitting on the fence waiting for that next rate cut to get them a good mortgage on a home. Many budget minded folks are floating their rate instead of locking.

For our sellers we must make them price realistically and not think a lower Fed funds rate = a lower mortgage rate = lower payments for a buyer, therefore I can price my house higher.

We as Realtors must work hard to educate or clients. Not only about the house they are buying. We must educate them on the finances of buying.

Home sales in Philadelphia Heights neighborhood in Jasper Georgia showed a decline in 2007 from previous years, with only 3 sales reported.  Two of these sales were bank owned foreclosure homes, which sold for well below their ask price / market value, which distorts the 12-month average sale price so much as to make it unusable.

A look at 36-month sales data however, gives us 17 sales, at an average sale price between $170,000 and $180,000 (depending on how the foreclosure data is accounted for).  Currently there are 9 homes listed in real estate, with a few more for sale by owner (FSBO), so plenty of choice, from a very high inventory level that will take time to liquidate if the previous year's sales numbers are used as a guide.

And inventory is exactly part of the problem.  With Pickens County GA home sales off by at least 25% in 2007, the number of homes available for sale has grown considerably, particularly in this price range, leaving many sellers holding the bag. 

With interest rates as low as they are as of this writing, there is hope that some buyers on the sidelines may step in, but it may still take something of a reality check on pricing for many sellers in Philadelphia Heights to become competitive in this sluggish market -- especially those that don't have upgrades or top-rate home maintenance to offer as incentives to buyers.   

For the latest data on market conditions and homes available in Philadelphia Heights subdivision in Jasper, Georgia, contact Trent Cluley -- Keller Williams Realty.

Sales Data for Houses Sold in Philadelphia Heights: 2005-2007

Philadelphia Heights Home Sales Data

* All Sales Data is based on available MLS data, for informational purposes -- accuracy not warranted.  Private, unlisted property sales not included.   

** This sale price of $110,000 is a foreclosure, sold well below market value.  When adjusted for two low-priced foreclosed homes in Philadelphia Heights, average sale price increases to around $177,000.

PHILADELPHIA HEIGHTS Subdivision - Pickens County, Georgia

Jasper's Philadelphia Heights is ideally located off Highway 53 West, less than a mile from the Home Depot / Kroger shopping center and Highway 515.  The neighborhood features fewere than one-hundred homes / homesites on lots that range from less than an acre to one-acre plus.  While the average list price of Philadelphia Heights homes for sale is around $215,000, the average home sale price averages closer to a very affordable $180,000.

All of the houses in Philadelphia Heigths were built in 2001 or later, mostly as spec homes, and as such there isn't much variation in floorplans and styles -- most of the homes are ranch, split-level, tri-level, or some variation thereof, built over a full or partial basement. 

Exterior finishes are mostly vinyl siding with stone accents, while interiors are generally the carpet / laminate / vinyl floors and laminate countertops one would expect to find in this price range, however some homes do offer concrete siding, hardwood floors, and other interior upgrades.

Lot sizes range from less than an acre to just under two-acres.  While front yards are for the most part level to sloping and neatly landscaped with lawns and shrubbery, back yards are generally more wooded and in places somewhat steeper than is found in the front of the homes.  The most level lots are found to the entrance of the Philadelphia Heights subdivision.

Utilities are fairly standard -- public water, septic tanks, hi-speed Internet access, phone, cable, EMC electric, with no amenities offered by the community (no swim, tennis, sidewalks, playgrounds, etc.).  On the plus side is the very minor level of covenants and restrictions placed on property owners, and the lack of any association dues. 

With a couple of exceptions, the neighborhood homes and yards are generally well-maintained.  Despite its access off a busy highway, there is little through traffic, as all homes are contained on one of four culdesac streets.  The subdivision entrance lies directly off Hwy 53, less than a mile to Jasper and Hwy 515, making it a very convenient location in a growing area of town. 

For homebuyers in any stage of the process, Philadelphia Heights offers an inexpensive opportunity for a nice home in a quiet neighborhood, close to town.

For a complete email list of homes currently available in Philadelphia Heights, more information on any homes or land available in Pickens County, or daily email updates of price changes, foreclosures, and homes new to the market in Philadelphia Heights, just send Send Us An Email with your request.  You can also use the Property Search feature to search Jasper homes for sale by neighborhood.