housing market: Housing Market Slowing Down?
- 04/14/17 05:11 AM
The Atlanta area real estate market has been hot! Some Atlanta area metro counties have seen 15% price increases in the past year. I end up asking the question: Can this continue? I ask this because I do have clients that are falling off of the bottom, meaning they are being priced out of the home market. They have to continue renting and trying to save more money for a home purchase. Unfortunately prices are going up faster than they can save! I am putting a link to an article from the National Association of Realtors entitled: "Home Sales Expected to Expand Modestly in … (1 comments)
housing market: I Had to Stop the Bleeding!
- 06/01/11 04:21 AM
I have been "preaching" that at times you have to cut your losses and move on when it comes to real estate. Unfortunately I had to listen to my own advice. After meeting with my financial planner I decided that I had to take the hit and sell my condo in Florida. From an emotional standpoint it was very difficult, from a financial standpoint it was an even harder decision. I will be going to closing with cash. That is a very tough pill to swallow. However my financial planner showed me the situation from a different perspective. The condo would have … (4 comments)
housing market: The Foreclosures are Taking a Direct Toll on my Personal Home!
- 02/14/11 01:09 AM
I have to admit that The Wells Team has benefited from the sale of foreclosure properties in the North Atlanta area! At the same time my level of disappointment is increasing with respect to my own neighborhood. I purchased my home in 2001. This was well before I entered the real estate industry, before the real estate boom and the real estate bubble. The results: My home is worth less today based on the same model that sold down the street. It was a foreclosure! We have 342 homes in our neighborhood. At this time there is only 1 active foreclosure … (1 comments)
The Atlanta area real estate market has been hot! Some Atlanta area metro counties have seen 15% price increases in the past year.
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