foreclosures: METRO ATLANTA - REAL ESTATE GAB - NOVEMBER 2011
- 11/02/11 06:23 AM
REAL ESTATE GAB - Keeping up on today's real estate market isn't easy. However, monthly MySUWANEEHome, provides updated information in multiple medias to help keep you informed. Real Estate Gab is a monthly real estate newsletter with market statistics for the Metro Atlanta area; plus articles to help you be an informed buyer or seller. Hope you will enjoy this month's issue of Real Estate Gab. Please feel to email me with comments and/or ideas of what you would like to see in feature issues. Come to my house: MySUWANEEhome.com … (0 comments)
foreclosures: ATLANTA GA - OCTOBER 2011 REAL ESTATE MARKET NEWSLETTER
- 10/17/11 04:29 AM
REAL ESTATE GAB - Keeping up on today's real estate market isn't easy. However, monthly MySUWANEEHome, provides updated information in multiple medias to help keep you informed. Real Estate Gab is a monthly real estate newsletter with market statistics for the Metro Atlanta area; plus articles to help you be an informed buyer or seller. Hope you will enjoy this month's issue of Real Estate Gab. Please feel to email me with comments and/or ideas of what you would like to see in feature issues: Email Janice Looking for more real estate market information? Click on … (0 comments)
A recent report out by Rismedia shows the U.S. economy added more new jobs than was expected. Despite the 9.1 percent unemployment rate, the unexpected news coupled with the uptick in corrected employment gain numbers for the previous two months caused the mortgage rates to tip the mortage rate ladder back up over 4 percent after buyers enjoyed mortgage rates of 3.94% the first week of October.The most recent unemployment numbers for the Metro Atlanta area, however, remain higher than the national average at 10.4 percent. The struggling employment market in the metro area is having a profound effect on our real estate market as well. … (0 comments)
foreclosures: ATLANTA GA - December 2010 Real Estate Market vs December 2009
- 01/24/11 10:38 AM
I am trying a different approach for the month of December. The charts in this report I have created through Trendgraphix, Inc. This will enable you to not only see the Atlanta real estate market activity for December 2010 vs. December 2009 but it will also allow you to see the trending that has taken place throughout 2010. And the voices are many as we jump start 2011. And, they are not necessarily singing in unison - no big surprise! I have decided it is like looking into a crystal ball. There are so many facets which will play into fueling the recovery of the housing market so it makes sense predictions are … (0 comments)
foreclosures: ATLANTA GA - NOVEMBER 2010 vs NOVEMBER 2009 MARKET REPORT
- 01/10/11 07:39 AM
As the year closes out, one begins to wonder what 2011 will bring. Read three reports....get three different answers. I don't know what the new year will bring in real estate for the Atlanta market, but I think we held our own in 2010. Short sales took a front seat to foreclosures; and, I think that will be the case for 2011. But if you are a home owner just wanting to sell your house....it can be done and 2010 proved that. The greatest line I heard this year....and, I use it a lot: "It is a beauty contest and a … (0 comments)
foreclosures: ATLANTA GA - OCTOBER 2010 vs OCTOBER 2009 MARKET REVIEW
- 12/14/10 07:00 AM
The Atlanta real estate market continues to struggle with foreclosures and short sales. Unemployment continues to hold our real estate market down and Gwinnett County specifically continues to lead the metro counties in distressed properties hitting the market. Nationally, however, Realty Times has an article out quoting Laurence Yun, chief economist for NAR, as painting a promising picture for the real estate markets overall in 2011. According to the article, nationally, overall homes sales in October showed an uptick since bottoming in June of this year. What is motivating the buyers? Value and interest rates. Additionally, Laurence Yun, NAR Chief Economist for NAR … (0 comments)
foreclosures: ATLANTA GA MARKET REPORT - JUNE 2010 vs JUNE 2009
- 08/18/10 07:03 AM
The market continues to move along as "The Little Red Engine That Could"; "I think I can, I think I can." And in the end, I have total optimism that the Atlanta real estate market will recover and we will sing loud and clear, "I thought I could, I thought I could!" But the jouney up the hill hasn't been easy. We are seeing more home owners leasing their homes because they have given up trying to sell; or the short fall is too great they have no other option. And in that same vain, more real estate agents are becoming leasing agents. It is a new era in real … (0 comments)
foreclosures: ATLANTA MARKET - SEPTEMBER 2009 in REVIEW
- 11/19/09 03:08 AM
I was at a seminar recently. Among many topics, was of course, the subject of market conditions for Atlanta in 2010. And, as you can imagine, the opinions were mixed. Opinions ranged from a 50/50 chance the recession will turn around (safe bet!) to the possibility of a double dip recession. Other projections included: Interest rates will remain level but rise slightly by the end of 2010 Home prices will remain flat The sweet spot for home sales: $400,000 and under Condo inventory will finally become depleted but at the expense of price slashing S-L-O-W new home starts. Here are the current … (1 comments)
foreclosures: ATLANTA GA - JUNE 2009 in REVIEW
- 08/02/09 09:10 AM
Anyone who lives in the Atlanta area can tell you that the housing market has definitely been affected by the new homes bubble, the large number of short sales and foreclosures as well as a reduction in buyers. Atlanta was one of the top markets in the nation for new home construction until 2006. Currently new homes sales are down 80 percent from peak levels. Georgia currently ranks #7 in the nation for foreclosures. More short sales and foreclosures are expected. For 2009 over 50% of sales are short sales, foreclosures, corporate owned or bank owned properties. Current inventory levels are approximately 16,000 less … (0 comments)
foreclosures: ATLANTA MARKET - OCTOBER, 2008 in REVIEW
- 12/10/08 06:43 AM
There was some glimmer of hope in September, 2008; but, what a difference a month makes. October number results are more gloomy than anticipated.
OVERALL ATLANTA MARKET RECAP A decline of nearly 29% in closings for ALL residential properties was noted this month compared to a year ago. Ranks as the 23rd year-to-year percentage decline. According to RealtyTrac, Georgia's foreclosure inventory is declining; but, the state still ranks as one of the country's highest in foreclosure inventory Home prices were down approximately 9% from a year ago 9,900 foreclosure filings in October Predications loom a 4.5% interest rate on NEW mortgage loans will be approved … (0 comments)
The one thing I have always loved about real estate is nothing ever stays the same. You're market is probably the same way, isn't it? Just when you think you have something figured out, you realize you don't know as much as you thought you did. I don't know about you, but I have always prided myself in staying informed, learning what is new, staying up on changes in the market etc. But these days, it is almost a full time job! I was a bit surprised late last year; or, may be it was the first of this year … (0 comments)
REAL ESTATE GAB - Keeping up on today's real estate market isn't easy. However, monthly MySUWANEEHome, provides updated information in multiple medias to help keep you informed. Real Estate Gab is a monthly real estate newsletter with market statistics for the Metro Atlanta area; plus articles to help you be an informed buyer or seller. Hope you will enjoy this month's issue of Real Estate Gab. Please feel to email me with comments and/or ideas of what you would like to see in feature issues.
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