Real estate market trends are hard to keep up with. It is difficult even for those of us who work in the industry to grasp exactly what to believe and not to believe unless we do the research for ourselves. Recent reports indicate there are major cities around the nation who are beginning to see property value increases! That is great news. I can’t say that we are having that experience in our metro Atlanta market; however, there are pockets of areas where property values are on the upswing. With that being said, here is some news you may … (2 comments)
home: Metro Atlanta - Suwanee GA - Real Estate Gab September 2011
- 09/17/11 02:12 AM
REAL ESTATE GAB - Keeping up with today's Metro Atlanta real estate market, as well as the surrounding areas, like Suwanee, isn't easy. However, my monthly issue of Real Estate Gab provides updated statistical market information about Metro Atlanta and the counties of: Gwinnett, Forsyth, Fulton and Hall; 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: Contact Janice
Looking for more real estate market information? Click on the map or link below
… (0 comments)
home: Metro Atlanta GA - How Do You Determine Home Values?
- 08/25/11 06:07 AM
METRO ATLANTA VALUES PEAKED IN JULY 2007CURRENT VALUES DOWN 27.93% It can be very confusing these days with lots of real estate news on television, in the local papers and posted online. So how do you determine what your home is really worth or a home you are considering purchasing? The traditional metrics that track the real estate market include things like “average sale price” or the “median price” which is the price in the middle of the group. These are good reflections of what is being sold but often poor reflections of the values for homes. In 2011, SmartNumbers reports that … (0 comments)
home: DID THE ATLANTA REAL ESTATE MARKET MAKE THE LIST?
- 07/14/11 10:46 AM
Clear Capital Home Data Index came out this month ranking the best performing major cities in the housing market. And, no surprise to see that Atlanta did not make the list. Here is how they lined up: TOP PERFORMING MAJOR CITIES FOR THE FIRST HALF of 2011
Washington, DC - Arlington, VA New York,- Long Island, NY -No. New Jersey, NJ Orlando, FL Dallas-Ft. Worth-Arlington, TX San Francisco-Oakland-Fremont, CA Boston-Cambridge-Quincy, MA Honolulu, HI San Diego-Carlsbad-San Marcos, CA Rochester, NY Memphis, TN CITIES PROJECTED to SHOW HOME PRICE GAINS SECOND HALF 2011 Washington, DC New York Orlando, FL Dallas, TX San Francisco, CA The … (0 comments)
home: Buying a Short Sale? Why You Need an Agent
- 07/08/11 04:31 PM
Most people realize the necessity of hiring a real estate agent to sell a home, but they often take an entirely different approach and opt to go it alone when it comes to buying. But what do buyers need to know when it comes to navigating today’s real estate market - particularly with the increased number of short sale properties?Before you venture into the home buying process, particularly if you are considering a short sale property as an option, take time to consider the benefits derived from working with a knowledgeable real estate agent. The following are some things to think about: Advanced Listings The … (3 comments)
HUD and the U.S. Department of the Treasury released the March edition of the Obama Administration's Housing Scorecard. Nationally, the numbers continue to reflect how fragile our housing market is overall. The report showed dips in home sales and prices. The continuation of foreclosures is keeping home prices depressed. Locally, we saw a 10 percent decline in sales March 2011 compared to one year ago.
NUMBER OF HOMESSINGLE FAMILY DETACHEDMARCH 2010 - MARCH 2011
AVERAGE PRICE PER SQUARE FOOTSingle Family DetachedMarch 2010 through March 2011 The gain in home values continues to struggle in … (0 comments)
home: 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)
home: ATLANTA GA MARKET REPORT - September 2010 vs September 2009
- 11/18/10 01:31 AM
According to the National Association of Realtors (NAR), the success of a housing recovery will lay at the door step of job creation and availability of credit. The tightening of underwriting guidelines is also stifling the housing recovery. And, in the same article, it is projected IF the Bush tax cuts are extended across the board, it could "help create an additional 400,000 jobs in 2011, helping to increase home sales by another 60,000-80,000." (read more: Realtor.org) From a local level, Atlanta continues to struggle as we close out 2010. The high unemployment numbers haven't budged out of 9% for months with … (0 comments)
home: Mortgage Rates Reaching Lowest Rates Ever!
- 10/26/10 05:13 AM
Mortgage rates are now reaching some of the lowest rates on record. The Fed is purchasing long-term investment products, the demand for housing remains low and the prognosis for jobs and an economic rebound is a very slow recovery. Those combined factors are driving rates to historically low levels. In mid October, the Freddie Mac Primary Mortgage Market Survey reported the average rate for a 30-year, fixed rate mortgage was 4.19%. We may see fixed rates under 4%. In a recent meeting with top real estate companies, economists from Bank of America and Wells Fargo predicted that loan products are … (1 comments)
home: ATLANTA GA - August 2010 vs. August 2009 MARKET ACTIVITY
- 10/25/10 08:57 AM
The numbers speak for themselves. Still little to no improvement in the Atlanta market place regardless of what you hear in the media. However, interest rates are great and home values are stabilizing. Until we rid the mortgage companies of their distressed properties, it is my opinion, no one really knows if the "end is in sight."
NOW IS THE TIME!!! HAVE YOU WONDERED IF HOMES ARE SELLING IN THE ATLANTA MARKET? OF COURSE THEY ARE! HOW ABOUT GWINNETT COUNTY SPECIFICALLY?ABSOLUTELY! IS SUWANEE SURVIVING IN THE CURRENT REAL ESTATE MARKET? YOU BET!!!! HOME PRICES ARE STABILIZING.....AND, INTEREST RATES ARE 3.99%. IF YOU HAVE BEEN STRADDLING THE FENCE WAITING FOR THE RIGHT TIME TO BUY.....NOW IS THE TIME!
Come to My House:MySuwaneeHome.com … (0 comments)
home: ATLANTA GA - The First Annual "Race For The Home" Is Coming!
- 08/27/10 03:51 AM
Your Dream Home is Waiting! ...and it is your job to find it! The Atlanta Race For The Home is a city-wide race for your dream home brought to you by HomeFinder.com and Prudential Georgia Realty. In this high-tech race, all of the locations and challenges will be delivered via text message right to your cell phone. Any cell phone, any model, on any carrier can play. And playing is totally FREE! However, spots are limited and you must win a spot to participate, so read more and apply at RacefortheHome.com. The big event starts at 9am on September 25th … (0 comments)
home: Suwanee GA - SUWANEE COMMUNITY GARDEN (White Street Park)
- 05/10/10 05:51 AM
Webster defines community as: “a unified body of individuals” or “the people with common interests living in a particular area”; and, there is no better definition to exemplify Suwanee, GA. This past week Suwanee citizens came together to provide muscle and sweat to prepare for the opening of one more of the many city parks that City officials had purchased -The theme for White Street Park is a community garden – specifically Square Foot Gardening. There are approximately 70 plots which have been rented by Suwanee residents, each ranging in dimensions of: 5x5, 5x12 and 5x14.
With the hot … (0 comments)
home: ATLANTA, GA - June 2008 IN REVIEW
- 07/25/08 06:07 AM
A month-to-month look at SOLDS for single family detached homes for the first six months of 2008. ATLANTA GA - SINGLE FAMILY DETACHED CLOSINGS 2008TOTAL UNITS: 21,677
Come to my house:My Suwanee Home.com
… (0 comments)
home: YOUR SERIOUS ABOUT SELLING! NOW WHAT?
- 07/12/08 04:54 PM
ELEMENTS TO SUCCESSFUL SELLING LET ME ASK: Are you wondering if, as a seller, there is anything you can do to increase your chances for a successful sale in today's market place? KEYS to IMPROVE YOUR CHANCE
FOR A SUCCESSFUL SALE
Pricing - Start with a realistic price based on today's market - Aggressive pricing from the beginning is one of the most important factors to the success of selling your home. Aggressive pricing requires that you cannot price "at" marrket but instead … (4 comments)
;)
;)
;)
