ray hutto: Rental Increases While Home Prices Remain Low - 02/25/12 01:06 AM
RayHRealtor - Atlanta Home Connections
Rents are continuing to increase and are projected to as the demand is high.  The Rental market today is what the housing boom was in early 2000.  Home prices and Interest Rates remain low and you can get a home with a payment that could be less than rent. 
You have many options when buying a home today.  The home can be a Foreclosure, Short Sale, Fannie Mae, Freddie Mac, HUD or a traditional sale.  You can put as little down as $100.00 for a HUD home or 3 1/2% with a FHA loan.  Most sellers will contribute … (0 comments)

ray hutto: Short Sale Fast - 02/17/12 11:51 PM
RayHREALTOR - Atlanta Home Connections
I listed a Short Sale on January 30, 2012 and priced it correctly with the Comps in the neighborhood. In a matter of 2 weeks, an offer came in close to asking price. All the necessary Short Sale Documents were submitted to the Bank 2 days after it was listed. It is imperative that all documents be submitted to the bank timely to ensure a smooth Short Sale transaction.
Having a CDPE - Certified Distressed Property Expert on your side when you need to Short Sale your home is the best way to have a successful … (0 comments)

ray hutto: Market Recovering - 02/17/12 04:56 AM
RayHREALTOR - Atlanta Home Connections
All indications are that the Market is beginning to recover.  Current housing inventory is declining, banks a loosening credit requirements and buyers are starting to feel more comfortable about buying.  Even if you are thinking of selling, now is the best time of the year to put your home on the Market,  Many Homeowners have been waiting for the market to show signs of recovery to sell their home. 
If you are thinking of buying, take advantage of the Interest Rates and the low prices.  If you are thinking of selling your home, spring is the … (1 comments)

ray hutto: Metro Atlanta Market - 02/14/12 08:58 AM
RayHREALTOR - Atlanta Home Connections
The market in North Metro Atlanta is showing signs of recovery.  Home buyers seem to be out much earlier this year than most.  The inventory is decreasing and homes seem to be selling.  All this with the interest rates and home prices at historical lows is now spurring home buyers.
If you are a first time buyer or a homeowner who is ready to move up, take advantage of this time.  Even sellers are seeing home move faster.
Call me today and lets get started.
RayHREALTOR - Atlanta Home Connections

ray hutto: Home Owners Shouldn’t be Washington’s Personal ATM - 02/09/12 03:54 AM
RayHREALTOR - Atlanta Home Connections
Published: February 9, 2012
Congress is looking to home owners once again — this time to pay for the payroll-tax extension.
Washington’s inability to put aside partisan politics and solve long-term problems is placing home owners in harm’s way again. Searching for a means to extend the payroll tax cut that expires at the end of the month, Congress is considering charging home buyers and owners higher Fannie Mae and Freddie Mac loan fees, known as guarantee fees.
Fannie and Freddie charge g-fees to cover their losses when home owners default on their loan. In turn, … (0 comments)

ray hutto: Short Sale Update - 02/09/12 03:18 AM
RayHRealtor-Atlanta Home Connections
Banks are getting better at working with clients who need to Short Sell a home. They are now ordering Appraisals when the Short Sale is initiated. This enables the homes to be listed correctly and to help the it get sold quicker.
If you or anyone you know is struggling making house payments or are behind. don't let it be foreclosed on. Banks are wanting sellers who can no longer afford their home to short sell. The Short Sale process have become much smoother enabling you to get out and start over.
The phantom tax law is … (2 comments)

ray hutto: Time to sell your home now - 01/28/12 02:45 AM
RayHRealtor - Atlanta Home Connections
If you are thinking of selling your home or need to sell, you may want to list it soon. In the Metro Atlanta area foreclosures are projected to rise in the next couple of months. This is due to the back log in 2011 and they are starting to release them. These foreclosures will have an impact if you are needed to sell your home.
Get your house on the market now. Price it aggressively so you will not be impacted by the release of these foreclosures. Call me today and I will market your home … (0 comments)

ray hutto: Time to buy is NOW - 01/17/12 06:36 AM
RayHRealtor.com - PlamerHouse Properties
If you have been waiting to buy or invest in Real Estate, NOW IS THE TIME. Next week interest rates will go up from the Payroll Tax cut signed into law in December. Also, FHA is most likely going to raise the down payment to 5% from 3%. With housing prices at an all-time low and the market stabilizing, this is the best opportunity to BUY. We will never have this type of opportunity again.
Call me today and let's find you a property!
RayHRealtor.com - PlamerHouse Properties

ray hutto: Home Affordability Offering Up 40-Year Deals - 01/11/12 05:22 AM
RayHRealtor.com - PalmerHouse Properties
Home affordability is at 1971 levels, due to falling home prices and record low mortgage rates, pushing home ownership in reach to more families, according to the U.S. Department of Housing and Urban Development (HUD).
Home owners are bringing in nearly double the median income they need to cover the cost of an average home, HousingPredictor reports.
"With interest rates at historically low levels and markets across the country beginning to improve, home ownership is within reach of more households,” Bob Nielsen, chairman of the National Association of Home Builders, said in a statement.
Home sales have … (0 comments)

ray hutto: Emerging Foreclosure Trends for 2012 - 01/11/12 04:01 AM
RayHRealtor.com - PalmerHouse Properties
There was an abundance of good news on the foreclosure front in 2011 that might portend a rosy outlook for 2012 — at least at first blush.U.S. foreclosure activity was down on an annual basis in every month during the year through November, according to RealtyTrac’s monthly foreclosure market reports. These annual decreases put the nation on pace to have fewer than 2 million properties with foreclosure filings for the year, down more than 30 percent from the nearly 2.9 million properties with foreclosure filings in 2010.
Foreclosure activity in 2011 is on track to be down … (0 comments)

RayHRealtor  PalmerHouseProperties
Great news yesterday on High End Homes in the North Atlanta Metro Area. The High End Market has been one that has not had many transactions for many years. Yesterday, it was reported that more High End Homes on the market are starting to sell. Of these transactions, 32% were cash buyers. This is a good sign that the market is starting to level off and consumers are beginning to feeling confident. This will eventually pass down to the entire market.
If you have been thinking of moving up or you have been waiting to buy, now is the … (0 comments)

ray hutto: FHA Waives Anti-Flipping Rule Through Year-End to Speed REO Sales - 01/06/12 07:42 AM
RayHRealtor  PalmerHouse Properties
The Federal Housing Administration (FHA) is extending the temporary waiver of its property anti-flipping rule through the end of 2012.
The new extension announced late last week will permit buyers to continue to use FHA-insured financing to purchase HUD-owned and bank-owned properties, no matter how long the homeowner has held the title, through December 31, 2012.
FHA says the waiver will allow homes to resell as quickly as possible, helping to stabilize real estate prices and revitalize communities experiencing high foreclosure activity.
“This extension is intended to accelerate the resale of foreclosed properties in neighborhoods struggling to overcome … (1 comments)

ray hutto: 2012 Market Update - 01/03/12 09:51 AM
RayHRealtor - PalmerHouse Properties
Good news from many new sources that the Real Estate Market is starting to level off. Analysts are predicting that 2012 will mark a turnaround for the real estate market, after years of a drastic slowdown in activity. Pending Home Sales Index reached its highest level in a year and half. Pending home sales — a gage for the future of the market — increased 7.3 percent in November to a reading of 100.1.
It is the best time to buy with the prices and interest rates at historical lows. With this bright news, don't let this … (0 comments)

ray hutto: Rental Market Takes Shaper - 12/28/11 08:18 AM
RayHRealtor - PalmerHouse Properties
The multifamily market continues to post gains.
"Rents are rising, vacancies are falling, household formations are growing and rental supply is limited," according to a recent report, “2012: The Year of the Landlord,” issued by Morgan Stanley. "We believe the demand for rental properties will continue to grow."
Vacancies of rental properties dropped to 9.8 percent in the third quarter of this year compared to 10.3 percent earlier this year.
Led by strong gains in multifamily housing, groundbreaking for new-housing market soared 9.3 percent in November. Construction of multifamily homes of at least two units increased 25.3 … (0 comments)

ray hutto: Home Prices Leveling Off - 12/28/11 07:57 AM
RayHRealtor - PalmerHouse Properties
Many buyers are waiting to see if the Housing market is going to continue to drop. According to Kiplinger, the market may finally leveling off and we might start seeing a gain in 2013 . With interest rates still hovering under 4% this is the best time to buy or invest in Real Estate. We may never see prices and interest rates this low again. If you have been waiting to buy or invest in Real Estate, this may be the best time.
You have many options when buying Real Estate today. There are Short Sales, Foreclosures, … (0 comments)

ray hutto: Rates From Fidelity in GA - 12/17/11 07:56 AM
Interest Rate Update for Friday, December 16, 2011
Rates are Awesome
Conventional Conforming:                                            Government:                                       
30 fixed: 3.875%    ( .500)                                                  FHA 30 fixed:  3.750% * (1.500)          
15 fixed: 3.125%                                                                 FHA 5/1 Arm:  2.750%                    
5/1 Arm: 2.750%                                                                 VA 30 fixed:    3.750%   ( 1.375)                  
*Lender credit.
What is a lender credit? Lender credit is money the lender pays towards your closing cost. If you have a 200K loan amount and are getting a 1 point lender's credit, the lender is giving you $2000 towards your closing costs.......
Loan limit for FHA is back to the … (0 comments)

ray hutto: Rates Drop Again - 12/16/11 04:15 AM
RayHRealtor - PalmerHouse Properties
Interest Rates down below 4% again this morning.  With Home prices and Interest Rates at historical low, now is the perfect time to buy or invest in Real Estate.  Home prices are lower in the Winter months.  Call me today and I can help you find the most ideal property.
RayHRealtor - PalmerHouse Properties

ray hutto: Tired of Distressed Homes? - 12/15/11 02:47 AM
RayHRealtor - PalmerHoues Properties
Are looking for a home and interested in finding the right one? Many buyer are searching for a great deal and think that a Distressed property is the best way to go. As more and more properties sit for years vacant, they are deteriorating and need major repairs and updates. If you are interested in buying and want a nice home, call me and I can show you homes that are a good buy and not in a distressed situation. You still can get a home that is reasonably priced and in good condition.
RayHRealtor - PalmerHoues … (1 comments)

ray hutto: Buying a Short Sale - 11/16/11 01:37 AM
PalmerHouse Properties - Roswell
The market has all kind of options when buying a home. A Short Sale can be a great buy if you know the process. Typically these properties are in better condition than foreclosures as the are usually still occupied and are in better shape. You must have patience when purchasing a Short Sale because they can take anywhere from 60 days to 6 months to close.
As a Realtor who has a CPDE (Certified Distressed Property Expert) designation, I have all the knowledge to facilitate this type of transaction. Call me today and I can … (0 comments)

ray hutto: Sitting on the fence to buy? - 11/13/11 04:05 AM
PalmerHouse Properties - Roswell
Are you a buyer who is sitting on the fence wondering if it is time to buy? Well the rates dropped again to below 4% and the home prices are the lowest we will ever see. Imagine if you could buy a house with a payment that is equal to what a car payment is. It is true and you can get a house with only $100.00 through HUD. Today there is as many options to buying a home. In today's market you need a Realtor that has all the knowledge of all programs to buy … (0 comments)

Ray Hutto, REALTOR - Roswell

Ray Hutto

REALTOR - Roswell

Roswell, GA

More about me…

Address: 4651 Sandy Plains RD, Suite 100, Roswell, GA, 30075

Office: (404) 510-3340

Mobile: (404) 510-3340

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