Real estate blog entries tagged with sales by Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA (Long & Foster)

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sales: Park Brooke Homes for Sale - Alpharetta Real Estate Update - Parke Brooke Subdivision - 02/15/09 01:38 PM

This an Alpharetta GA real estate update for the Park Brooke subdivision in Alpharetta. Park Brooke is located in North Atlanta metro area in Alpharetta off the GA 400 North and can be reached via exits, 10.
This is current snapshot of homes for sale in Park Brooke. In this report we will only look at single family detached homes. As of today February 15, 2009
Currently in the Park Brooke subdivision there are:
Active MLS Listings - 8 Homes for Sale in Park Brooke Pending - 0 Park Brooke Home Sales Contingency - Due Diligence - 0 Properties Found … (0 comments)

sales: Wellington Homes for Sale in Alpharetta - Real Estate Update - 02/15/09 01:21 PM

Wellington Homes for Sale - Alpharetta Real Estate Update This an Alpharetta GA real estate update for the Wellington subdivision in Alpharetta. Wellington is located in North Atlanta metro area in Alpharetta off the GA 400 North and can be reached via exits, 10, 11 and 141 North.
This is current snapshot of homes for sale in Wellington. In this report we will only look at single family detached homes. As of today February 15, 2009
Currently in the Wellington subdivision there are:
Active MLS Listings - 10 Homes for Sale in Wellington Pending - 2 Wellington Home Sales Contingency - Due Diligence - … (0 comments)

sales: Windward Homes for Sale - Alpharetta Real Estate Update for the Windward Subdivision - 02/15/09 12:45 PM

Windward Homes for Sale Update - Alpharetta Update This an Alpharetta Georgia real estate update for the Windward subdivision in Alpharetta. Windward is located in North Atlanta metro area in Alpharetta off the GA 400 North and can be reached via exits, 10, 11 and 12.
This is current snapshot of homes for sale in Windward. In this report we will only look at single family detached homes. As of today February 15, 2009
Currently in Windward there are:
Active - 101 Homes for Sale in Windward Pending - 4 Windward Home Sales Contingency - Due Diligence - 0 Properties … (0 comments)

sales: Atlanta Real Estate 2008 Statistics - 2008 Annual Real Estate Recap - 01/21/09 02:19 PM

The following Atlanta real estate statistics was just published this evening January 21, 2009 in our First Multiple Listing Service FMLS (Our primary MLS system for Atlanta) for December 2008. It also included a summary of Atlanta real estate for the year 2008. I will publish a separate Blog for December MLS statistics, and thought the 2008 were important enough to to share on their own merit.
55,000 Active Atlanta Homes for Sale at the end of December. 85,149 Atlanta Expired Listings (70,000 more than 1998's 15,000 expired listings) 32,869 Atlanta Withdrawn Listings 53,786 Sold Atlanta Homes (22% Less than 2007, and 33.7% less than 2006) 45,992 … (4 comments)

sales: Real Estate Statistics - What Real Estate Statistics Need to Tell Us! - 01/19/09 04:29 PM

There is an old accountant joke that goes like this..."How much is 2+2=?" The accountant answers, "How much do you want it to be?" I read a lot of real estate statistics that seem like they were prepared by that same accountant in the joke. The statistics we provide in our industry are a joke most of the time, and very self serving. They make a statement, but avoid the truth. Partial numbers only give us a half the truth. Sometimes no numbers would be better at all than a manipulation of the numbers. It is not about negative news, it is about … (69 comments)

sales: Dead of Winter - Bad Time to Sell, but Great Time to Buy! - 01/01/09 10:00 AM

In all the years I've sold Atlanta real estate I have noticed 2 things for the winter selling season! First of all the best buys of the year always occur in the dark of winter! Sellers that have a home on the market to sell it during the time frame from just before Thanksgiving until mid January are what I would call them"VERY MOTIVATED SELLERS!" No one wants to sell a home during the holiday season unless they have to! For Atlanta home buyers, this is the time to get the best deals, and negotiate the most concessions! For the most part this … (18 comments)

sales: Atlanta Condo - Town Home Sales Decline Dramatically! - 12/25/08 12:51 PM

Our first multiple listing service FMLS which is our primary Atlanta MLS just released the most recent sales data and statistics for November Atlanta real estate sales. The sales of Atlanta condos and Atlanta town homes (attached single family residential) have changed dramatically. Total sales have contracted to only 362 sales for the entire metro Atlanta area. FMLS is reporting a drop in condo sales of 50.1% since last November. I have figured 49% decline since November 2006. I created a 4 year November chart below to show you the sales trends. Please keep in mind this is directly impacted by … (0 comments)

sales: Atlanta Real Estate Sales Fall Again! - 12/24/08 03:44 AM

The most recent statistics for Atlanta homes sales were just released the other day. They are issued on the 20th of the month for the previous months sales*. The numbers for sold homes in the Atlanta area are not good. I have created a chart to show you November 2008 sales for Atlanta homes (single family detached homes) in our FMLS that were sold in November...and compared those sales to previous Novembers. The results are not not good. There term "Atlanta" applies to all homes in the system in our Atlanta FMLS and in the Allanta Metro area and not limited to homes in just the … (14 comments)

sales: Windward Homes for Sale in Alpharetta Georgia - December 2008 - 12/13/08 12:29 PM

This an Alpharetta Georgia real estate update for the Windward subdivision in Alpharetta. Windward is located in North Atlanta metro area in Alpharetta off the GA 400. It can be reached via GA 400 exits 10-12 and via 141 Medlock Parkway and McGinnis Ferry Road.
This is an year end snap shot of what has take place this year, and currently. In this report we will only look at single family detached homes. As of today December 13, 2008
Currently in Windward there are:
Active - 98 Homes for Sale in Windward Pending - 6 Properties Found Contingency - Due Diligence - 3 Properties Found Contingency … (0 comments)

sales: Real Estate Markets Post Elections - 12/04/08 01:10 AM

I was curious how all the real estate markets have been doing since the elections. I want to seperate hype from fact. This is not a political question, but a real estate volume of business question. Where are the buyers? Are agents that were doing bus tours of forclosed homes still doing so? I have personally noticed that inquiries have all but ceased. Some of this is seasonal and not so abnormal for this time of year, but I also feel the slower buyer traffic is due to the gyrations of the stock market, the fear of layoffs etc. This prolonged … (27 comments)

sales: Dacula Georgia Homes for Sale Update - Dacula GA Active Single Family Detached Homes Market Update. - 11/06/08 04:10 AM

Here is the Dacula FMLS Update for Dacula single family detached home listings for sale as of today Thursday November 6 2008. This is for the current inventory activity of single family detached Dacula homes for sale:
Active - 685 Properties Found - Dacula homes for sale Contingency w/Kickout -2 Properties Found Found - Dacula homes for sale Contingency - Due Diligence - 0 Properties Found - Dacula homes for sale Contingency - Other - 0 Properties Found - Dacula homes for sale Pending - 51 Properties Found - Dacula homes for sale
… (4 comments)

sales: Has Your Market Slowed to A Crawl or Died? - 10/04/08 06:27 PM

I noticed in the last few weeks Internet leads in real estate in several markets has slowed to a crawl. Actually it seems like it has died! I was wondering if the market is spooked, no pun intended for the upcoming Halloween! Each time the government announced a bailout, a bank failure or the "Fannie Mae and Freddie Mac Fix"....buyers became more scarce. I really think Congress has spooked the market along wiht the media in recent months. I know it isn't just me. I am hearing this from full time agents, brokers, inspectors, builders, closing attorneys, and mortgage professionals. The … (178 comments)

sales: NAR - Your Last Reports Said This Wasn't So! What Gives? - 07/24/08 06:05 AM

I just read the latest news stories about Existing home sales fall 2.6% to a 10 year low, but last month...if my memory serves me correct NAR reported we were on track to have existing home sales remain in the 5.31 Million range for 2008. Now today I read they have fallen to an annual rate of 4.49 million home sales for existing homes! What gives? Just 22 days ago the number was 5.31 million! Those numbers aren't very close! So which set of numbers are we to beleive? Do they have kindergartners crunching out the numbers at NAR? What about credibility of … (24 comments)

sales: Are Sellers and Agents Waking Up to the Fact Times have Changed? - 07/06/08 04:45 AM

I am still noticing a lot of way over priced listings on the Atlanta real estate market, and whether I am on the listing side or the buyer side of the deal, most folks just don't get it that times have changed. It is like waking up from a bad dream, but the dream is real! Telling your clients the truth is a rough job, but hey...somebody has to do it! If you chose to be a listing agent, then you should be person enough to do your job. If not do everyone a favor and move on. Agents infer that … (22 comments)

sales: Have You Seen the Spring Bounce in Real Estate? - 05/20/08 04:30 PM

I have always referred to the spring real estate market in Atlanta as the "Spring Bounce!" I call it that because the market is known to jump from dead to red hot overnight! May and June are normally our biggest months for closings, but not so this year. In the heat of the Spring market there is normally no time to take care of personal items, until the home buying and selling frenzy subsides.
In the Atlanta area, school lets out very early in May, and most high schools have already graduated, and elementary and middle school will start summer recess in … (27 comments)

sales: Do You Pray? Try It You May Like It! - 05/04/08 12:04 PM

Hardships, and needs can sometimes break our heart when we feel powerless to affect a sale on the home of someone in need. Even the best real estate agent sometimes realizes that there are no quick fixes. Over the years in real estate I've sometimes am astounded when there are no possible solutions on the horizon,...that an earnest prayer actually sold the home! Does this sound unbelievable? It isn't. Sometimes we can have the perfect home listed, at an incredible price with a great location and nothing happens! Other times we get an opportunity to list a home that would not … (46 comments)

sales: The Home Seller Killed the Deal! - 05/02/08 02:24 AM

All too often in Atlanta real estate we work 24/7/365 to sell a home. We sweat out appraisals, declining pools of buyers, compete against mountains of new homes and other resale homes, and negotiations that are nothing short of a blood sport. Then when we get a deal the sellers linger around the home and insist they be their for the home inspection. That's a bad idea! Loose lips sink ships! The seller thinks they are protecting their own property, but it has been my experience that most of the time they say the wrong things. Whether they realize it or not, … (35 comments)

sales: Absorption Rates are Useless! | Atlanta Home Sales - Atlanta Homes Inventory - 01/14/08 02:49 PM

Absorption Rate. A lot of well meaning Atlanta real estate agents grab on to a term and never sit back and figure it out what it really means, and when should it be used! Absorption rates are used to determine the months of inventory, and how long it will take for the market to absorb the inventory in a given range. It takes into account homes sold in the previous year, homes sold in a given month, and a projection of how long it will take for the market to absorb the inventory. It is a great tool in a predictable healty market, not in this one! It is like … (16 comments)

sales: Rivermoore Park Homes for Sale Suwanee | Rivermoore Park Home Sales | Rivermoore Park Subdivision Suwanee GA 30024 - 01/09/08 07:53 AM

The Rivermoore Park subdivision is located in Suwanee Georgia off Peachtree Industrial Boulevard. Rivermoore Park includes a total of six neighborhoods with more than 11 miles of tree-lined sidewalks and trails, 120 acres of parks and greenbelts, and has an 80-acre park. The Rivermoore Park subdivision includes an Olympic-sized pool, 10 lighted tennis courts, a clubhouse and other amenities. Rivermoore Park has an Active Home owner's association HOA, under ground utilities, cable TV, public water and sewer.
There are currently 14 homes for sale in Rivermoore Park , and of those homes in Rivermoore Park for sale... they run from a high of $799,000 and the low price is … (4 comments)

sales: Morningview Homes for Sale Suwanee GA | Morningview Subdivision Home Sales Suwanee GA 30024 - 01/09/08 04:29 AM

The Morningview subdivision is a swim tennis subdivision located in Suwanee Georgia 30024 in Gwinnett county . There are approximately 25 homes for sale in Morningview currently. The high priced home for sale in Morningview is listed at $449,000 and the low price home is listed at $255,000. There are currently 4 properties pending sale Morningview. All are resale homes. If we look at the price and sales trend things are starting to change. Even thoughthe days n market have fallen substantially in Morningview sales, so has the price of the listed home. That represents an 11.9% drop in average home … (0 comments)

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