UPDATED WITH VIDEO! You've Got to "Ac-cent-tchu-ate the Positive" | Look on the Bright Side of the Real Estate Market

By
Real Estate Agent with RE/MAX Around Atlanta GA RE License #296541

Real estate market bringing you down? Well, in the immortal words of Bing Crosby and the Andrews Sisters...

music notes 

"Ac-cent-tchu-ate the Positive"
You've got to accentuate the positive, Eliminate the negative,
Latch on to the affirmative, Don't mess with Mr. In-between.

You've got to spread joy up to the maximum, Bring gloom down to the minimum,
Have faith, or pandemonium liable to walk upon the scene.

To illustrate His last remark:
Jonah in the whale, Noah in the arc,
What did they do
Just when everything looked so dark?

Man, they said we'd better
Accentuate the positive, Eliminate the negative,
Latch on to the affirmative, Don't mess with Mr. In-between.
[Johnny Mercer, Harold Arlen - Transcribed from vocals by Bing Crosby and the Andrews Sisters]

music notes

 

Our Atlanta-area MLS (FMLS - First Multiple Listing Service) sent out a great email today discussing the fact that "negative housing reports in the media have altered the public's perception of the value - and potential - of today's real estate market.  When too many people share too many exaggerated messages of gloom and doom, market perception runs the risk of becoming market reality."

Here are a few positives I'd like to "ac-cent-tchu-ate":

  • Interest rates remain at historic lows; today's consumers are not battling the interest (or inflation) rates of the 1970s and 1980s.
  • Conventional financing remains available to many, and FHA loans are on the rise.
  • The value of a home typically doubles every 10 years, on average.  How's that for a return on investment?
  • Over the past 30 years, homes have appreciated an average of 6.6% per year, more than any savings account interest rate, and more than most CDs or other investment vehicles.  And the return on the actual initial investment is even more significant when you consider that most homeowners invest only a small fraction of their home's total value in their down payment.  That's the power of leverage.
  • The average homeowner today holds 36 times the wealth of the average renter.  Why?  Keep reading below...
  • 60% of the average homeowner's wealth rests in their home's equity.  Homeowners who look at home ownership as a long-term proposition are the homeowners who most reliably build equity.  So putting down roots with home ownership can be the most important step in building your financial foundation.
  • Home equity is the largest single source of wealth for most Americans.
  • A house becomes a home... and that's more than an investment: it's a way to enjoy your life, and provide a stable environment for your loved ones.

Anyone who has read our blog know that we make a concerted effort to report the positives in Atlanta-area real estate. It's really not all doom and gloom! And this is a great time to buy, especially if you can qualify for an FHA loan, the popularity of which is on the rise again.

If you have questions about the Atlanta-area real estate market or are in the market to buy or sell a home, call The Gebhardt Group today! We'd love to help you see the positive side of homeownership!

 Subscribe to The Gebhardt Group's Real Estate blog today!

Maura Gebhardt
The Gebhardt Group
RE/MAX Greater Atlanta
10220 Medlock Bridge Road
Johns Creek, GA 30097

(770) 751-5895
email: Maura@GebhardtGroup.com
website: http://www.gebhardtgroup.com/
blog: http://www.gebhardtgroupblog.com/

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Rainmaker
510,059
Ann Heitland
Retired from RE/MAX Peak Properties - Flagstaff, AZ
Retired from Flagstaff Real Estate Sales
Jumping musical notes are good. Your list is great! Thanks for the post.
Nov 15, 2007 08:35 AM #1
Rainer
96,191
Maura Neill
RE/MAX Around Atlanta - Alpharetta, GA
North Metro Atlanta Real Estate

Thanks, Ann! I like the musical notes, too! =)

I found the song on YouTube and added it - I wish it was a live video of Bing with Patty, Maxene and Laverne, but the slide show is fun, too!

~Maura Gebhardt

Nov 15, 2007 11:07 AM #2
Rainmaker
105,533
Josette Skilling
Keller Williams Capital Properties - Bethesda, MD

I think we do all need to counter the constant negative tone of the national press.  Houses are selling!

Nov 15, 2007 11:41 AM #3
Rainer
96,191
Maura Neill
RE/MAX Around Atlanta - Alpharetta, GA
North Metro Atlanta Real Estate

That's right, Josette! They're definitely selling here!

~Maura Gebhardt

Nov 15, 2007 11:42 AM #4
Rainer
16,549
Tyghre Collentine
Coldwell Banker Burnet - Minneapolis, MN

Great post Maura, and thanks, I hope one day I can write posts as well as you do...by the way, it suppose to snow here this weekend :( I'm so not ready winter.  Have a good night!  Grey's Anatomy on so I'm off for the night!!!

Tyghre'

Nov 15, 2007 12:10 PM #5
Rainer
96,191
Maura Neill
RE/MAX Around Atlanta - Alpharetta, GA
North Metro Atlanta Real Estate

Hi, Tyghre! Thanks for stopping by! Your blog is looking great - I think you write really well. Plus it's interesting and always different - I try to make sure my blogs are always different, always changing.

Stay warm!

~Maura

Nov 30, 2007 07:38 AM #6
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Rainer
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Maura Neill

North Metro Atlanta Real Estate
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