Effingham County, GA Real Estate News

By Arlow Real Estate Group in Savannah, Pooler & Richmond Hill
(Keller Williams)
Congratulations John Sherrod for receiving a 5 star rating when he helped Lori find a home in Rincon when she relocated to the area. What made you decide to work with John: "Once we communicated on the internet, you were very accommodating and extremely helpful and knowledgeable about the area and whole process." In your own words what did you like about working with me: "Everything. Mostly that you were very approachable and friendly." If you or someone that you know  is relocating to the area and wants to receive 5 Star treatment, contact John Sherrod at (912) 790-6005 or visit John on the web at www.SavannahJohn.com John is the Lead Buyer's Agent for the Mark Arlow Home Selling Team. John was born and raised in this area and is extremely knowledgeable about real estate  in the area,...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Saw two manufactured houses yesterday. The 203k is is a great way to bring a home up to snuff. You can update the home for sure but many times is is all about installing a perimeter foundation so the home qualifies for FHA financing on owned land.  You can actually replace a home with a modular home if you utilize the foundation. In the area of GA we were in there were lots of these homes. You can imagine that they may need some work or a perimeter foundation. They are Perfect for a 203k
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By Marian Lancaster
(Fred Williams New Home Sales, Inc)
  With so much conflicting information in the media today, I think it's time to focus on what we KNOW: Fact - Currently interest rates are at an all time low. Fact - Real estate prices are depressed and lower than they have been in years. Fact - Real estate prices in some areas are going back up or have reached their bottom.  Fact - To be eligible for the tax credit your contract must be fully executed by 4/30/2010 with a closing date on or before 6/30/2010 Fact - Interest rates cannot stay this low forever, they are in fact anticipated to increase by the 2nd quarter of 2010. Fact - The rise of inflation is inevitable and the one thing the Fed can control to combat this rise is raising interest rates. Fact - In an effort to stimulate the housing market our government has extended the $8...
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By Marian Lancaster
(Fred Williams New Home Sales, Inc)
The following Q & A was posted by the Effingham County Tax Assessor's Office, and it's extremely informative for those of you who wonder if you qualify for Homestead Exemption.  Who couldn't use a tax break?  What are the homestead exemptions offered by the State and county?The homestead of each resident of the State of Georgia actually occupied as a residence and homestead on January 1 of the tax year, may be exempted from certain Ad Valorem Taxation providing the exemption is returned and claimed in the manner prescribed by law and approved by the County Board of Assessors. All exemptions must be filed with the Tax Assessors office between 8:30 AM and 5:00 PM, Monday through Friday. Application must be filed by April 1 to apply to current year.Failure to make application within the pr...
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By Marian Lancaster
(Fred Williams New Home Sales, Inc)
It's a common question lately - "You're a Realtor?  Ohhh...so how's business?"  My answer, in turn, is not what the asker usually expects.  That's become BUSINESS is great!  2009 was a record year for our company, having contracted over 200 homes in the Savannah Metropolitan Area.  This success was the result of years of planning and the vision of a brilliant man, as well as a daily dedication to working a solid business plan.  I am a member of the new home sales division with Fred Williams New Home Sales, Inc. and we promote the concept "More House, Less Money" while implementing the philosophy of "Do well by doing good".  This combination of quality and customer service seems to be the key to our company's success. Our sales team is comprised of eight of the top salespeople in the Sav...
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By Sheila H. Bragg, ABR
(ERA Southeast Coastal Real Estate)
What comes to mind when you hear God's name?  Big, scary?  I used to.  I had the Trinity neatly packaged.  God was the big scary judge.  Jesus was my friend and Savior.  The Holy Spirit was...well, the Holy Spirit.   My perception was so small.  We serve a big God who holds the universe together just by His Word.  We serve an awesome God who delights in our friendship.  Why?  Because He loves us.  I heard a message on that yesterday and it just touched me so deeply that this uncontainable, everlasting, omniscient, omnipresent God wants to be friends...no, rather He delights in being my friend.  Little old insignificant me.  Wow.... I've been a believer since I was 7.  In the last 6 years, the Father has increased my faith and grown me in ways that I would have never imagined.  What was ...
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By Sheila H. Bragg, ABR
(ERA Southeast Coastal Real Estate)
Social networking sites are all over the internet.  You can get LinkdIn or Plaxo or Facebook or Reunion.com or Classmates.com, MyLife or MySpace or Twitter (still can't seem to "get" that one).  I know several realtors who "dont' have time to mess with that stuff" when I have asked them about joining Facebook.  Are you kidding me? It is the PERFECT place to get out there, re-connect with old school friends, colleagues and potential clients. The best part of it is that it is FREE advertising. Each person is different and they are going to prefer one social site over another. I am still working on my blogging skills and getting into the regular habit of doing so.  I am addicted to Facebook because I can keep up with it on my Blackberry and respond to any comments instantly.  Last year, I ...
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By Sheila H. Bragg, ABR
(ERA Southeast Coastal Real Estate)
Is going on with this country and the economy???  To read the news, it's total gloom and doom.  Yesterday I was reading an article on how many people are living in tent cities ranging from Reno to Athens, GA because they've lost their jobs and their homes.  Today there's an article on the President's plan to save the economy with a whopping $700 billion dollar fix.  Where is this money coming from?? There have been no spill of details on who exactly it's going to help except the mortgage companies left holding bad mortgages.  What about homeowners who are currently struggling to pay their mortgages and have lost their jobs? I see this struggle everywhere and from what I am reading, this is the largest financial bailout since the Depression.  Yet, they don't want the media to call it a r...
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By Sheila H. Bragg, ABR
(ERA Southeast Coastal Real Estate)
We've all heard that famous saying from the movies but how does it apply to real estate?  How about changing up the words a little bit to "If you price it right, it will sell!"  Even in this market? Yes, even in this market. The proof is in the pudding (I'm going to cliche' this blog to death).  4 homes in my neighborhood were for sale by the builder at a higher price (in the $180's).  They sat on the market until they finally were foreclosed on.  An agent in our office got the listings from the mortgage company and priced them almost $40,000 less.  They sold in less than a month.  If your house is sitting, not selling...check your price first.  Is it too high?  Are you being reasonable?  Even if you list it high, figuring people will offer you less, you are missing out because people t...
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By Sheila H. Bragg, ABR
(ERA Southeast Coastal Real Estate)
Labor Day weekend is upon us.  It seems to have gotten here too quickly this year.  Shouldn't we at least have another week before the holiday?  Not that I'm complaining...it just seems that this year is flying by.  I guess the older you get the faster time goes by.  Do you have any plans for this weekend or Monday?  Or do you just plan to "wing it" and do whatever hits you on the spur of the moment? Personally, I'm a spur of the moment kind of person.  I hate planning things in advance.  For some strange reason, it makes me feel trapped.  I had floor duty Saturday morning.  I came home, took a nap, cut the grass, swam a little, ate some boiled peanuts and just enjoyed the day.  Nothing stressful.  Today I got up and went to the early service at church (what was I thinking????).  I'm st...
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By Sheila H. Bragg, ABR
(ERA Southeast Coastal Real Estate)
With all the choices in today's market, how do you go about finding the right home? It seems the more research you do, the more alternatives you discover. It's important to visualize your needs and plan ahead. "Know what you want in a home, what's important to you, and what you can live without," Sheila H. Bragg, Realtor of RE/MAX 1st Choice says. "Many of us start out with a champagne taste and a beer budget, so it's important to be realistic," she adds. Where and what you buy will affect you for as long as you live in the house. "Get your priorities in order before you start looking or even talk to a real estate broker or sales associate," Bragg says. For first-time home buyers this is a new experience, so it's especially important to do your homework. If you currently own a home, you...
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By Sheila H. Bragg, ABR
(ERA Southeast Coastal Real Estate)
Do you ever wish you were "back in the day" (as my kids call it) when people in the area in which you lived felt more like a community of friends and family? Growing up in Savannah, everybody seemed to know everybody.  People looked out for one another.  But then, as things do, people moved and things changed.    Then we moved into Effingham... I loved it here from the minute I set foot here.  People actually waved at you as you were driving down the road.  Complete strangers!  I was so shocked that I couldn't wave back fast enough.  Complete strangers will start up conversations with you at WalMart or wherever you happen to be.  I had been away from that type of community for so long, it took me a while to get used to it again.  But I love it.  It reminds me of "back in the day."    We...
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By Christy Powers, Pooler, Savannah Real Estate Agent
(Keller Williams Coastal Area Partners)
May Sales Data Number of sales during this period: 60 Average Sales Price: $180,926 Percentage of Asking Price Obtained: 96.5% The Average Time on the Market: 112 days     April Sales Data Number of sales during this period: 49 Average Sales Price: $182,067 Percentage of Asking Price Obtained: 96.9% The Average Time on the Market: 127 days
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By Christy Powers, Pooler, Savannah Real Estate Agent
(Keller Williams Coastal Area Partners)
April Sales Data Number of sales during this period: 49 Average Sales Price: $182,067 Percentage of Asking Price Obtained: 96.9% The Average Time on the Market: 127 days     March Sales Data Number of sales during this period: 47 Average Sales Price: $192,084 Percentage of Asking Price Obtained: 96.87% The Average Time on the Market: 141 days
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By Christy Powers, Pooler, Savannah Real Estate Agent
(Keller Williams Coastal Area Partners)
March Sales DataNumber of sales during this period: 47Average Sales Price: $192,084 Percentage of Asking Price Obtained: 96.87%The Average Time on the Market: 141 daysNumber of Condos Sold: 0Number of Mobile or Modular Homes sold: 4Number of Single Family Homes sold: 42Number of Townhomes sold: 1   February Sales Data Number of sales during this period: 44 Average Sales Price: $176,735 Percentage of Asking Price Obtained: 93.8% The Average Time on the Market: 147 daysNumber of Condos Sold: 0Number of Mobile or Modular Homes sold: 4Number of Single Family Homes sold: 39Number of Townhomes sold: 1   For a Complete List of All the Homes Sold, go to my Effingham County Sales Report.
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By Christy Powers, Pooler, Savannah Real Estate Agent
(Keller Williams Coastal Area Partners)
Effingham County:   Guyton  Guyton Elementary - Kindergarten through Fifth Grades  Marlow Elementary - Pre Kindergarten through Fifth Grades  Sand Hill Elementary - Kindergarten through Fifth Grades  South Effingham Elementary School - Kindergarten through Fifth Grade South Effingham Middle School - Sixth through Eighth Grades  South Effingham High School - Ninth through Twelfth Grades   Rincon  Blandford Elementary - Kindergarten through Fifth Grades  Ebenezer Elementary - Kindergarten through Fifth Grades Rincon Elementary - Kindergarten through Fifth Grades  Ebenezer Middle School - Sixth through Eighth Grades    Springfield  Springfield Central Learning Center - Pre Kindergarten  Springfield Elementary - Kindergarten through Fifth Grades  Effingham County Middle School - Sixth thro...
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By Christy Powers, Pooler, Savannah Real Estate Agent
(Keller Williams Coastal Area Partners)
February Sales DataNumber of sales during this period: 44 Average Sales Price: $176,735 Percentage of Asking Price Obtained: 93.8% The Average Time on the Market: 147 daysNumber of Condos Sold: 0Number of Mobile or Modular Homes sold: 4Number of Single Family Homes sold: 39Number of Townhomes sold: 1 January Sales Data Number of sales during this period: 27 Average Sales Price: $165,070 Percentage of Asking Price Obtained: 96.4% The Average Time on the Market: 109 daysNumber of Condos Sold: 0Number of Mobile or Modular Homes sold: 3Number of Single Family Homes sold: 23Number of Townhomes sold: 1 For a Complete List of All the Homes Sold, go to my Effingham County Sales Report. cpower21@gmail.com Keller Williams Realty Coastal Area Partners Office: 912-356-5001 Cell: 912-308-2699 www.we...
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By Christy Powers, Pooler, Savannah Real Estate Agent
(Keller Williams Coastal Area Partners)
January Sales DataNumber of sales during this period: 27 Average Sales Price: $165,070 Percentage of Asking Price Obtained: 96.4% The Average Time on the Market: 109 daysNumber of Condos Sold: 0Number of Mobile or Modular Homes sold: 3Number of Single Family Homes sold: 23Number of Townhomes sold: 1  December Sales DataNumber of sales during this period: 47 Average Sales Price: $166,353 Percentage of Asking Price Obtained: 96.5% The Average Time on the Market: 130 daysNumber of Condos Sold:0Number of Mobile or Modular Homes sold: 6Number of Single Family Homes sold: 41Number of Townhomes sold: 0  For the addresses of all the listings sold in January 2008, go to my Effingham County Sales Report. 
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By Christy Powers, Pooler, Savannah Real Estate Agent
(Keller Williams Coastal Area Partners)
December Sales DataNumber of sales during this period: 47 Average Sales Price: $166,353 Percentage of Asking Price Obtained: 96.5% The Average Time on the Market: 130 daysNumber of Condos Sold:0Number of Mobile or Modular Homes sold: 6Number of Single Family Homes sold: 41Number of Townhomes sold: 0 November Sales Data Number of sales during this period: 48 Average Sales Price: $179,878 Percentage of Asking Price Obtained: 98.1% The Average Time on the Market: 117 days The current number of active listings in this area is 703. At the current sales rate, it would take almost 15 months to sell all current active inventory.
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By Christy Powers, Pooler, Savannah Real Estate Agent
(Keller Williams Coastal Area Partners)
November Sales Data: Number of sales during this period: 48 Average Sales Price: $179,878 Percentage of Asking Price Obtained: 98.1% The Average Time on the Market: 117 days  October Sales Data:Number of sales during this period: 42 Average Sales Price: $182,314 Percentage of Asking Price Obtained: 97.5% The Average Time on the Market: 88 days  Unlike Chatham County, the sales data in Effingham County seems pretty consistent. The number of sales increased along with the percentage of asking price obtained. The average sales price went down slightly while the average days on the market increased. For more information or to ask questions, contact me anytime. 
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