For Buyers Category

Lilburn Market Report – March, 2010

Market stats for Lilburn, GA March, 2010, indicate that there are 419 properties on the market (as of March 31st). Overall, there is about a 15.3 month supply of properties, with a slowing in sales since December.  That is fairly normal for the winter season.  March sales were up compared to 2009, though. Read the rest of this entry »

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Lilburn, GA, on FaceBook will be changing…

This is actually Tom's Restaurant, NYC. Famous...
Image via Wikipedia

Still working on the details, but there are changes coming.

The end goal is to create more of a hyper-local news site.  As we build towards that goal, we are inviting local businesses to post specials and information for Lilburn area residents.  The real estate content is going to be ratcheted down as the other content is built up.

There will also be a few surprises coming… Read the rest of this entry »

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Lilburn Market Report, March, 2010

Lilburn is in Gwinnett County, GA, just outside of Atlanta.  As of the 2000 Census, there were 11,307 people in Lilburn, but that is only including people in the city limits, and there has been a lot of growth since 2000 in Gwinnett County.  It was incorporated in 1910.  Lilburn is home to Parkview High School, and also has students that the Brookwood, Berkmar and Meadowcreek clusters. It is also home to Killian Hill Christian School, Providence Chrisian Academy, St. John Neumann Catholic School and Parkview Christian School.  Possibly the most famous resident of Lilburn is General Beauregard Lee, a groundhog with a better winter prediction record that Puxatawnee Phil up in PA. Dominique Wilkins, formerly of the Atlanta Hawks also lives in Lilburn.

Market stats for Lilburn, January, 2010, indicate that there are 359 (January 31st) properties on the market. Overall, there is about a 10 month supply of properties, with a slight acceleration in sales during October and November, but slowing in December and January. Read the rest of this entry »

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Gwinnett Market Reports from January…

The real estate market for Gwinnett County is in a state of flux.  There are wide variations between different location throughout the county, as well as different price strata.  There are a few themes that are readily apparent, but some locations and price ranges are standouts (good or bad)… Read the rest of this entry »

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Interesting article on where people are moving within the US…

City of Atlanta

I ran across an article that parses IRS data on which states are gaining population and which are losing population.  GA is doing pretty well on the list… only a couple of states gained more population that we did here in GA.  Texas and North Carolina picked up more households than the 37,000+ Georgia picked up.  The big losers were Michigan and New York.

The information was assembled by the AP from IRS data points.  Here is a link back to the article. Read the rest of this entry »

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Looking for a Deal on a New Home around Gwinnett County, GA?

Map of Georgia highlighting Gwinnett County
Image via Wikipedia

I’m here for you.  I have been getting these emails for years from builders promoting their inventory of homes.  In some cases, they are offering incentives to agents to bring buyers to their communities.  In other cases they are offing incentives to buyers.  Sometimes, there are bothRead the rest of this entry »

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Flashback Friday and the County Assessors facing reality

Great Seal of the State of Georgia
Image via Wikipedia

Last year I wrote about Senate Bill 55 in the Georgia Senate.  Basically, the bill required the Counties to include foreclosures in assessments.  Previously, assessments for taxes excluded foreclosures, so they (falsly?) increased values and tax revenue to the counties.

While that makes it tough for the counties, it is a needed break for home owners.  The counties complained that they would lose revenues… well, the people are losing revenue, too.  They have to suck it up.

In the last year, the bill quietly passed and was signed into law by Governor Sonny Perdue.

Here is the link to the original post.

from Lanebailey.com

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Mortgage and Housing Volatility… Over?

Over on one of my other blogs, I re-blogged a post from Jeff Corbett.  He is VERY involved int eh mortgage and housing industry and loves diving into the ugly underbelly of the industry.

The Fed
Image by The Life of Bryan via Flickr

In this post, he lays out the reasons he sees why there will be increased volitility in the mortgage and housing sectors.  Basically, since the Fed is currently slated to stop buying mortgages next month…

It is worth a read…

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Lilburn Market Report for December 2009

This has certainly been an interesting year in real estate.  And we are still staring at the tea leaves trying to see the direction of the market and figure out what the future holds.

The biggest thing in housing in the last few months has been the First Time Home Buyer Tax Credit.  It has had a GIANT pull on the market, and when it “expired” (it was renewed and expanded before it actually expired, but the effect seemed to expire) it altered the direction of the market… as it did when it was enacted.

Let’s get a few numbers for Lilburn out of the way… Read the rest of this entry »

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DR Horton has started building in Legends at Parkview

I’ve written a couple of posts about the Legends at Parkview.  Mayfield Homes was the original building in the community, but they ended up getting foreclosed.  DR Horton picked up the remaining lots and have recently started construction. Read the rest of this entry »

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