For Sellers Category
Gwinnett Market Reports from January…
March 2nd, 2010 Categories: For Buyers, For Sellers, Lilburn
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…
February 16th, 2010 Categories: For Buyers, For Sellers
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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Flashback Friday and the County Assessors facing reality
February 9th, 2010 Categories: For Buyers, For Sellers
- 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?
February 2nd, 2010 Categories: For Buyers, For Sellers
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.
- 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
January 12th, 2010 Categories: For Buyers, For Sellers, Lilburn
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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Absorption Rate? What is this about?
December 7th, 2009 Categories: For Buyers, For Sellers
There are some terms that we toss around in the real estate industry as if people knew what we were talking about… Absorption Rate is one of those terms.
It isn’t complicated, but if you are unfamiliar with the term, if can be confusing. And unlike “Bacon Double Cheeseburger”, it isn’t really self explanatory.
What is Absorption Rate? Read the rest of this entry »
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Mold, not just for bread and cheese anymore…
September 7th, 2009 Categories: For Buyers, For Sellers
Image via Wikipedia
Ok, mold has NEVER just been for bread and cheese. and while it can be useful stuff… when it is penicillin… the rest of the time, it is NOT something we want in our bodies.
So, Mold and Real Estate?
I’m seeing it more and more. Actually, it started a few years ago, but as more foreclosures come on the market, mold gets to be a bigger issue. Read the rest of this entry »
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Deals in Bankrupt Subdivisions?
September 3rd, 2009 Categories: For Buyers, For Sellers
I recently took some buyers out looking at houses in an area with a lot of bankrupt subdivisions. The houses were, in many cases, quite attractive and priced very competitively.
But there are a lot of considerations that buyers need to weigh before buying a home in a subdivision where the developer has gone out of business… Read the rest of this entry »
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Police Response time… 15 minutes.
August 30th, 2009 Categories: For Buyers, For Sellers
The listing said to call before visiting the home. The listing sheet said that the alarm code was in the lockbox. I called… the agent reiterated that the alarm code was in the lockbox.
The house had a keypad deadbolt. The lockbox contained a code that accessed the deadbolt.
It was NOT the same code as the alarm… The alarm code was Read the rest of this entry »
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Broker Fees?
June 30th, 2009 Categories: For Buyers, For Sellers, Lilburn
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