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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Say Goodbye to the Stone Mountain Super Target…

Target Corporation
Image via Wikipedia

Originally built in 1999, the Super Target located in the shadow of Stone Mountain, next to the old Olympic Tennis Venue, will be closing as of January 30th, 2010.  Faced with declining profits from the store, Target is pulling the plug. Read the rest of this entry »

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My New Challenge – Junior Achievement

View of Wall Street, Manhattan.
Image via Wikipedia

A while back, I wrote that I had volunteered with Junior Achievement.  Up until now we hadn’t been able to find an assignment that was reasonably close… but that changed this week.

I am now the JA volunteer for Ms. Ferrer-Adames 4th Grade class at Nesbitt Elementary School in Gwinnett County.  and I recently had our first class together.  It was a lot of fun. Read the rest of this entry »

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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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Interested in New Home promotions in and around Gwinnett County, GA?

I have just rolled out a system to update YOU when there are promotions in new home communities in and around Gwinnett County, GA. There are days I get 6 or 7 notices from builders and developers, and there are weeks when there aren’t any… But, as soon as I get them, I will forward them to my new toy platform. Read the rest of this entry »

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New Homes Around Gwinnett County

New Home Deals
Image by lane.bailey via Flickr

There are still some new home developments going up around Gwinnett County, GA.  Even though we keep hearing on the TV and radio that new construction has all but stalled, it hasn’t completely stopped.

And, December is traditionally the slowest month of the year for homes to go under contract (January is the slowest for closings…).  So, there are a number of builders that are offering incentives for buyers during this time of year. Read the rest of this entry »

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