Archive for the ‘Atlanta’ Category

Market Conditions for Atlanta

Saturday, December 5th, 2009

A few select markets appear to have statistically stabilized, Atlanta is getting closer. Atlanta is close to finding stable ground. Things in Atlanta slowed as we entered fall. If we get out to a good Spring 2010 market, we might find that traction and start the climb out.
We’re (more…)

$8000 Tax Credit

Saturday, December 5th, 2009

Did you know….up to an $8000 tax credit for first time buyers! This makes it an even better time to buy!
It’s no secret that the housing market has suffered as a result of the recent financial crisis the country is experiencing and for Atlanta, like most cities (more…)

Welcome to Atlanta

Thursday, December 3rd, 2009

Timing is everything! An upbeat city offering excellent public schools, shopping, job opportunities and much, much more! Atlanta is currently a buyer’s market, Now is an excellent time to make your purchase in Atlanta. Here are some local factors that affect home values in Atlanta:
Median household income: $50 (more…)

Tax Credit Quandaries Answered

Thursday, December 3rd, 2009

The complexity of new home buyer tax credits leaves potential buyers with many questions. Here are answers to some of the most confusing:
How does a current home owner qualify for the $6,500 credit?
Buyers must have lived in their homes for at least five out of the (more…)

Economic Woes Hurt Retirement Homes

Tuesday, December 1st, 2009

Retirement homes are facing financial problems, leaving thousands of elderly residents struggling with higher costs and the possibility that they may have to move.
Erickson Retirement Communities, which manages 19 continuing-care communities in 11 states, recently declared bankruptcy. Sunrise Senior Living announced plans to sell 21 of its assisted-living (more…)

Atlanta Real Estate Market Hits Bottom

Tuesday, December 1st, 2009

We have hit the bottom of the Atlanta Real Estate market. There are still foreclosures and short sales in the market place. Now is the time to buy as there is $8,000 from the Federal Government for anyone who has not owned a home in the last three (more…)

Fannie Mae – New Affordable Housing Options

Sunday, November 29th, 2009

Fannie Mae announced that it has launched several initiatives designed to stabilize neighborhoods and promote purchases by owner occupants and low-income buyers.
Fannie Maes First Look initiative offers buyers who intend to live in the home, particularly low-income buyers, an opportunity to make an offer during the first 15 (more…)

Indicators Suggest More Housing Weakness

Friday, November 27th, 2009

A new report from the Federal Housing Financing Agency indicated that home prices were flat in September compared to August.
Some analysts saw this and other factors as a sign that home prices are likely to fall again.
Predicting a new 10 percent decline, John Silvia, chief economist at (more…)

Atlanta – Strong Buyers Market

Wednesday, November 25th, 2009

Atlanta – Strong Buyers Market
The Atlanta market this year remains a strong buyers market with some great Atlanta home buying opportunities. The Atlanta MLS is currently carrying large volumes of new, resale and foreclosure single family homes, town homes, and especially condos. Inventory and much higher than normal (more…)