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Market Conditions

From Businessweek: If You Don’t Buy A Home, You’re Broke or Stupid

http://www.gahomesdigest.com/images/rate-chart-bsnweek.jpg December 14, 2009

Believe it or not, this is the title of the article.  I’ve never said this and don’t agree with what I believe to be a salacious title, but I do agree with the jist of the article.  Rates are low, prices are at an all time low.  There are several great reasons NOT to buy, but hundreds [...]

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Most People Who Bought In 2009 Expect 10%

Real Estate Buyer Trends November 18, 2009

According to a recent NAR survey, 73% of all buyers expect a 10% or more appreciation in the next 5 years.
The survey asked 1004 buyers about their thoughts on their purchase.
Here’s the highlights:

1 out of 8 buyers are planning on buying for investment.
25% of buyers are buying or plan to buy foreclosure (THIS MEANS THAT [...]

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GA Real Estate Market Update November 2009

November 17, 2009
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Real Estate Market Condition Report – October 2009

October 12, 2009

This month we see that sales are rising, with the same trends as before. The majority of homes are still categorized as “distressed.” First Time homebuyers only make up 50% of the sales, so other buyers are out there right now due to the low rates. Also worth noting is that the [...]

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Real Esate Market Conditions – September 2009

October 5, 2009

Sales are up, way up by 7% and interest rates are low, however, there’s still a lot of inventory. Buying a home and moving quickly now are key if you are wanting to capitalize on the first time home buyer credit.

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Real Estate Market Conditions – August 2009

http://www.gahomesdigest.com/images/ThisMonthinRE_002.jpg August 25, 2009

It’s not just our nation that has seen a surge in prices and sales, but our State has as well! Areas that are usually considered declining, such as Lawrenceville 30044, have had a huge increase almost to a median price of $200K! That’s back to what it was 3 years ago. [...]

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Tenants Now Protected In Foreclosed Rentals

Thumbnail image for Tenants Now Protected In Foreclosed Rentals July 8, 2009

So you are home from work relaxing watching re-runs of Friends and suddenly your front door is kicked open and a big burly man with a gun comes in, points the gun at you and claims that he’s the sheriff.
Sound like something out of the show COPS or maybe a move starring Johnny Depp, but [...]

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Sales Are Up 29% From Last Month | Real Estate Market Condition Report May 2009

May 16, 2009

Buying opportunities abound for value-savvy home shoppers in select markets across the nation, where prices have fallen to 2003 levels. While home prices are still declining on a year over year basis, they are falling at the slowest rate in five months, which indicates a degree of stabilization compared to recent months.
Attractive prices, [...]

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In Depth Video On 2009 Tax Credit

April 27, 2009

I was planning on doing a video myself, but my company beat me to it. I thought this was a great video that explains the 1st time home buyer tax credit.

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Sales Up 5.1% For April

April 20, 2009

The national median home price continues to overcorrect. Home prices stood at 2003 levels in February at $165,400, which translates to a 16% decline from a year ago. “Given the downward distortion in price comparisons due to distressed sales, it’s important for owners to keep in mind that this doesn’t equate to a similar loss [...]

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