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Real Estate Market

Buying A Home Series: Step 2 – Setting Up Your Budget

Home Buyer Budget January 30, 2010

Believe it or not, most home buyers never even consider their budget.   Most home buyers do what we did with the advice my Mother gave me.  Take your income and multiply by 3 and that’s the home you could buy.  So if you make $50K you could reasonable afford a $150,000 home.  There’s different variations [...]

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If I buy a home with an FHA loan, is the 3.5% down part of the closing costs?

December 29, 2009

I saw this question on a community website and answered it and thought it might be good to share with others.  Here’s what I wrote:
It’s easier to look at an example I think. 
Say you are buying a home for $100,000. 
It will cost you about $3,500 in closing costs to get a loan for this home. [...]

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Top Realtor Office In Gwinnett & Dacula

December 16, 2009

The Jarvis Team at Keller Williams Realty is the #1 Brokerage for Gwinnett County and Dacula, GA.  Not only are we the best (in numbers of listings) but we’ve proven it out!
#1 In Market Share in Gwinnett and Dacula for homes for sale
#1 In listing volume (decided by the actual amount of money totall
#1 in number of [...]

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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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Broward County Residents Top List of Relocating Buyers

Thumbnail image for Broward County Residents Top List of Relocating Buyers October 1, 2009

As a Relocation expert for over 7 years I have always tracked where folks from other states move to and county growth etc. Outside local moves from say Decatur to Lawrenceville which make up the majority of the buyers in Gwinnett County, moves from Florida, New York and California have always topped the [...]

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$99 A Month for 12 Months – Not a Gimmick Thanks to $8,000 Tax Credit

8000 tax credit June 30, 2009

You might have read the headline and thought, oh no!  This is another one of those funky loans that change over time.  Nope.  It’s not a special loan, it’s another way to think about the $8,000 tax credit.  If you take a $125,000 home’s payment of roughly $750.00 a month at 6% interest rate (fixed [...]

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Real Estate Market Fact Checking…

February 17, 2009

The sky and market is falling.  The world as we know it is going to end.  All of this may be true if we relied on CNN to report the news, but here’s some facts I thought I would share with you.

Fact: The pending home sales index increased to 87.7 percent from only 82.5 [...]

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