Blog

OVER BIDDING IN ATLANTA!!!!

Yes the banks are getting top dollar for their listings, there seems to be more buyers in the market then there is quality FHA homes. This calls for a bidding war between buyers, and this new frenzy called "THE HIGHEST AND BEST" the term most agents hate to hear these days !!!!! So dont get discouraged as a buyer you may make 10 to 15 offers before you are under contract!!!!!!

Shortsales !!! some can be and absolute night mare and take over a year especially when dealing with the worlds largest banks.... but in some cases you can get closed in 90 days or less. The fact of the matter is banks are being forced and steered to do more shortsales so we have no choice but to make offers on them.... If you are the third contract then you stand a chance to close a bit faster then the norm !!!!!

 

Upside down Homeowners
By tiffany
February 10, 2011
Home Owners Stead fast, Buyers and Investors lets make some moves........Tips for Struggling homewowners ATLANTA - Housing prices have dropped yet again and according to the Standard & Poor's home price index, Atlanta has taken another hit. Housing prices in the metro area have dropped more than 7 percent over the last year.  So for buyers and investors that is great news don't believe the hype the market is great if you have the revenue to purchase now. This is the best time to build your portfolio and have a thriving monthly income from rental properties which are free ...
Despite The Fragile Housing Market
By tiffany
February 10, 2011
Despite the still fragile housing market, Fannie Mae expects housing startsto triple by 2013.  According to the agency's economic outlook, housing starts are predicted toincrease 17.% and hit 710,000 this year, with another 47% increase to 1.1million in 2012 and another gain of 42% in 2013 to nearly 1.5 million.In 2010, there were about 510,000 housing starts."We expect a small rise in home sales this year, but significant amounts ofsupply and shadow inventory of expected foreclosures will continue to hampera robust housing picture for some time," said Doug Duncan, Fannie Mae'schief economist.  The government-sponsored enterprise projects total sales of new and existinghomes to climb 4.5% in 2011 to 5.43 ...
Good Signs For 2010 by Spring!!
By tiffany
August 24, 2010
The Real Estate roller-coaster ride continued last year as the median price of U.S. single-family home plunged 11.9% to $173,200. The  housing situation had been looking up earlier in the year, with prices gaining ground in the first nine months.  But the increases weren’t enough to push the median home pries above 2008′s bar of $196,600. according to the National Association of Realtors. And then, prices fell in the fourth quarter, dropping 2.9% compared to the previous 3 months and 4.1% compared to the last quarter of 2008. Still the quarter-over-quarter drop was encouraging to NAR, which tracks home prices and ...
The Property Experts on the $8,000 Tax Rebate for New Homeowners
By tiffany
October 8, 2009