Real Estate Numbers are better than you think in our area!

Is there good news about real estate for 2008 - absolutely, "YES". The public is still buying homes and check out the latest news about interest rates at the bottom of this e-mail. Here are the stats from First Multiple Listing Service tax records Paulding County Stats

Single Family Residence
Time Period	Number of Sales	Median Sale Price
Dec 2007	184	$170,000
Dec 2006	373	$165,000
Nov 2007	229	$169,900
Nov 2006	410	$160,200
YTD 2007	4,022	$167,900
2006	5,203	$162,000

Douglas County Stats

Single Family Residence
Time Period	Number of Sales	Median Sale Price
Nov 2007	191	$165,900
Nov 2006	272	$185,750
Oct 2007	216	$179,000
Oct 2006	293	$172,500
YTD 2007	2,779	$175,800
2006	3,388	$168,000

Cobb

Single Family Residence
Time Period	Number of Sales	Median Sale Price
Dec 2007	521	$224,000
Dec 2006	928	$199,950
Nov 2007	520	$214,950
Nov 2006	867	$196,000
YTD 2007	9,551	$207,000
2006	13,294	$202,000

Rates on home loans drop after Fed makes emergency cut to fed funds rate, Freddie Mac says. Also, I've seen some interest rates on loans go as low at 4% with a good credit score. Incredible! Now is the time to buy!

https://owa.coldwellbankeratlanta.com/exchweb/bin/redir.asp?URL=http://money.cnn.com/2008/01/24/real_estate/mortgage_rates/index.htm?postversion=2008012411

Don't forget to check out homes that are listed with me at http://rperry.coldwellbankeratlanta.com/ or for more photos: http://perryangel.georgiamls.com/ - take an i-tour or v-tour (virtual tour).

Remember- if you know of anyone who wants to buy, sell or lease/purchase, feel free to give me a call and we'll schedule an appointment.

Remember, I love referrals...in the state of Georgia or all over the world!