About Atlanta's Avondale Estates

Many home buyers are still on the fence -- waiting for another tax incentive and/or for home values to decline even further. Most likely there will not be another tax credit AND we won't know if we've reached the bottom of the market until after already happened and home values are on the rise.

Here are three good (excellent, actually) reasons to purchase a home:

• Interest Rates are low, low, low -- rates have been at 4.75% or less
• Home prices bottomed out in many of the Metro Atlanta real estate markets, and many sellers are VERY motivated to sell
• Downpayment minimum is only 3.5% of the purchase price

If you are disappointed that you missed the first-time home buyer incentives, take a look at the following chart. Interest rates are down almost 1.0% from April (when the home buyer incentive expired), which will save you more than $100 per month on a $200k mortgage. Over the long term, it can save you tens of thousands of dollars.

If you have any questions about the home buying process in Metro Atlanta, we're here to help!

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Thank you for visiting by our Atlanta Real Estate Blog!

Posted by: Kerry Lucasse - Atlanta GA Real Estate Agent - Atlanta Home Search Team
The ATL Home Search Team is part of Keller Williams Realty

CALL ANYTIME AT 404.432.1844

Avondale Estates Real Estate

Avondale Estates is a wonderful old community roughly 15 minutes east of Atlanta. Beautiful architecture and a real sense of community here make Avondale Estates one of the more desirable suburbs of Atlanta in which to live.

To browse homes in Avondale Estates click here.

Avondale Estates is an incorporated city with its own police force and other amenities. You can find out details about the city by clicking on the sign below.

Be sure and contact Benefield Realty for any real estate needs in Avondale Estates, Georgia.

Enjoy Your Day.

GREAT NEWS!

Thanks to historically low interest rates, $8000 tax credit for first time home buyers and affordable home prices, the National Association of Realtors repored that sales of existing homes in February were UP 5% nationwide and 6% in the South - compared to February of 2008.

View the FULL ARTICLE

As we venture forward in this buyers market (aka FIRST time home buyers market), I have a very good feeling that homes priced under $350,000 will continue to sell and the existing home sales will continue to rise.

If you are a first-time home buyer, get the full scoop on the 2009 Tax Credit

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KELLER WILLIAMS REALTY :: 404.432.1844 :: KERRYLUCASSE@KW.com