Cumming, GA

Cumming Homes for sale

01-31-12

John Foster: Real Estate Agent in Cumming, GA

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Office: (678) 455-3048 x109

Mobile: (770) 722-7010

At the end of December there was a six month supply of homes for sale in Cumming. That amount of inventory is a market in equilibrium - it will be interesting to watch over the next 3 months as the inventory level rises. I have two homes I am getting ready to list. As long as sales increase the anticipated 4-5% and the amount of foreclosures on the market does not increase significantly I think 2012 will be a good year.

If you want to buy or sell a home in Cumming, call John Foster with Remax All Properties at 770 722-7010 or visit my website at www.FosterHomeInfo.com

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Cumming Real Estate Report - Cumming Remax Agent explains the Cumming Market

01-27-12

John Foster

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Office: (678) 455-3048 x109

Mobile: (770) 722-7010

In looking at the Cumming Real Estate Stats - here are a few items that jump out at me. First, note I am looking at all of Forsyth County Data:

Average Sales Price in 2011 $256,372 (A)
Average List price when solds went under contract 272,657 (B)
Average Sales price to list price when went U/C 94% (A)/(B)
Average Original List Price 290,808 (C)
Avg. Original List Price to Sales price 88% (A)/(C)

From the stats it looks like on average home owners go through an average of two price adjustments before getting their home priced right. What happens if they do not get their homes priced right - they expire and there were a lot of expired listings. 2,595 homes sold in Cumming (Forsyth County) in 2011 - if you need to sale make sure you talk to John Foster with Remax All properties at 770 722-7010. I know the Cumming market and will be direct and honest with you so you can make the best decision for you and your family based on straight answers.

Visit my website at www.FosterHomeInfo.com to search the MLS.

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John Foster - Cumming's Short Sale Specialist - Stop Foreclosure

01-19-12

John Foster

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Office: (678) 455-3048 x109

Mobile: (770) 722-7010

STOP Foreclosure - If you are upside down in your mortgage and feeling like a foreclosure is your only option, John Foster with Remax All properties. I am an CDPE (Certified Distressed Property Expert). I will be happy to review with you what options you have available - including doing a short sale. There are several benefits of doing a short sale verses foreclosure such as in some cases people that do short sale can purchase another home in as little as 2 years.

Call me and I will be happy to review the options you have a available. Call today because if you are already late the clock is ticking. Call John Foster at 770 722-7010 or visit www.FosterHomeInfo.com

John Foster with Remax All Properties is a Certified Distressed Property Expert and a Short Sale/Foreclosure resource and works Primarily in Cumming, Alpharetta, Johns Creek and Suwanee Ga. Call him today

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Fixing Leaky Faucets

01-17-12

Michael Hickman

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Office: (678) 341-7436

Mobile: (404) 444-3446

From the ages of 7 to 18, I worked in our family plumbing & electrical supplies store. During that time, I saw lots of DIY (Do It Yourselfers) come in needing help with some issue. With leaky faucets, especially these days, a full replacement just isn't necessary. Usually, the problem is one of the following or a combination: O-ring(s), seat, spring(s) or a stem. Find the model of your faucet, at the very least get the manufacturer. Turn the water off and remove the innards of the faucet. You might want to consult Google or Youtube for a video on taking it apart. You'd be surprised how many are available. Then, take the innards to your local hardware or plumbing store and ask someone for help. Since you already have it apart, I would replace as much inside as possible. Trying to assemble / disassemble & test to see what's the problem just isn't worth the time, and you may be causing more damage tan necessary. If there's a complete repair kit, buy that and install it. One little tip, a little white grease never hurts around O-rings. Ask the store employee first, though. Yes, you may have a little grease coming out of the faucet when you first use it, but it can do wonders to make things work smoothly and seal things up. Happy Home Ownership!

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Cumming Real Estate Update - Moving to Atlanta - read this report

01-12-12

John Foster

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Office: (678) 455-3048 x109

Mobile: (770) 722-7010

I was just looking at real estate stats for 2011 for Cumming (all of Forsyth County) and noticed the following:

Homes closed in 2009 was 2098, homes closed in 2010 was 2209 (5% growth rate) and homes closed in 2011 were 2590 (for a 17% growth rate).

Next I looked at the number of distressed sale, these are foreclosures, short sales etc, that took place during these years and this is what I found. In 2009 21% of the closings were distressed, in 2010 25% of the sales were distressed and in 2011 33% of the sales were distressed. I think a lot of the increases relate to the FMLS starting to track short sales etc - but that gives you the breakdown for homes sold in Cumming.

I expect 2012 to be similar to 2011 in about 1/3 of all sales will be foreclosures and short sales. In some communities, like Chadbourne, only 15% of the homes sold were distressed. That is a large difference and just goes to show you how important location is when buying a home - I think Chadbourne being close to Windward parkway has helped homes sell and kept the percentage of distressed sales down.

If you are thinking of buying or selling real estate, or know someone who is, please email me at JohnFoster@remax.net or call me at 770 722-7010. I am always looking for Buyers and people that are trying to sell their home. Also, visit my website at www.FosterHomeInfo.com to search the MLS.

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