Jefferson, GA

(DOM=Days on Market)

ACTIVE LISTINGS

Price Range #Listings DOM

$0 - $9,999	8	78
$10,000 - $19,999	2	133
$20,000 - $29,999	1	133
$30,000 - $39,999	2	246
$40,000 - $49,999	5	126
$90,000 - $99,999	2	10
$100,000 - $119,999	6	117
$120,000 - $159,999	34	225
$160,000 - $199,999	48	147
$200,000 - $249,999	24	280
$250,000 - $299,999	13	378
$300,000 - $349,999	3	563
$350,000 - $399,999	1	212
$400,000 - $449,999	2	476
$450,000 - $499,999	4	382
$500,000 - $599,999	4	274
$600,000 - $699,999	1	772
$700,000 - $799,999	1	233
$800,000 - $899,999	3	279

TOTAL ACTIVE LISTINGS 164

AVERAGE DAYS ON MARKET 223

PENDING LISTINGS

Price Range # Listings DOM

$10,000 - $19,999	1	23
$20,000 - $29,999	1	24
$50,000 - $59,999	1	122
$70,000 - $79,999	1	127
$100,000 - $119,999	4	81
$120,000 - $159,999	3	64
$250,000 - $299,999	1	52

TOTAL PENDING LISTINGS 12

AVERAGE DAYS ON MARKET 72

SOLD LISTINGS

Price Range # Listings DOM

$20,000 - $29,999	1	430
$30,000 - $39,999	1	37
$40,000 - $49,999	1	87
$60,000 - $69,999	3	119
$70,000 - $79,999	1	238
$80,000 - $89,999	3	20
$90,000 - $99,999	5	113
$100,000 - $119,999	6	87
$120,000 - $159,999	53	91
$160,000 - $199,999	34	159
$200,000 - $249,999	13	215
$250,000 - $299,999	7	231
$300,000 - $349,999	3	294
$450,000 - $499,999	1	606
$500,000 - $599,999	1	71

TOTAL SOLD LISTINGS 133

AVERAGE DAYS ON MARKET 139

EXPIRED LISTINGS

Price Range # Listings DOM

$0 - $9,999	4	143
$10,000 - $19,999	2	501
$20,000 - $29,999	2	243
$40,000 - $49,999	1	94
$50,000 - $59,999	5	401
$60,000 - $69,999	2	397
$70,000 - $79,999	2	244
$80,000 - $89,999	3	228
$90,000 - $99,999	6	215
$100,000 - $119,999	6	225
$120,000 - $159,999	48	242
$160,000 - $199,999	93	231
$200,000 - $249,999	53	268
$250,000 - $299,999	17	296
$300,000 - $349,999	11	407
$350,000 - $399,999	4	544
$400,000 - $449,999	3	160
$450,000 - $499,999	3	316
$500,000 - $599,999	4	252
$600,000 - $699,999	2	393
$700,000 - $799,999	2	185
$900,000 - $999,999	1	905
$1,000,000 - And Over	1	368

TOTAL EXPIRED LISTINGS 275

AVERAGE DAYS ON MARKET 264

In case you haven't heard...our very own high school football team, the Jefferson Dragons has been selected as one of the 5 teams in the state that's in the running for the Fox5 Team of the Week.

If you're a Dragons fan, you can vote for your team. You may vote as many times as you'd like between now and Tuesday at 3pm (but only one time per hour per computer).

Click Here to Vote for the Jefferson Dragons!!!

P.S. Feel free to encourage MANY others to cast votes as well .....

To pass along this link to others, just copy and paste the following link into your e-mail...

http://activerain.com/blogsview/713452/Jefferson-Dragons-up-for

Go Dragons!

Click here to visit my webpage

I know I just blogged/bragged about the benefits of Prudential Georgia Realty last week, but you'll have to forgive me if I do it again...

We just got another award or two this week...

J.D. Power and Associates has ranked Prudential Real Estate "Highest in Satisfaction for Home Sellers among National Full-Service Real Estate Firms" in the 2008 Home Buyer/Seller Study!!!

Also, Prudential just received a Consumers' Choice Award for Executive Home Sales in Metro Atlanta. That makes 5 years in a row that consumers voted and recognized Prudential for delivering exceptional value and service to our clients.

For more information on these awards, click here!!!

Click here to Visit my Website

The National Association of Realtors has announced that pending home sales rose 6.3% nationally in April, according to the Pending Home Sales Index. Pending home sales reached it's highest level in over 8 months.

For more information on the rising home sales, view the entire document below.

http://www.realtor.org/RMODaily.nsf/pages/News2008060901?OpenDocument

I believe some of the reason for the improving numbers is seasonal. Many people want to close on their new home in the summer months...after school is out...and be moved-in by fall in order to allow their kids to start at their (potentially) new school on-time. Therefore, they do their searching in the early spring months and try to get a home under contract around April or May.

It will be interesting to see what the Pending Home Sales Index does in May. When the May data is released, I'll be the first to let you know.

For you buyers that are on the fence...waiting for the market to "hit bottom" before you buy...you may want to make sure you haven't already missed it. With sellers and their agents seeing the improving numbers, they will be less likely to negotiate that great deal that they may still be willing to negotiate.

Check out the latest update from the National Association of Realtors' website and Chief Economist Lawrence Yun. Higher conforming loan limits, rising popularity of FHA loans, and a potentially stronger economy towards the end of 2008 will all have a positive effect on the national real estate market.

http://www.realtor.org/research/reinsights/forecast

Remember, all real estate is local - markets differ from city to city...and certainly differ from state to state. Don't let the media's talk of a nationally poor real estate market completely influence your opinion. Take it with a grain of salt.

And, the most important thing...a "poor" or "soft" real estate market means what??? That it's tough to sell your house for top-dollar. What does this mean to buyers? It means that it's a perfect time to buy!!! Don't wait for inflation to get worse and let mortgage rates rise (and yes, they're already rising) before you buy! You'll kick yourself later!

Look at how a higher interest rate can affect your monthly payment (principal and interest) for a $200,000 house:

Rate: 5.5% - Payment: 1,135.58

Rate: 6.5% - Payment: 1,264.14

Rate: 7.5% - Payment: 1,398.43

At the current time, rates are still low - and sellers are very, very motivated...especially if there house has been on the market for months and months. If you're going to buy, buy soon! If you wait "for the market to come back," you're going to have to pay top-dollar!