I was at a seminar recently. Among many topics, was of course, the subject of market conditions for Atlanta in 2010. And, as you can imagine, the opinions were mixed. Opinions ranged from a 50/50 chance the recession will turn around (safe bet!) to the possibility of a double dip recession.
Other projections included:
Here are the current stats for September 2009 vs. September 2008
Foreclosures in our Atlanta market still tend to capitalize our market; but, short sales seem to be making a strong showing. Unfortunately, due to the unregulated handling of short sales, they still tend to be a lot of work and require an enormous amount of patience - with no guarantee.
For more market reports for our Atlanta market, please visit my webiste: MySuwaneeHome.com and click on "Janice's Blog".
The $8000 Tax Credit was set to expire on December 1st 2009. We are happy to announce that both the Senate and House have passed an extension and expansion of the Home Buyer Tax Credit. The bill is now signed by the President and is official! This is great news for buyers and sellers of real estate in metro Atlanta and north Georgia. Overview Of The New Home Buyer Tax Credits: The new trade-in or move-up tax credit is estimated to apply to over 70% of real estate buyers. There is no requirement to sell your current home - just to make the new home your principal residence for 3 years. That allows current homeowners to rent their former residence and buy while prices are still low. It also allows buyers to purchase a pre-sale if it can be completed and closed before June 30th 2010. These are just a few of the new possibilities that are now available for buyers in metro Atlanta and north Georgia. Please Contact Me To Understand The Opportunities Today!
Information deemed to be accurate but not warranted. If your home is listed with another broker, this is not intended as a solicitation.

Saturday, October 24, 2009
Town Center Park, Suwanee GA
Attended by over 6,000 festival-goers, families and food connoisseurs, Taste of Suwanee is now an annual tradition in the City of Suwanee, voted in the top ten cities in the nation. Over 30 restaurants participate in an afternoon of sampling appetizers, entrees and desserts from their menus.
This year culinary demonstrations are offered by the infamous Chef John of Kroger Cooking School. Dish Network will air college games live for the football fanatics. The event will also offer entertainment to please every palette, including a concert stage with live music and performances.
The Kids Zone will return with new and improved inflatable activities, rides and games. After dining, festival-goers can meet Community Partners and stroll through the Artist Market for arts and crafts from local artists.
The North Gwinnett Tip-Off Club invites you to be a part of this incredible community event.
Admission is Free!
The Town Center Park is located on the corner of Buford Highway and Lawrenceville Suwanee Rd.

Mark your calendars!
Suwanee's Toast at Town Center
DATE: November 5th and December 3rd
TIME: 5 pm - 10 pm
This will the first time the City of Suwanee has changed the alcohol ordinance to allow an event which will allow beer and wine ONLY to be bought and carried out of the restaurants.
There will not be entertainment or vendors in the park. The idea is to keep people in front of the businesses and to create a social atmosphere in which people will enjoy music provided by the merchants, shop, and stroll along Town Center Avenue.
Depending on the success and participation will determine if "Taste at Town Center" will become an annual event.
Like other areas of the country, the wonderful town of Suwanee GA continues to look for signs of improvement in their real estate market. There is no question whether you are a Real Estate Agent, a home owner trying to sell or a buyer out looking for the deal, each would give a different perspective on the state of our local market.
Suwanee managed to hold steady during third quarter in overall units sold as corporate owned properties and/or foreclosure distressed properties:
Located approximately 30 miles north of down town Atlanta, with a population of approximately 16,000 residents, Suwanee has enjoyed good (but reasonable) appreciation on their homes as the town has grown over the past 20 years. Unfortunately, like everywhere else, the residents of Suwanee are no stranger to the burst of the real estate bubble or the financial meltdown felt by so many across the country.
Below is an overview of the past six months for Suwanee, GA:

Market Reports for Suwanee and Atlanta
Come to my house:
MySuwaneeHome.com
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